Deutsche Bank has officially announced a partnership with Ripple, the innovative blockchain technology company known for its cryptocurrency, XRP. This collaboration is aimed at enhancing cross-border payment solutions and streamlining financial transactions across international borders. However, despite the significance of this development, the price of XRP has remained relatively stable and did not experience the substantial rise that many investors expected. Various factors may have contributed to this muted market reaction, including overall market conditions, investor sentiment, and the existing regulatory landscape surrounding cryptocurrencies. As a result, while the partnership between Deutsche Bank and Ripple is a noteworthy event in the financial and blockchain sectors, it did not lead to a dramatic shift in XRP's market value.
source: https://blocknews.com/deutsche-bank-partners-with-ripple-here-is-why-xrp-price-didnt-move-much/