XRP Ledger (XRPL) Gains Mastercard Support as ETF Flows Rise

TLDR

• Mastercard will sponsor the XRP Ledger Hackathon on October 24–25, ahead of Ripple Swell 2026.
• The hackathon will focus on building payment-related projects using the XRP Ledger network.
• Mastercard has expanded its crypto partnerships this year, including work involving Ripple, Circle, Binance, Gemini, PayPal, and Paxos.
• 21Shares changed the pricing benchmark for its XRP ETF, TOXR, from CME Group to the FTSE XRP Index.
• TOXR’s sponsor fee will now be paid quarterly instead of weekly, with payment made in XRP.
• Spot XRP ETFs recorded $13.82 million, about $24 million, and more than $28 million in daily inflows this week.

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The XRP Ledger (XRPL) is gaining fresh attention ahead of Ripple Swell 2026 after Mastercard joined an upcoming developer event. The move comes as 21Shares also changed how its XRP ETF tracks the token.

Both developments arrive as U.S. spot XRP ETFs continue to record new inflows. The activity links payment industry interest with growing demand for regulated XRP investment products.

Mastercard Backs XRP Ledger Hackathon

The XRP Ledger Foundation said Mastercard will sponsor the XRP Ledger Hackathon on October 24 and 25. The 36-hour event will take place just before Ripple Swell 2026, which runs from October 27 to October 29.

Developers will build payment-focused projects and meet companies working with the network. The foundation said the XRP Ledger offers a tested structure for payment use cases and invited developers to register for the event.

Mastercard has expanded its work with crypto companies during 2026. In March, the payments company joined a program with Binance, Gemini, PayPal, Paxos, Circle, and Ripple to connect blockchain services with its global payments network.

The company widened that effort in June by adding support for more blockchain-based assets. Those additions included Ripple’s RLUSD stablecoin and Circle’s USDC, extending Mastercard’s role across digital payment infrastructure.

21Shares Changes XRP ETF Pricing

A U.S. Securities and Exchange Commission filing showed that 21Shares changed the pricing benchmark for its XRP ETF, TOXR. The fund moved from CME Group pricing to the FTSE XRP Index, effective August 27.

21Shares also changed how often it pays the fund sponsor. Payments will now occur every three months instead of weekly, and the sponsor will receive the fee in XRP.

Spot XRP ETFs continued to attract capital this week. The funds recorded $13.82 million on Monday, about $24 million on Tuesday, and more than $28 million on Wednesday.

TOXR remains the only XRP ETF with negative cumulative flows at $20.06 million in net outflows. Bitwise’s XRP ETF leads the group with about $575 million in cumulative net inflows. The latest figures show demand remains concentrated among the larger funds in the market.

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Source: https://blockonomi.com/xrp-ledger-xrpl-gains-mastercard-support-as-etf-flows-rise/