XRP Flips BNB, Hitting Highest Price in a Month as Ripple Plans to Seek Brazil License
By Logan Hitchcock
Published on March 17, 2026.
Ripple-linked coin XRP has risen to its highest trading price in a month, surpassing Binance's BNB to become the fourth-largest cryptocurrency by market cap. This comes amid news that Ripple is expanding its payments offerings in Brazil and plans to seek a local license. XRP's gains have also led to a rise in open interest, which has jumped $2.82 billion in the last two weeks, a 33% increase. Meanwhile, Ripple, the payments services firm with connections to the token, is expanding the expansion of Ripple Custody in Brazil with plans to apply for a Virtual Asset Service Provider (VASP) license via the Central Bank of Brazil.
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