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Hmm there is still a difference between centralisation and concentration :) as big players own more it doesn’t make things more centralized - but interoperability and multi chain tech does definitely make the future look more interconnected, and blurring the lines between defi / trad fi :) Interesting to see Circle release USDC on the XRPL (RLUSD / EURØP / USDB / BBRL etc) and Vivo’s plan to generate yield on their $100m of XRP using the FLR network! And tokenized realestate sales in Saudi Dubai’s first tokenized property listing sold in 24 hours, and the second sold in under 2 minutes! (Between 149 investors from 35 countries) “Both projects are part of the Dubai Land Department’s (DLD) Property Tokenization Initiative, designed to enhance real estate market accessibility through blockchain-based fractional ownership. The PRYPCO Mint platform, a joint initiative between DLD and PRYPCO, is licensed by the Virtual Assets Regulatory Authority (VARA) and utilizes blockchain technology developed by Ctrl Alt via the XRP Ledger.” Really cool to see the mix of so many techs and startups working together or on the XRPL to bring utility and new opportunities out! :)
Ripple (XRP-USD) just landed a major approval in the UAE — and it's not just another checkbox on a licensing map. Dubai's financial regulator has officially cleared Ripple's RLUSD stablecoin for use within the city's international financial district. + Trump said a few weeks ago XRP will be part of the national digital reserve ;-) It's a hold sir.
Not a dig, truly asking, how old are you and have you completed formal education? You really, and I mean really, don’t parse well. Ripple owns one validator. One. How about you do due diligence before making claims like “that list is “allegedly” not only Ripple servers, but it actually is only Ripple servers”. Where are you getting your info from? Look at the validator list, it’s easy to do. And when I say bad at parsing, here is an example Per the XRPL >Initially, it was believed that 60% overlap between two servers’ UNLs was enough to prevent those servers from forking apart. However, further research showed that in the worst case scenario, 90% overlap was required to prevent a fork. Per you >Also it needs to be 90% the same on every node, meaning, it is basically the same list on every node? Don’t you see the issue with how you interpreted this? I don’t think you do, if you did you wouldn’t misunderstand. >The XRP token is premined by Ripple No. Ripple wasn’t even a company when the coins were created. You don’t know this do you? You really are out here claiming knowledge and don’t know Ripple did not create the XRPL or XRP, they did not pre-mine XRP, they have never once distributed XRP, they do not own a single patent on XRPL or XRP and they don’t own the trademark of XRPL and XRP. Ripple does not own or control the XRPL, it is an open-source decentralized network, the first blockchain created that wasn’t a Bitcoin blockchain, and the first blockchain to have a DEX (Decentralized Exchange). Probably also don’t know 3 guys (David Schwartz, Arthur Britto, Jed McCaleb) created the XRPL, Chris Larsen joined them and they formed the company NewCoin, later named OpenCoin. There was no XRP, it was called XNS at the Genisis. Ledger::pointer firstLedger = boost::make_shared<Ledger>(rootAddress, 100000000); Ledger::pointer firstLedger = boost::make_shared<Ledger>(rootAddress, SYSTEM_CURRENCY_START); define SYSTEM_CURRENCY_CODE “XNS” https://github.com/XRPLF/rippled/commit/f0e3383856a8923e55b0f10e7822de9031b7159e >and it is sold by them to fund their marketing (instagram and youtube influencers) and development. Source on this? You can’t spout off and not be called out for trying to spread lies. >Every XRP in existance has been created by them. Wrong >Almost all utility cases that Ripple has developed evolve around a separated blockchain from the XRP. What are you on about here? Cite your source. >This means that everyone who is buying XRP, is basically just giving them money. Ripple does not sell OTC to customers. Buying XRP is not “basically” just giving them money, where would you get that idea from? Show me on-chain that buying XRP comes from a Ripple wallet, or is connected to a Ripple wallet. You can’t, because Ripple does not sell OTC, the SEC case went over this. >There is no use case for XRP and there will never be any use case for XRP. (Read up on XRPL and the RLUSD) Really? Really?? Ok here is one, how do you open a wallet on XRPL? Here’s another, by what mechanism does the XRPL protect against spammers? XRP is the native Layer 1 coin, saying a native Layer 1 coin has no use case exhibits a total lack of understanding of blockchains. You believing that RLUSD somehow makes XRP pointless shows a lack of fundamental understanding of the XRPL, cross border remittance, crypto regulations, Nostro Vostro, and Native Layer 1 coins. You should read more, post less, and do better at understanding something before you criticize it, your words are foolish and an indicator of your ignorance about the subject matter. Quite frankly it shows you watch YouTube crypto influencers that are counting on your ignorance for clicks and getting paid. Here’s some homework, if you believe the XRPL is centralized, then tell me how just one of these things can happen. how can Someone doublespend? how can Someone reverse transactions? how can Someone create more XRP? how can Someone censor a user from the network? how can Someone force a code update on the network? how can Someone owning XRP get rights to code base, validators, network and governance? Level up, do better, be better.
Wow, how can you defend something so much without have a single clue about what it is? Are you being serious right now? Hang on I will put together a little list for you In XRP every transaction needs to be verified by a server from a pre-approved list. That list is "allegedly" not only Ripple servers, but it actually is only Ripple servers. Also it needs to be 90% the same on every node, meaning, it is basically the same list on every node. So in reality you have only Ripple servers that are approved in the pre-approved list and no other alternatives. This if from their official documentation [https://xrpl.org/docs/concepts/consensus-protocol/unl](https://xrpl.org/docs/concepts/consensus-protocol/unl) "Initially, it was believed that 60% overlap between two servers' UNLs was enough to prevent those servers from forking apart. However, further research showed that in the worst case scenario, 90% overlap was required to prevent a fork" "Currently, the default configuration for XRP Ledger servers uses two lists: one published by the XRP Ledger Foundation, and one published by Ripple. Typically, these lists are very similar to one another or even **identical**." \--- XRP token The XRP token is premined by Ripple, and it is sold by them to fund their marketing (instagram and youtube influencers) and development. Every XRP in existance has been created by them. Almost all utility cases that Ripple has developed evolve around a separated blockchain from the XRP. This means that everyone who is buying XRP, is basically just giving them money. There is no use case for XRP and there will never be any use case for XRP. (Read up on XRPL and the RLUSD)
There could be actually a reason to use XRP - for cross-border payments between different currencies. RLUSD is tied to USD, so for cross-border payments it would be required to have liquidity pools in the destination currency. This is no different than the current SWIFT overall system (Bank A in USA holds a nostro account in Bank B in Europe, and has it pre-funded with X amount of EUR in order to be able to settle transactions between USD and EUR). Ripple wouldn't have an advantage going down this road, probably only the faster transaction times (can this justify the costly replacement of the existing, established system globally?). Other than that - everything remains the same if RLUSD is to be used. Fees would still be high, pools of money would need to be "parked" in nostro accounts of external banks (which means they cannot be used for profit making or investment).
tldr; Dubai’s Financial Services Authority (DFSA) has approved Ripple’s RLUSD stablecoin for use within the Dubai International Financial Centre (DIFC) starting June 3, 2025. RLUSD, a U.S. dollar-pegged stablecoin, is designed for enterprise use with a focus on compliance and transparency. This approval allows DFSA-regulated firms to integrate RLUSD into their services, supporting Ripple’s global expansion and reinforcing Dubai’s position as a digital finance hub. RLUSD is backed 1:1 by U.S. dollars and undergoes third-party audits to ensure reserve integrity. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
The administration at the very least would have to work with the Fed due to bluring fiscal and monetary authority. The Fed launched FedNow last summer, and while it proclaims it isn't a CDBC, let's be real.. it is. Would I buy it? Very little reason to hold a stable coin as it is today, so even if this were a competent administration, no. I would consider buying the L1 it sits on.. Global role.. probably wouldn't have much of any impact to the dollar itself, considering it would be pegged to it and we already have USDC, USDT, and RLUSD. Similar to above, I think the only impact it would hold is having a major government sign off on crypto. It would likely attract fresh retail, but i doubt it would nudge any needle on the institutional side as they've been loading up for the past five years.
I watched it but the APR is still too high compared to wrapped bitcoin. You can put wrapped bitcoin as collateral on aave or compound and borrow stablecoin at 2-5% RLUSD, DAI, USDC, Tether - from smallest to largest APR. Strike promises 9-12% APR on Bitcoin loans and its 12% for the lower amount of collateral and 9% for multi-millions in BTC, I find it interesting he skipped that slide pretty quickly. Im all for DeFi and also Jack Mallers is cool, but this product aint for me maybe for others.
A lot of people throw shade at XRP, but they ignore how efficient XRPL actually is. Fast settlement, low fees, and it’s been running without downtime for over a decade. If RLUSD gains traction on XRPL and starts getting listed on major exchanges, it could seriously compete with USDT and USDC as a transfer medium. Also, it’s ironic how everyone calls it “dead”, but XRP still outperformed most alts in the last year. The chart looks strong, and if utility adoption continues, a $8–$13 target this cycle doesn’t sound unrealistic at all.
The follow conditions 1. Tariffs all gone 2. XRP vs SEC case totally cleared - most likely in June XRP APEX in Singapore 3. ISO20022 14 July 2025 4. Full banks implementation of ISO20022 probably in Nov 2025 5. XRPL based Stable Coins adoptions goes up, e.g. RLUSD, XSGD, USDB 6. Market improved after USA recovers from supply chain issues By end next year….other than China & its Digital Renmibi (e-RMB) there will be many other XRPL based stable coins (3-5 sec) for each country freeing up banks more foreign funds previously reserved for cross border payment under old SWIFT messaging system (3-5days) Small amount of XRP tokens (finite supply) will be burnt permanently for each XRPL transaction Over time XRP can increase in prices once adoption goes higher to improve liquidity per transaction XRP uses a fraction of the energy required per transaction (compared to Bitcoin) & there will be no more minting of XRP token The energy required to mint BTC token exponentially goes up over time causing wastage of energy to produce BTC instead of using on the population. BTC slow transaction makes it harder to do point of sales payment compared to other crypto XRP are well suited for point of sale transactions using crypto wallet apps when banks take over custody of crypto like exchanges after OCC allowed banks to behave like exchanges https://www.cointribune.com/en/occ-clears-us-banks-to-buy-sell-and-custody-crypto-with-third-party-support/ That means one final nail in the coffin- internet of value for XRP = online payment using XRPL based stable coins or XRP directly is possible in a few years time
Exchange to wallet or exchange to exchange. Say I wanna buy "crypto a" on Kucoin, but I have to onboard money via Coinbase. RLUSD would be 99.9% cheaper than buying USDT RLUSD would be 99.9% cheaper when moving it from Coinbase to Kucoin
If RLUSD is on an exchange. It's not on the XRPL.
When RLUSD is available on the large exchanges and people need to move money Are they going to use USDT on ETH Or RLUSD on xrpl
To say nobody uses the network is pretty wild The network is used If RLUSD is in the xrpl it uses xrp Mast majority of RLUSD is on ETH which has no effect on xrp it self Spot ETFs will be the catalyst here
Yea, that's shit if you are holding XRP. But it's stupid to hold it. If you use the network, use RLUSD not XRP. But no one uses the network. I was talking from a decentralisation perspective.
Yay. Maybe just maybe XRP will get some of those highly lucrative transaction fees. Naturally assuming that Ripple = XRP is misguided. Government approvals, institutional adoptions, and dedication to cryptocurrency use, means RLUSD. If it's XRP they'd say. If you dig, their interest is in RippleNet and RlLUSD. Often times the XRPL is referred to as XRP, when it actually has zero to with it. RLUSD is the plan. There is no reason for them to buy, hold, use XRP. Except when desperately needing to get $$ to underdeveloped countries, which will be served by RLUSD in the near future.
While im also not an invester to xrp for differnt reasons, xrp wont peg to the dollar 1:1. Thats what RLUSD is for. On top of that the true value of xrp will be less than a dollar. . We appreciate your exit liquidity. Thank you for you service.
XRP doesn't even believe in their own tech (imo). That's why they've been running around trying to acquire all these companies before they've even exited the startup phase. Stablecoins have rendered XRP worthless, they recognized this and tried to develop their own stable coin RLUSD, and then made a half baked attempt to buy a legit stablecoin when they saw that no one cared about theirs. Not to mention, they are using funds from their coinholders to make moves that will benefit their shareholders, which is questionable.
tldr; Rumors suggest Meta may acquire Ripple Labs, driven by CEO Mark Zuckerberg's interest in stablecoins and cross-border payments, areas Ripple specializes in with XRP and RLUSD. Speculation arose from comments on profitability in cross-border payments and Ripple's large user base. Meta's hiring of blockchain experts and industry trends in mergers add to the intrigue. No official confirmation has been made, but the upcoming XRP Las Vegas event may reveal developments. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Last I checked RLUSD stable coin wasn't a shift away from XRP but rather just another product in their ecosystem to cover more use cases.
> ripple has been around over 10 years making XRP more useful. Time has made ripple less useful. It's 'bridge currency' utility now doesn't exist due to stablecoins. >companies adding utility : hidden road + metaco… With your money. To enrich themselves. With no method to return that value to you, the token holder. Not a positive. >the fee is burnt - it does not go to ripple. Irrelevant. It still means there is only 3k USD of ripple actually being used a day. That is the sum of it's utility out of billions. >In an institutional level there is evidence of larger holders. Please share this evidence. Or are we tiptoeing into the usual fan fiction that surrounds all XRP talk? >RLUSD is just another addition to the ecosystem (runs using XRP) : yes runs on ETH. How is launching a stablecoin on Eth, good for XRP holders? It isn't. >It’s worth noting from this point a year ago XRP is up 282% Irrelevant. Anyone can arbitrary pick a section of time to show their shitcoin out performing something else. You have written an awful lot there mate. Not really said anything.
If Ripple truly believed in RLUSD, then they wouldn't have tried some half-baked acquisition of Circle.
When Ripple Labs developed RLUSD, that was them admitting that XRP has no utility, at least not for cross border transfers or remittances. And when Ripple Labs tried to buy Circle, that was them admitting that no one cares about RLUSD.
Wow. >Billions in cross-border payments have already moved through XRP—not speculation, actual transactions. Can you show me these transactions? Maybe an institutional wallet? https://xrpscan.com/ >Ripple is also working with multiple central banks on CBDC pilots Can you share a few? >XRPL (XRP Ledger) now supports tokenized T-Bills, stablecoins, NFTs, AMMs, and real-time DEX trading So does every ledger/chain. And XRPL is miles behind. https://defillama.com/chain/xrpl You seem like an expert. Why is the majority of RLUSD on Ethereum? https://defillama.com/stablecoin/ripple-usd It means only Ethereum benefits from ripples stablecoin, as it is created and minted there. It doesn't touch the XRP Ledger.
XRP is a memecoin pretending to be the "Bankers coin". Ripples only source of income is selling XRP to retail. EVIDENCE: https://imgur.com/a/BSGvpZR Their new narrative is a stablecoin. Which will supposedly bring value to the XRP token. Unfortunately, that isn't possible as the vast majority of RLUSD (XRP stable coin) is created and minted on Ethereum and never sees the XRP Ledger. EVIDENCE: https://defillama.com/stablecoin/ripple-usd In conclusion is a shitcoin with a cult following who are absolutely incapable of doing on-chain research. Has as much chance of going up as Fartcoin.
Let’s clarify a few points: Current Price: As of May 4, 2025, XRP is trading at approximately $2.19, it’s all time high was $3.84, nearly 40% higher. Utility: XRP is utilized in Ripple's On-Demand Liquidity (ODL) service, facilitating real-time cross-border payments without the need for pre-funded accounts. Acquisition of CIRCLE for USDC or full replacement with RLUSD will send Ripple/XRP to the moon based on utility alone Adoption: Ripple has established partnerships with over 350 financial institutions across more than 55 countries, indicating significant institutional interest. The Cryptonomist Technical Outlook: Analysts suggest that XRP could reach up to $2.70 in May 2025, contingent on market conditions. It’s estimated to be $4-5 by end of 2025 XRP is more than just a speculative asset; it has real-world applications and growing institutional adoption. Please download my book [FUTURE PROVES Past - XRP 2034](http://XRP2034.com)
They’re completely irrelevant. That’s why there’s more RLUSD on eth than XRPL.
They’re completely irrelevant. That’s why there’s more RLUSD on eth than XRPL.
Again, you only used transaction fees. Ripple has invested in, and even outright purchased, other businesses. That's without even getting into escrow sales. Transactions fees are not and have never been their only goal of revenue stream. It sounds like you're really trying to say that USDC will remain a more popular stablecoin than RLUSD. I would agree with that, but it isn't what you actually said.
At the moment it looks like they will. USDC has way more name recognition than any of the other stablecoins, including Tether and RLUSD is a distant afterthought. Circle is poised to complete dominate cross border payments and remittances.
tldr; Ripple has strengthened its presence in the Middle East by becoming the first blockchain-powered payments provider licensed by the Dubai Financial Services Authority (DFSA). This milestone enables Ripple to offer regulated cross-border crypto payments in the UAE, a $400B trade hub and $40B remittance market. The region, known for its progressive crypto regulations and high adoption rates, is a key focus for Ripple, which aims to address inefficiencies in traditional payment systems with solutions like Ripple Payments and its USD-denominated stablecoin, RLUSD. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
They unlock 1b a month but most of that goes straight back into lock up 🤔 The top 2.5% of bitcoin holders hold 95% of all BTC Would you rather trust a known, time-locked entity or a handful of anonymous wallets with no leash? What would happen if satoshi dumped 1m bitcoin on the market? Not to mention how geopolitical things could get as well : the first bitcoin investors were against banking / governments etc chasing decentralised finances - XRP was criticized as being the bankers coin, but now BTC holders want institutional and government adoption - the payment / money narrative has practically died and now it’s just called ‘a store of value / hedge against inflation - tbh I’m not expecting XRP value to go up like crazy : people talk about how much money swift etc moves and act as if moving that much money with XRP would make the price go up; but even ripple has said it would not impact the price that much because supply and demand are the same and any discrepancy quickly gets arbitraged away… To send money overseas can take days and generate large fees, but to be able to do the same in seconds for next to nothing is useful and that’s just the tip of the utility iceberg : RLUSD / stable coin market, running centralized coins or tokenized assets, and more XRP is far better positioned to move money between currencies - and be used in the background to convert fiat A to Fiat B, without the customer ever even knowing XRP was used in the middle
Is RLUSD available to trade on dexes yet against eth? I tried looking on uniswap but couldnt find it
You are incorrect. Ripple unlocks 1b XRP each month from Escrow... not 'billions'... and a lot of that is put right back into escrow... Ripple has been one of the major drivers behind institutional adoption, and is far more incentivised to utalize the XRPL and bring others on board... Ripple has been acquiring other companies like Metaco for $250m (tokenisation), and Hidden Road for $1.25B ( first crypto firm to own and operate a global, multi-asset prime broker)... they have been acquiring banking licenses, launching RLUSD, and making connections with other crypto projects as well... All XRP alreadt exists. there are no mining costs... it is deflationary as a tiny portion gets burned over time...
Bitcoin is decentrally mined. It wasn't minted out of thin air by a for profit entity and then shilled to the masses. Half the supply is locked up by the founders..... XRP isn't need to use the private ledger. The Network isn't needed to use RLUSD. The Network will NEVER support smart contracts. There is literally no where for xrp to go because it has practically no utility and it never can be developed any further.
Bitcoin is decentrally mined. It wasn't minted out of thin air by a for profit entity and then shilled to the masses. Half the supply is locked up by the founders..... the network isn't needed to use their private ledger. XRP isn't need to use the private ledger. The Network isn't needed to use RLUSD. The Network will NEVER support smart contracts. There is literally where for xrp to go because it has practically no utility and it never can be developed any further.
I have had this conversion so many times now... I have some information for you right here, easily verifiable about XRP: \--- Centralization in XRP every transaction needs to be verified by a server from a pre-approved list. That list is "allegedly" not only Ripple servers, but it actually is only Ripple servers. Also it needs to be 90% the same on every node, meaning, it is basically the same list on every node. So in reality you have only Ripple servers that are approved in the pre-approved list and no other alternatives. This if from their official documentation [https://xrpl.org/docs/concepts/consensus-protocol/unl](https://xrpl.org/docs/concepts/consensus-protocol/unl) "Initially, it was believed that 60% overlap between two servers' UNLs was enough to prevent those servers from forking apart. However, further research showed that in the worst case scenario, 90% overlap was required to prevent a fork" \--- ISO20022 The whole narrative about Ripple somehow creating the ISO20022 standard to replace SWIFT and enforcing banks to use it is an absolute lie. ISO20022 is made by SWIFT, a company formed by the largest banks in the world that currently facilitates international transactions. There is a website dedicated to it [https://www.iso20022.org/](https://www.iso20022.org/), the standard is from 2013. Ripple simply implemented a subset of that standard, something thousands of financial companies around the world have done. This was a big narrative that Ripple was promoting on social media in September-December 2024, and it was an absolute disinformation campaign, but they were very successful in creating this illusion that they were bringing in new technology to replace SWIFT, namely the ISO20022 standard. It is quite clear that they were running a coordinated propaganda campaign with these messages using AI and bots along with paid influencer to hype up the XRP coin. There was also a big list of companies being pushed around that showed who had made NDA with Ripple. As if that meant any obligations between the two parties, which it clearly does not. \--- XRP token The XRP token is premined by Ripple, and it is sold by them to fund their marketing (instagram and youtube influencers) and development. Every XRP in existance has been created by them. Almost all utility cases that Ripple has developed evolve around a separated blockchain from the XRP. This means that everyone who is buying XRP, is basically just giving them money. There is no use case for XRP and there will never be any use case for XRP. (Read up on XRPL and the RLUSD)
It was never designed for Retail, they stated that and transparent about it. They already have over 500+ Bank partnerships and some are already adopted. They also just had an acquisition of Hidden Road a Non-Bank Prime Broker which handles $3 trillion annually and will be integrating XRP, XRPL AND RLUSD into it. I 4x my position and sitting here fine and looking towards the future, it may not be for retail but I and others are getting a piece of the cake 🍰 Good luck 👍
I disagree. I don't think RLUSD was the plan all along. Ripple saw the writing on the wall and made a pivot. Xrp is too volatile and not many people are going to take that volatile option when there are less volatile options that accomplish most of the original vision. Xrpl may still have something that sets it apart, but it's no longer ideal for ripples original vision.
How do you exchange RLUSD to any other RWA or stablecoin on the XRPL? > It’s truly amazing how you guys eat up this slop its truly amazing how when handed the direct answer to your question multiple times you ignore it while being confidently incorrect.
“Using RLUSD as collateral” ie no effect on XRP. It’s truly amazing you guys eat up this slop, pat ripple on the back and pretend this is groundbreaking.
> I don’t care how much you made, and I dont care how much you think Ripple "dumped" > How does it function on ETH, where the majority of RLUSD resides? On ETH it uses ETH obviously > Nothing I said there was wrong. "This has no impact on XRP value accrual" yet it doesnt function on the XRPL without it, nor do any other RWA nor do any exchanges and transfers. so yeah you said things that were vey easily proven incorrect.
I don’t care how much you made, not an argument lol How does it function on ETH, where the majority of RLUSD resides?
> Congratulations, Ripple dumped billions worth of XRP to pay for this. oh noes! I made 11x thanks to Ripple, im so worried /s >This has no impact on XRP value accrual, but go off King. RLUSD doesnt function on the XRPL without XRP. keep announcing to everyone how much you dont understand lol https://old.reddit.com/r/CryptoCurrency/comments/1jexp0n/ripples_garlinghouse_says_sec_dropped_landmark/miqeczk/?context=3
Congratulations, Ripple dumped billions worth of XRP to pay for this. >Hidden Road will be using XRPL for clearing a portion of trades, and most consequentially, using RLUSD as collateral across its prime brokerage services Using XRPL for a "portion of trades". What this means is less than 1% will flow through XRPL while using RLUSD as collateral. This has no impact on XRP value accrual. But go off King.
What is XRP going to be used for in this deal other than to pay gas fees? The sources you linked don’t mention anything about the XRP token. All that will be used is RLUSD according to your sources.
Yeah, RLUSD requires XRP... for gas fees... Which are... almost non-existent. The fact that you guys are okay with this while the promise was using XRP as liquidity is just sad
God it's so sad the level of intelligence some of you have. Number 1 RLUSD REQUIRES XRP Number two, Ripple and Brad made it VERY CLEAR "Hidden Road to migrate post-trade activity across XRP Ledger (XRPL) demonstrating its potential as the go-to blockchain for institutional decentralized finance (DeFi)" 3 trillion a year on XRPL https://x.com/bgarlinghouse/status/1909578606914810367?t=-DTKZHfSBypVzkuNHDLoxA&s=19
Yeah that's what the article said they will acquire the business of 300 institutions based solely on the fact that RLUSD is used. NOT XRP!!! 🤡
tldr; Ripple announced it will acquire multi-asset prime broker Hidden Road for $1.25 billion, marking one of the largest crypto company acquisitions this year. Hidden Road clears $3 trillion annually and serves over 300 institutional clients. The deal will enable Hidden Road to expand globally using Ripple's resources and make Ripple the only crypto firm to own a global multi-asset prime broker. Additionally, the acquisition enhances the utility of Ripple's stablecoin RLUSD, which Hidden Road uses as collateral for its brokerage products. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
And so it begins. XRP holders are exit liquidity and RLUSD was the plan all along.
tldr; Ripple has agreed to acquire prime brokerage firm Hidden Road for $1.25 billion, marking its largest acquisition to date and one of the biggest deals in the digital asset space. Hidden Road, founded in 2018, provides clearing, financing, and brokerage services across various markets and serves over 300 institutional clients. The deal will enable Hidden Road to use Ripple's RLUSD stablecoin as collateral for its products. The acquisition is subject to regulatory approval and is expected to close by Q3 2025. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Flare isn't even outshining chainlink on XRPL. Chainlink provide data for RLUSD Chainlink provide data for WhiteRock.
It’s like picking a bank - same deal, different vibes. Tether’s kinda shady, USDC’s more legit, RLUSD’s just another player. End of the day, it’s all about who you trust more
Not overthinking at all, stablecoins have different trade-offs, some prioritize decentralization (DAI), others liquidity (USDC), and some offer native yield (RLUSD, sDAI). It’s less about redundancy and more about choice. Personally, I use Spark to earn 4.5% on stablecoins while staying liquid.
RLUSD Ripple's stable coin is legit. 💯🐝🚀
XRP drives ripple. Along with RLUSD stable coin. EFTs coming along with SEC dropping it's case. They are coming in droves. It's happening as we speak. Be smarter and do your own research.
Banks will not use XRP. The wealthy aren't stupid enough to hold an asset where a single entity controls 44% of the supply. Banks will use XRPL and RLUSD, but they will never use XRP itself. At least not until Ripples share falls dramatically. All the supporters of XRP are doing is acting as liquidity for Ripple to fund their anti-freedom projects. Also are you really that morally bankrupt? There are hundreds of other better Crypto's you can make more money on. Do you really need to support the one anti-freedom crypto?
There is also the ability to tokenize things like BTC though, and RLUSD works on ETH and LINK XRPL as well - they have money transfer licenses globally, 1700 NDAs, and are actively working to bridge in more ways than just currency-to-currency - they are working towards providing rails that can be adopted and integrated with existing banks / companies and already have so many major connections and partners - OP referenced gas fees on ETH… but the fees on XRP are cents or pennies for millions of $$$ transfered - also… ISO 20022 is a messaging protocol - already here... People might very likely transfer money or other cryptos through their bank over the XRPL and never even know… they only know its faster and cheaper than before
In my view, a bull run isn't just a pump upwards section of the chart. Bullrun is tied to growth but also has phases, it will have ups and downs. The reason why I don't think it is over has two parts; one is that we have seen many tech upgrades and adoption increases on many blockchains and a very solid increase in institutional involvement but the price appreciation isn't reflecting it, it is more about the hype. Second is the political angle where we see a positive vector towards regulation, and this is directly fueling the pump but also is fueling investments into developments. What we've seen is a pure speculative pump in my opinion, for those who want to just make money quickly, but we are yet to see that solid price appreciation that would come from serious long-term investors on the institutional level where holding amounts of tokens will build a foundation in future operations. I think what everyone is waiting for is Real World Assets on blockchain. People are waiting for the moment when stocks, bonds, real estate, tickets, and even IDs are all tokenized. Most people and institutions are still not strong enough to build momentum. So I suppose the answer to your question would be that the bull run is not over because the momentum seems to be coming from the anticipation of something else. And this is rooted in the political and regulatory angle of the whole story. We'll see... it may deflate actually and then pump even more if something expected or unexpected happens, like major adoption, like international trading done on RLUSD or something similar.
It will most likely run up between $5-$10 and could even see close to $20, but yeah it's not going to ever be worth $100 per. Also, feels like people don't understand that institutions want to use the stable coin, RLUSD.
RLUSD works on XRPL, almost feeless
XRP SOL ADA and ETH seem like they will all be used in a digital stockpile… AT this point they don’t even plan to buy any BTC unless they can do it in a taxpayer neutral way… XRP has a built up so many amazing business connections (over 1700 NDAs) and is seeing more and more adoption in the financial system… it’s very fast, very cheap… and while I do really like it there is defintely a lot of misinformation that gets put out there… one reason XRP is so useful is that banks / institutions can move money very quickly at very low cost, but as the transition is so fast and the buy / sell demand remains close the actual price doesn’t fluctuate much even on huge transfers - fluctuations are eaten away by arbitrage … people also treat tokenisation as if it is the same as buying the full value of the tokenized item in XRP, pushing up the price… but that is not how it works… Tokenized assets just use the blockchain for tracking & settlement, not necessarily increasing demand for XRP…. So yes I see a lot of adoption coming but not crazy prices…. I sent money to a friend overseas recently… using tradfi was slow (days) and I got charged a fat fee to do it as well… sending via XRP would have taken seconds, and the network fees would have been less than a cent / penny … XRP also becomes even stronger when paired with RLUSD :)
You are wrong - XRP is not controlled by Ripple - they are just the biggest holder; they only control 1 of the validators, and have had proposals rejected from being adopted across the XRPL… they control RLUSD and have a vested interest in XRP but they have no more control over it than any validator on the network. There is also the escrow mechanic keeping them from dumping on the market - it’s in their interest to keep trading and overall they have added a lot of value and engaged with institutions etc - there is no escrow mechanic keeping BTC whales, miners, or countries like China / Russia dumping on the market because of geopolitics though! BTC has Satoshi who could dump 1m on the market if he wanted to… others like microstrategy are slowly taking control of more and more of the supply as well One reason the reserves / digital stockpiles are being built from seized / forfeited assets is that it can be done without congress - There is some irony in people claiming BTC is less centralized, and can’t be taken vs other decentralized cryptos like XRP… Bitcoin maxis: Bitcoin is the only decentralised crypto; your Bitcoin can’t be taken away like nasty fiat money… US Government: We will make a Reserve from the bitcoin we took away from people
It doesn't matter. Bank of America already uses XRPL. So it’s either RLUSD or their own version. Either way, the money will be moved onto the ledger which is positive for XRP
tldr; BDACS, a leading digital asset custody firm in South Korea, has partnered with Ripple to provide institutional-grade custody services for XRP, RLUSD, and other crypto assets. This collaboration aligns with South Korea's regulatory roadmap for digital assets and aims to support the XRP Ledger ecosystem, expand RLUSD stablecoin usability, and enhance institutional custody infrastructure. Ripple Custody will be utilized to ensure secure storage and management of digital assets, addressing the growing demand for tokenization and digital asset services in the region. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
And it’ll be up again after an EO, it’ll be up again after the SEC officially drops the lawsuit, it’ll be up again when the reserve starts, it’ll be up again after forced RLUSD adoption by threat, it’ll be up again for a lot of reasons. And through all those ups, are you just going to hold your nose to the profit. I won’t, because I bought in at .25
> Smart contracts will run... There're plenty of established networks offering scs already, and xrp ads nothing in this regard, even if it ships. > RLUSD > It won’t be Tether 1. Pitting RLUSD against USDT is a bit... delusional. USDT is #4 in mcap, while RLUSD is# 470. 2. Bear in mind that 1000s new stablecoins are launching next year, potentially diluting RLUSD's position even further.
Smart contracts will run on the XRPL. RLUSD uses XRP for both collateral and bridging. Guess we’ll see. It won’t be Tether, what’s your guess?
Woah there cowboy… did I say Ripple created ISO20022 or that it’s a product of? NO. I said that I found XRP through coming across documents on it. I also did NOT say “that all banks need to fulfil XRPs ISO..” so I’ve no idea which hole you plucked that out of, presumably your arsehole. HOWEVER, Ripple “was one of the first members of the Registration Management Group” (for ISO20022) the ISO Is the new standard for payment messaging and has far more data than SWIFT which is why swift is working within the ecosystem rather against it. Have you even looked at the original ecosystem? Didn’t see Ripple, XRP mentioned at all? I doubt it because you’ve shown your reading comprehension to be trash. Did Ripple help with the digital Euro? Did Ripple help with proof of concept for the BoE? What of SBI holdings? What are Brazil and Portugal upto? Palau? Montenegro? You think no one is using Xrapid? have you taken a moment to consider that on boarding a bank to a brand new technology might first require small steps, tests etc? They aren’t jumping in off the cuff. You set up relationships, build on them and introduce new products like RLUSD ;) Thanks for wasting everyone’s time whom had the misfortune to “read” your angry codswallop. Don’t bother replying, thanks for the laugh though. Give your head a wobble. You come across as very angry. Poor you.
I was under the impression that the XRP token wasn't mined - and now I'm seeing XRPL & RLUSD Damned confusing
They do use RLUSD, it's the stablecoin to support XRP by helping it burn faster over time because transactions using RLUSD burn XRP
…I have the same question too…. I’m just trying to wrap my head around why anyone would want a bridge currency that is as volatile as XRP. Wouldn’t a stablecoin like RLUSD using XRPL be safer to use as a bridge? Would banks buy and hold large amounts of XRP and use them as a bridge currency as needed for their customers when the value of XRP increase? Or would they buy XRP at market and send to the receiving wallet for each transaction? I’m so confused on how XRP would be useful as a bridge currency.
LOL. You're spouting buzzwords you do not understand. An interoperability protocol **is in the middle** (thus, the generic middleware description) of two or more protocols. That's literally the definition. Additionally, telling me I'm wrong is hilarious considering this is a precise quote from the CCIP Docs provided by Chainlink. >Chainlink CCIP is a blockchain interoperability protocol that enables developers to build secure applications that can transfer tokens, messages (data), or both tokens and messages across chains. [https://docs.chain.link/ccip](https://docs.chain.link/ccip) What you don't get is that Chainlink does not offer a native network. So, CCIP is not a direct competitor to any blockchain network. Chainlink offers services that dapp developers on blockchain networks can leverage, and CCIP is one of those services. This is why Ripple (XRP), like many other native networks, is partnering with Chainlink to use CCIP. >Although a correction followed, XRP broke out last week, coinciding with the positive [Ripple announcement](https://x.com/Ripple/status/1876618313943470412) of a partnership with Chainlink to use its CCIP for the RLUSD stablecoin. https://www.ccn.com/analysis/crypto/xrp-price-strong-correction-pattern-breakout/#:\~:text=Although%20a%20correction%20followed%2C%20XRP,CCIP%20for%20the%20RLUSD%20stablecoin. You're doing the right thing by trying to look at the fundamental of the various tokens and networks, but you clearly still have a way to go before you start taking such confident positions.
Additionally, have this o3 analysis too: Below is a comprehensive, updated analysis of XRP’s price outlook, broken down into short-term, mid-term, and long-term perspectives as of February 15, 2025. Short-Term Outlook (0–3 Months) Price Action & Technical Signals: • Current Price & Key Levels: XRP is trading at approximately $2.80, with immediate support around $2.60 and resistance near $3.00. A sustained move above $3.00 could set the stage for further gains, while a dip below $2.60 may trigger short-term bearish sentiment. • Technical Indicators: • The MACD currently shows bullish momentum, with the MACD line above its signal line. • The RSI is approaching overbought territory, signaling caution; this suggests that while upward momentum exists, a minor pullback or consolidation is possible in the near term. • Market Sentiment: • Favorable political developments—such as the election of President Trump and a crypto-friendly SEC—have provided a boost, helping to maintain optimistic short-term sentiment. • News of an XRP ETF application has attracted both retail and institutional interest, adding upward pressure on the price. Short-Term Forecast: Given the current technical backdrop and positive sentiment, XRP is likely to test the $3.00 resistance level in the coming weeks. However, the overbought conditions hint at potential corrective pauses or consolidation before any sustained breakout occurs. Mid-Term Outlook (3–12 Months) Fundamental Drivers & Adoption: • Institutional Adoption & Partnerships: • Ripple’s growing network of partnerships, especially with key financial institutions in Japan and beyond, is expected to drive transaction volume and network usage. • Increased integration into global payment platforms could enhance XRP’s utility as a bridge currency. • Regulatory Environment: • The current crypto-friendly stance of the SEC and the broader U.S. administration supports a more accommodating regulatory landscape. If the XRP ETF gains traction and any legal uncertainties are resolved favorably, market confidence will likely rise. • Technological Enhancements: • Ongoing improvements to the XRP Ledger, including its support for smart contracts and decentralized applications, will widen its potential use cases beyond cross-border payments. Mid-Term Price Projection: With these supportive factors, many analysts project a mid-term price range of $4.50 to $5.50. This projection rests on sustained institutional interest and the successful rollout of new products (like the RLUSD stablecoin) that further integrate XRP into the broader digital payments ecosystem. Long-Term Outlook (1+ Years) Growth Potential & Industry Impact: • Market Disruption: • XRP’s core proposition—to offer fast, low-cost international transactions—positions it to potentially disrupt traditional banking systems if adoption continues to grow. • Long-term success will depend on its ability to maintain and expand its network effects, as well as navigate ongoing global regulatory challenges. • Innovation & Ecosystem Expansion: • Ripple’s continued innovation (including stablecoin integration and possible further use-case expansions) may broaden XRP’s appeal beyond mere remittances. • As decentralized finance (DeFi) and smart contract functionality become more prevalent on the XRP Ledger, the ecosystem could see exponential growth. • Regulatory Clarity: • A resolution to the longstanding SEC lawsuit—and broader regulatory clarity—will be a critical catalyst. Positive outcomes could unlock further institutional investment and mainstream adoption. Long-Term Price Projection: In a scenario where XRP capitalizes on its technological strengths, overcomes regulatory hurdles, and leverages global partnerships, a long-term price target in the $7 to $10 range is plausible. However, investors should remain aware of potential risks from market competition, unforeseen regulatory changes, and broader economic conditions that could impact cryptocurrency markets. Balanced Conclusion XRP stands out due to its unique utility as a bridge currency and its robust underlying technology. In the short term, technical indicators and supportive news point to a near-term rally toward the $3.00 mark, albeit with potential volatility. Over the mid term, institutional adoption, technological upgrades, and regulatory clarity may help drive prices into the mid-single digits. Long term, if XRP successfully navigates its legal challenges and further integrates into global payment infrastructures, it could well see significant appreciation, potentially reaching $7–$10 or more. Investors should weigh these positive drivers against inherent risks such as market volatility, legal uncertainties, and competitive pressures. A diversified approach, staying informed on both technical and fundamental developments, is advisable when considering XRP as part of a broader portfolio strategy.
OP is disingenuous. Here is the proper deeper analysis: As of February 15, 2025, XRP is trading at $2.80, reflecting a 0.033% increase from the previous close. 1. Price Trend Analysis: • Historical Price Data and Chart Patterns: XRP has experienced significant volatility over the past year. Notably, it reached an all-time high of $3.40 on January 16, 2025, before retracing to its current level. The recent price surge can be attributed to favorable political developments and market sentiment.  • Technical Indicators: The Relative Strength Index (RSI) indicates that XRP is approaching overbought territory, suggesting potential for a price correction. The Moving Average Convergence Divergence (MACD) shows bullish momentum, with the MACD line above the signal line. Short-term moving averages have crossed above long-term averages, reinforcing the bullish trend. • Support and Resistance Levels: Immediate support is identified at $2.60, with resistance around $3.00. A break above the resistance could signal further upward movement, while a drop below support may indicate a bearish reversal. • Market Sentiment and News: The recent election of President Donald Trump has bolstered the cryptocurrency market, with expectations of a more favorable regulatory environment. Additionally, the SEC’s acknowledgment of an application to list an XRP exchange-traded fund (ETF) has fueled positive sentiment.  2. Utility Evaluation: • Functionality within Its Ecosystem: XRP serves as a bridge currency in Ripple’s payment protocol, facilitating quick and cost-effective cross-border transactions. It aims to provide liquidity on demand without the need for pre-funded nostro accounts. • Underlying Technology: XRP Ledger offers high scalability, processing up to 1,500 transactions per second with minimal fees. Its consensus algorithm ensures security and efficiency, making it suitable for financial institutions. • Support for Network Functions: While primarily designed for payments, XRP also supports functionalities like smart contracts and decentralized applications through the XRP Ledger, expanding its use cases beyond remittances. • Comparison to Competitors: Compared to other cryptocurrencies like Bitcoin and Ethereum, XRP offers faster transaction speeds and lower costs. However, concerns about centralization and regulatory challenges have been points of contention.  3. Adoption Assessment: • User and Developer Engagement: XRP has a robust community with active development on the XRP Ledger. Transaction volumes have increased, indicating growing usage. • Partnerships and Institutional Interest: Ripple has established partnerships with various financial institutions globally. Notably, Japanese banks are set to fully adopt XRP for remittances and currency conversions, potentially setting a precedent for other countries.  • Integration with Platforms: XRP is listed on major cryptocurrency exchanges and integrated into various payment platforms, enhancing its accessibility and utility. • Regulatory Influences: The anticipated crypto-friendly stance of the new U.S. administration may positively impact XRP’s adoption. However, ongoing legal challenges, such as the SEC lawsuit alleging XRP as an unregistered security, continue to pose risks.  4. Use Case Analysis: • Real-World Applications: XRP aims to revolutionize cross-border payments by providing a faster and more cost-effective alternative to traditional banking systems. Its use as a bridge currency addresses issues of liquidity and transaction delays. • Sustainability and Innovation: The introduction of RLUSD, a stablecoin pegged to the U.S. dollar, showcases Ripple’s commitment to innovation and expanding XRP’s use cases.  • Industry Role and Disruption Potential: By streamlining international payments, XRP has the potential to disrupt traditional financial systems, offering a decentralized solution that reduces reliance on intermediaries. • Scalability and Implementation Barriers: While technologically capable, XRP’s broader implementation faces challenges, including regulatory hurdles and competition from other digital assets. 5. Growth/Decline Forecast: • Short-Term Forecast: Given the current bullish momentum and favorable news, XRP may test the $3.00 resistance level in the near term. However, overbought technical indicators suggest caution. • Long-Term Forecast: Analysts have mixed views. Some predict XRP could reach $5 to $7 in the first half of 2025, driven by increased adoption and regulatory clarity. Others remain cautious, citing potential legal challenges and market volatility.  • Key Catalysts and Risks: Positive regulatory developments, institutional adoption, and technological advancements could drive growth. Conversely, unfavorable legal outcomes and market competition pose significant risks. 6. Balanced Conclusion: XRP presents a compelling proposition in the cryptocurrency space, offering technological advantages in transaction speed and cost. Recent political and regulatory developments have enhanced its market position, leading to optimistic short-term projections. However, potential investors should remain cognizant of ongoing legal challenges and market volatility. A balanced approach, weighing potential benefits against associated risks, is advisable when considering XRP as part of a diversified investment portfolio.
Transferring RWAs (Real World Assets) and putting them on XRP Ledger one industryat a time . ✅️ Using XRP as a medium between financial institutions all around the globe with aprox $0.005~ dollars per transaction cost and ✨️ in mere seconds. ✅️💯 Let you do some research on RLUSD yourself 💯🌠☄️ How fast is bitcoin and how much transaction fee it requires again?? 🤔
You’re using articles that are SEVEN YEARS OLD!?Lol! Do you recall banks ever being transparent? Times have changed a lot since then. As you enjoy living in the past so much, which don’t you check out which banks were early investors in Ripple. You forgot to mention RLUSD that uses XRP for both collateral and bridging. You fail to realise that onboarding institutions using Xrapid establishes a working relationship, builds trust, enhances the velocity of money and increases chances of those institutions becoming more dynamic as they move fully in to the digital space. Oh yeah can’t forget XRP being the ONLY crypto asset in the US with total clarity. “XRP is NOT in and of itself a security” Try harder.
You’re only up because of hype and people believing the same thing you do. Thought banks were only using RLUSD anyway??
>Why would governments not just use CDBC instead of XRP Most Xerpies are stuck in 2017 before stable coins and the possibility of CBDCS. Thats why they still parrot that narrative. Youre right though, once banks discovered they could use any tokenized asset (stable coim, RWA, bonds) in a transaction, Ripple was dead in the water. Hence why RLUSD exists now.
First of all, retail is not the target, institutions are, and they are working "top-down". This also means institutional adoption (if any, to stay objective) will happen first. Also, random regular person will never know XRP is being used even if it is, because someone will simply be "sending some money to my grandson" and thinking "Yeah, I sent USD, they got USD, that's it." While, in reality (and **this is only one example** cause XRPL won't be the only thing used in the world, lol) it's more like: 1) Avg Joe initiates USD transfer 2) Bank "takes" the USD, and sends the equivalent in some stablecoin (i.e. RLUSD) to the bank where the grandson has an account. 3) RLUSD is sent over XRPL, meaning XRP is bought in the same counter-value (or lent), sent to that bank, where it's automatically "transformed" back into RLUSD, all in the background. 4) Grandson receives USD. Not this is (over?)simplified, parts might not be 100% correct but you get the point. TL;DR: Even if it's used, it'll be in the background, so the "average Joe" will never know it's used.
Opportunity to do XXX. XRP, XLM, and XYO for Tesla spatial. Plus DOGE and USDC or RLUSD.
It’s an international bridge currency that allows cross border payments in a matter of seconds with very small fees. The system in place now has huge costs and requires banks to keep different currencies in stock for transfers. Once it is widely adopted by banks along with RLUSD stablecoins, it will revolutionize global payment systems. This has been in the works for the better part of a decade and many things are falling in to place finally. Don’t let the naysayers fool you saying this has no utility and is just your average shit coin meme. They just haven’t done their research.
tldr; Ripple’s XRP Ledger decentralized exchange (DEX) has processed over $1 billion in cryptocurrency swaps since its 2024 launch, with $400 million in January alone, averaging $17 million daily, according to Ripple CEO Brad Garlinghouse. He highlighted the platform’s growth as a key milestone for Ripple, alongside the RLUSD stablecoin and efforts to secure regulatory approval for XRP-based ETFs. The SEC has approved Bitcoin and Ether ETFs, but XRP ETF applications remain pending. Ripple focuses on enterprise blockchain applications, with the XRP Ledger supporting a decentralized exchange and automated market maker. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Exchanges should really get their asses in gear and use RLUSD. High conversion/transfer fees and extremely long wait times will be a thing of the past.
As far as I understand it, When it comes to transactions, the idea is banks can save a ton of money off heavy fees and a lot of time on slow transfers - small banks pay bigger banks a lot of money to do transfers, and the bigger banks have large amounts of foreign currencies so they can facilitate the exchanges… (sometimes transfers might require a chain of currencies etc.) but if banks can use XRP they can have XRP instead of many other currencies in reserve, so there is value in them holding it for liquidity - they will still charge fees and make money, but they can be more competitive with lower costs and faster transfers… (on demand liquidity) But XRP also has many other features, like tokenisation or the ability for organisations to build their stablecoin/token and move it via XRP… Remember dial-up internet? Slow, limited, expensive…. On the efficiency front, No mining is a big perk… I only realised recently that once all Bitcoin is mined, it will still require mining to move (mining is currently using close to the power the entirety of Argentina or Sweeden use) … once miners are not getting rewarded with new Bitcoin, fees might increase drastically to make it feasible Here is a list of perks : Speed & Efficiency - 3-5 second transactions Low Fees – Fractions of a cent per transaction Scalability – 1,500+ TPS, with potential for 65,000 TPS Energy Efficiency – No mining, 99% less energy use than BTC On-Demand Liquidity (ODL) – Instant cross-border payments Tokenisation – Supports real-world asset (RWA) tokenisation Decentralisation – Increasing validator diversity Regulatory Clarity – ruled not a security by a federal judge... They have a ton of financial licenses as well to partner and utilise with companies all over the world Adoption & Partnerships – Used by banks and institutions (financial rails rather than rivals) Instant Payments / Micropayments Stablecoin Issuance – XRPL supports native stablecoins Anti-Spam Mechanism – XRP fees prevent network spam Multi-Currency Support – XRPL’s built-in decentralised exchange (DEX) XRP is also deflationary, so more cannot be printed… (unlike ETH / SOL / USD) … when XRP is burnt in a transfer, it is lost - the fee doesn’t go to ripple. It is just burnt By getting in earlier, there is more potential for high-percentage growth…. Market cycles are still likely to affect prices/sentiment… but there is more volatility. Once something is a sure investment, its biggest potential can be lost… So why XRP? Ripple has been building connections and networks with companies/institutions for over a decade and is coordinating with many of the most prominent players out there - they are actively working with other crypto projects as well (like ONDO and HBAR) … I like the collaborative mentality - Ripples RLUSD is backed by more than 100%, and they share monthly audits. They have identified that to work with finance, they need to regulate to the highest level. Their vision is very big, and it will be interesting to see where the future takes this…
As far as I understand it, When it comes to transactions, the idea is banks can save a ton of money off heavy fees and a lot of time on slow transfers - small banks pay bigger banks a lot of money to do transfers, and the bigger banks have large amounts of foreign currencies so they can facilitate the exchanges… (sometimes transfers might require a chain of currencies etc.) but if banks can use XRP they can have XRP instead of many other currencies in reserve, so there is value in them holding it for liquidity - they will still charge fees and make money, but they can be more competitive with lower costs and faster transfers… (on demand liquidity) But XRP also has many other features, like tokenisation or the ability for organisations to build their stablecoin/token and move it via XRP… Remember dial-up internet? Slow, limited, expensive…. On the efficiency front, No mining is a big perk… I only realised recently that once all Bitcoin is mined, it will still require mining to move (mining is currently using close to the power the entirety of Argentina or Sweeden use) … once miners are not getting rewarded with new Bitcoin, fees might increase drastically to make it feasible Here is a list of perks : Speed & Efficiency - 3-5 second transactions Low Fees – Fractions of a cent per transaction Scalability – 1,500+ TPS, with potential for 65,000 TPS Energy Efficiency – No mining, 99% less energy use than BTC On-Demand Liquidity (ODL) – Instant cross-border payments Tokenisation – Supports real-world asset (RWA) tokenisation Decentralisation – Increasing validator diversity Regulatory Clarity – ruled not a security by a federal judge... They have a ton of financial licenses as well to partner and utilise with companies all over the world Adoption & Partnerships – Used by banks and institutions (financial rails rather than rivals) Instant Payments / Micropayments Stablecoin Issuance – XRPL supports native stablecoins Anti-Spam Mechanism – XRP fees prevent network spam Multi-Currency Support – XRPL’s built-in decentralised exchange (DEX) XRP is also deflationary, so more cannot be printed… (unlike ETH / SOL / USD) … when XRP is burnt in a transfer, it is lost - the fee doesn't go to ripple. It is just burnt By getting in earlier, there is more potential for high-percentage growth…. Market cycles are still likely to affect prices/sentiment… but there is more volatility. Once something is a sure investment, its biggest potential can be lost… So why XRP? Ripple has been building connections and networks with companies/institutions for over a decade and is coordinating with many of the most prominent players out there - they are actively working with other crypto projects as well (like ONDO and HBAR) … I like the collaborative mentality - Ripples RLUSD is backed by more than 100%, and they share monthly audits. They have identified that to work with finance, they need to regulate to the highest level. Their vision is very big, and it will be interesting to see where the future takes this…
And You dont just use RLUSD because?
Sure it is. USDC is already compliant, RLUSD isn't.
In this fórum you have a lot of xrp haters, so I don’t know if it’s the best subreddit to ask your questions about xrp. I think you will be beter asking chat Gpt or similar. But xrp is not the currency, it’s the system! For payments, the currency is RLUSD and xrp is for makung the transaction.
Centralised VC shit, RLUSD will be the way...
Tbh I would avoid USDT and potentially go with a different stable coin instead that meets the mica compliance like USDC or RLUSD… people are saying tether doesn’t have the reserves to back what they say they can and can’t pass an audit - could depeg - especially if it gets kicked out of the US
XRP was deemed not a security by a federal judge and the Howey test, lol, so you’re incorrect Nvidia stock shed 17% on Monday and erased $589 billion from its market cap, the worst single-day loss of market value ever Vast portions of the stock market are incredibly overvalued Why wasn't Tether brought down under Biden and the SEC? Tether has been kicked out of Europe, and many believe it doesn't have the funds backing what it says it does… a huge risk of debugging and crashing…, and whistleblowers have been talking about it for months/years… Meanwhile, Ripples RLUSD is more than 100% backed by USD and regulation compliant - with monthly audits, publicly available - Billionaires and lobbyists infect both sides (Otherwise, maybe you could have dealt with things like stricter gun control a little better) The US likes to see itself as the leader of the free world, but it is dismally behind on a lot of issues and is actively moving towards an authoritarian oligarchy - it seems like there are a lot of deep seeded issues to combat
Didn't see this, my bad. CBDC = Central Bank Digital Currency. This is a token that is programmed and managed by central banks. Programmable money. An inevitable reality, as much as some may dislike it. Not everyone has the ability to deal with the likes of crypto. RLUSD = Ripple Labs US Dollar. This is an L2 stablecoin primarily established on the XRPL and Ethereum networks. L2 just means that it does not exist on its own chain. It instead exists and operates on either the XRPL or Ethereum chains, using their respective native tokens (XRP and ETH) to fuel the transactions.
Have you not heard of RLUSD?
tldr; The XRP token experienced a 50% rally in January, outperforming Bitcoin and Ether. This surge is attributed to positive regulatory developments, including Ripple Labs receiving approval for its RLUSD stablecoin from the NYDFS and securing money transmitter licenses in Texas and New York. Technical patterns suggest a potential breakout above $4, with indicators like Bollinger Bands signaling an imminent move. However, traders should be cautious of a possible bull trap below $2.95, with $3 being a key support level. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; In Q4 2024, the XRP Ledger (XRPL) saw significant growth, with XRP's market cap increasing by 246% QoQ, surpassing BTC, ETH, and SOL. Ripple launched its USD-pegged stablecoin, RLUSD, and the XRPL Foundation was incorporated in France. The XRPL's native token, XRP, became the fourth largest crypto asset by market cap. The network's transaction fees are burned, adding deflationary pressure. The XRPL supports various assets and functionalities, including a DEX and AMM, but does not natively support smart contracts, though plans for their introduction were announced. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Yes, Tether is a scam. Backed by bitcoin, which is backed by Tether. The 2 trust worthy stablecoins are Circle’s USDC and Ripple’s RLUSD. Europe has figured out that if Tether ever gets audited to show their reserve assets it will show that it’s one big ponzi.
Another know it all 🤣 Think it's You who needs to do a whole Lot research on XRP XRP Ledge RLUSD and what's the other one? blanking out 👀🇺🇸🤣