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Ripple (XRP) holds near recently confirmed support at $1.30 on Friday, as bulls eye a short-term recovery toward $1.40. The remittance token's upside remains capped by structural levels, suggesting recovery would depend on whether buyers can sustain momentum. A daily close below $1.30 could affirm the bearish outlook, raising the odds of an extended downtrend toward the $1.12 psychological demand area. Ripple and Arf announced a strategic partnership on Thursday to bring stablecoin settlement liquidity to licensed cross-border merchants on the XRP Ledger (XRPL). Arf said in the press release that cross-border payment companies face liquidity challenges that can be solved by PayFi, its financial infrastructure built around treasury, foreign exchange, custody, investment products and real-time settlements. PayFi spans settlement liquidity, working capital financing and treasury management, using both fiat and stablecoins. The collaboration brings together the XRPL blockchain and Arf's regulated infrastructure to provide short-term working capital to cross-border payment companies, deployed and repaid on-chain. "Through this partnership with Ripple, we're bringing stablecoin working capital to the XRP Ledger to help payment companies bridge that gap and support more payment volume," Ali Erhat Nalbant, Co-founder and CEO at Arf, said in the press release. Arf's short-term...
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