Ripple recently announced that it has become a founding member of the TRM Labs Beacon Network, the first real-time crypto crime response network.
TRM Labs has announced the launch of Beacon Network, which will work with the Crypto industry and law enforcement to stop illegal funding before it ends the blockchain.
In addition to Ripple, founding members will include Coinbase, Binance, PayPal, Robinhood, Stripe, Kraken, Crypto.com, Zodia Custody, BlockChain.com, Anchorage Digital, Bitfinex, HTX, Poloniex, OKX, LFJ, 1inch, rhino.fi, Coinspeptot in creaens in cresenow, creseenow of crespptot in crespptot, and block off-ramps of criminal funds.
Ripple’s latest move has been attracting attention, especially in the XRP community and the crypto community. In a recent tweet, the XRP Ledger Dunl Validator Vet calls the move “important.”
This is important.
We hope this will help you with forensic work on a fast, responsive, preventive XRP ledger.
Details of this, community and projections! https://t.co/zavwugrlyy
-I know August 21, 2025
Some members of the XRP community recently expressed the need for an XRPL forensics team. The vet responded in light of this, saying, “This is important. I hope this will help you with fast, responsive, preventive XRP ledger forensic work.
Spotlight RLUSD
This week, Bullish announced it plans to receive $1.15 billion in revenue from its recently completed initial public offering with its historic first Stablecoins to use Stablecoins at US IPOs.
The majority of the proceeds from the IPO have settled in USDC, with only Coinbase being detained, along with the portion settled in EURC.
A portion of the IPO revenue was resolved to Ripple USD Stablecoin RLUSD issued in the XRP ledger. Ripple said this was the first public list to put the settlement process on the chain, and would establish a precedent for how Stablecoins will affect future lists.