XRP Selloff Cools as Analysts Refute DTCC Collateral Rumors, June 7, 2026

On June 7, 2026, analysts said rumors tying a DTCC collateral eligibility update to institutional XRP delistings were incorrect, helping ease a retail-driven selloff. The episode followed widely shared screenshots that fueled rotation from XRP into XLM, with on-chain data reportedly showing about $900 million in weekly realized XRP losses at the height of the panic. XRP briefly dipped below $1.30 before stabilizing as clarifications spread.