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You clearly don’t understand how any of this works. The Genius Act applies to stablecoins, not XRP. XRP is a utility token, not a stablecoin, and it’s the native gas that powers the XRP Ledger. Ripple’s new stablecoin (RLUSD) is launching on XRP Ledger, which means XRP is still needed to move it, pay fees, and route liquidity. XRP isn’t being replaced. It’s already used today by SBI Remit, Tranglo, and Coins.ph for real cross-border payments. No hype, just real usage. Calling XRP a meme coin while ignoring its live financial corridors is pure cope. The real memes are the ones with dog logos. XRP is solving real problems. You’re just loud on Reddit. Do you not know what L1 native gas tokens are? $SOL is not Solana Network and $ETH is not Ethereum they're SEPARATE. They're GAS tokens which fuels the entire blockchain. It's the electricity that powers your entire House. NOTHING runs WITHOUT the gas token. Anything that goes on the XRP ledger will REQUIRE the use of the $XRP gas token. This is what LAYER1 is it's not an APPLICATION token it's the GAS. Native gas tokens are historically known to mint new millionaires. If $SOL and $BTC were application tokens the price wouldn't be where it is today.
😂😂😂 You posted pure emotion, not facts. XRP isn’t a scam. It’s the gas for a real blockchain used by SBI, Tranglo, and others. Courts ruled it’s not a security. Ripple sells XRP transparently and uses it to build products like RLUSD and acquire partners like Metaco. That helps XRP’s utility, not just shareholders. XRP isn’t stock just like ETH or SOL. You don’t get equity, you get access to a real network. Comparing XRP to a Disney cup is just lazy. If XRP were a scam, it wouldn’t be powering real payment corridors in Asia while most of crypto is still figuring out what they even do. And yeah i’m up nearly 400% on XRP since July 2024, going from about $0.51 to $2.50 today. If people listened to your Bitcoin FUD, they would’ve missed that too. How much are you up on Mr BTC? 😂 Satoshi warned exactly about what's happening to Bitcoin: centralization, regulation, and control. XRP's closer to his vision than BTC is now.
This is just nonsense. XRP isn’t some meme coin. It’s literally being used right now by SBI Remit, Tranglo, and Coins.ph for real cross border payments. That’s actual on-chain utility, not speculation. It’s the native gas token for the XRP Ledger. Every transaction runs on XRP. That’s how a real Layer 1 works. You’re mad it’s not stock? ETH isn’t stock either. Nobody complains when Ethereum builds. Ripple didn’t dump and disappear. They disclose sales, return XRP to escrow, and use those funds to build infrastructure that supports XRP adoption. RLUSD, Metaco, Hidden Road those aren’t distractions, they’re building blocks. You're confusing Ripple with XRP. You’re holding the token that powers a real-time payment network. It’s doing more than most of this space combined. Stay salty.
XRP is a bank-themed meme coin being sold to crypto uncles and dentists who think they're betting on some kind of "banks + blockchain" thesis. Ripple sells you their zero-cost XRP takes your cash, and uses your money to either buy back Ripple stock, acquire companies like Hidden Road, or launch services like RLUSD for payments. All of these profits are solely internalized to Ripple Labs shareholders. Nothing goes to XRP holders (beyond microscopic burn on XRPL). In fact, 99% of the money Ripple Labs has comes from token sales; so it's even worse than just not sharing profits with you if they were actually generating revenue from their protocol being adopted. They dump on you and* don't share with you any of the things *YOU* capitalized for them.
You’re seriously underrating XRP because of Bitcoin cult blindness. Let’s check THE FACTS first, not Reddit hype: RippleNet has 300+ financial partners in 45 countries, and 40% of them use XRP for On-Demand Liquidity. ODL volume topped over $15 billion in 2024, up 32% from 2023 Tranglo is not just a message-passing stunt. Ripple acquired 40% in March 2021 to power XRP-based ODL across Southeast Asia. In 2022 alone, Tranglo processed $970 million in ODL, up from $53 million in 2021. That’s real usage, not marketing fluff XRPL on-chain is booming. Over 4.8 million funded wallets and 50,000 to 70,000 active wallets daily, up 25 percent year over year. On-chain transactions hit up to 251 million in Q1 2024, up 108 percent quarter over quarter. DEX volume rose 18 percent, and average fees dropped 45 percent Stablecoins and real-world assets are pouring into the XRPL. USDC, XSGD, EUROP, and RLUSD are live. $500 million RLUSD was minted in Q2 2025. Tokenized money market funds are launching. Large AMM pools are active, and AMM clawback features for compliance are enabled XRPL has processed over 2.8 billion cumulative on-chain transactions and is gaining traction with institutions exploring tokenization at scale Bottom line: XRP isn’t parked in wallets. It is powering massive, real-world, institutional and OTC flows. There are no bottlenecks. XRPL is alive, growing, scalable, compliant, and increasingly institutional. So yeah, next time you say "they don’t use XRP," you’ll sound like a Bitcoin shill who ignored $15 billion in ODL volume, nearly $1 billion in stablecoin minting, major tokenized fund launches, and explosive wallet and transaction growth. Reality check first. These are literally my factual notes. I do my due diligence..You're speaking to win an argument to favor an old tech like your obsessed with some rookie card hoping it makes you rich someday 😂
>Banks around the world are not going to send USDC by the billions of dollars. I know, banks will send their own issues stables. >You don't know how the XRP/ripple system works. [I do.](https://ripple.com/ripple-press/ripple-selects-bny-to-custody-ripple-usd-reserves/) "RLUSD has been purpose-built for enterprise utility, particularly in improving the speed, cost and efficiency of cross-border payments." >swift which takes many days and costs a ton. Once again, Swift is not going to roll over. They have adapted to use blockchain with their existing legacy systems. Do you guys even read what theyre doing? I sent you 3 links in the first post that you seem to ignore. >The token XRP would be used to pay for gas fees Thats all it is. A gas token. If it wasnt, they wouldnt have said this about RLUSD. ""RLUSD has been purpose-built for enterprise utility, particularly in improving the speed, cost and efficiency of cross-border payments." Why make the distinction, if they do the same thing? >It would be nice if less people on Reddit felt that their lack of understanding equals a problem with the theory. Ironic, considering you dont know what Swift is or how they operate. Why are you ignoring Swifts blockchain research?
Yep, Ripple and RLUSD are tearing it up. Ripple has a very bright future, XRP not so much. They could develop some new use cases that couldn't be usurped by RLUSD, but that doesn't seem to be a priority.
Yep Tether left Europe because it couldn’t pass an audit - it will fall short of Genius as well… RLUSD and USDC are both way more transparent
Game over. You said institutions want “nothing to do” with the public XRPL yet Dubai just tapped it to tokenize **$16 BILLION** in real estate, fully on-chain. You claimed it’s only about Ripple Labs remittance software yet **Ondo Finance**, a major RWA player, *chose the public XRPL* to bring tokenized U.S. Treasuries on-chain via **RLUSD**, Ripple’s new stablecoin. And now Ripple’s acquisition of **Hidden Road**, which is a prime broker means XRPL is being hardwired directly into institutional finance. XRP is becoming it's own BANK! 😂 You’re arguing based on the past. The world’s moving forward. XRPL isn’t just surviving it’s quietly becoming the backbone of global tokenization. The facts don’t care how emotional you are about Bitcoin. XRP Ledger is winning. Publicly. XRPL is a scaling!!!
Youre actually thinking of XRP as a bridge currency. Thats why they created RLUSD.
RLUSD is a stablecoin. I mean a token people go to xrp chain to buy obviously. $200m is a minuscule portion of RWA market and of course amounts planned/announed are 10x what actually goes through you can check stats by chain here: app.rwa.xyz
Without even looking I already knew RLUSD was in the top 400 (#112) so your facts have holes - In June they passed 7.1 million wallets, with a new high of 295k daily active wallets (and growth to over 2700 wallets with 1m+ XRP) “On June 15, the network processed over 5.1 million transactions in a single day.” Just in the last 8 hours “Digital asset platform Mercado Bitcoin plans to tokenize more than $200 million in permissioned real-world assets (RWAs) on the XRP Ledger (XRPL).” The second tokenised Dubai property sold via PRYPCO on the XRPL went in under 2 minutes between 149 investors from 35 countries Sounds like more than ‘zero adoption’ and far more utility than a meme 🤔 Do you think all of the memes / pumpfun really add a ton of value for SOL? When I had SOL I found it very hard to find any information about SOL itself because it was drowned out behind everyone shilling memes, or complaining about snipers / bots / presales / telegram scams / phantom hacks : SOL pumped hard with XRP around the time of the election, but XRP has held onto those gains far better despite all the metrics you used being stronger for SOL? (Ie. #2 TVL) ETH is #1 but is down 22.1% over the last year
Still said a meme, and there is some adoption through Vivofit wellsgisitics wibus, and then adoption via acquisitions with ripple acquiring metaco / hidden road / money transfer licenses and now applying to get banking licenses as well - stablecoins running on the XRPL too, RLUSD EUROP USDB XSGD, and USDC available on XRPL now as well - all seems adoption related
USDT is sketchy… don’t trust your money in it… it couldn’t meet the requirements for MiCa so isn't up to standard in Europe… far better off with USDC or RLUSD… both Ripple and Circle have filed for banking licenses as well now… I sold all my SOL when the Trump coin launched - turned out to be the top for SOL, now its back at November levels - XRP has been the top performer since the election
“Direct Access to U.S. Payment Systems A U.S. banking license would give Ripple: • Direct connectivity to the Fedwire, ACH, and SWIFT networks → Ripple can move RLUSD and fiat seamlessly. • Ability to hold deposits, issue loans, and clear payments in-house → not reliant on third-party correspondent banks.” This will translate to a boon of volume and liquidity on XRPL. XRP will probably get a nice price boost from this if it pans out.
>They will approve the Federal Reserve Master Account access they are applying for here and RLUSD and XRP will be government certified like it has always been planned. They already partnered with literally everybody else. ABAA DTCC ISDA IMF BIS ECB the list goes on and on and on. This is completely false lol DTCC doesn't work with Ripple or use XRPL. [They use their own chain built on hyperledger Besu](https://www.dtcc.com/news/2025/april/02/dtcc-announces-new-platform-for-tokenized-real-time-collateral-management) and [chainlink CCIP to connect private chains together. ](https://www.dtcc.com/dtcc-connection/articles/2023/september/21/bringing-capital-markets-onchain-with-dtcc-and-chainlink)
Very interesting times ahead for Ripple, XRPL, and RLUSD. The EVM update alone was huge. Not long before it the AMM Pool one was as well. All these pieces falling into place. The level of access being built to interface with XRPL is crazy. Saw a crazy couple stats on the volume change after the EVM change went live. From double digit %’s to high 200’s. It’s already growing significantly not even a week after it went live. No telling what happens as it is allowed to thrive and institutional players start getting involved.
The problem with that, is that. RLUSD barely operates on the XRPL. The vast majority lives on Eth and has never even seen the XRPL. https://defillama.com/stablecoin/ripple-usd And even with he pitiful amount of RLUSD on the ledger, XRP is devalued to just a gas token. On a chain with no volume, or TVL. So relatively valueless.
You're talking only $100M it's peanuts...essentially needs stable coin volume - Can't have USDC because it's too technical to implement on a UTXO chain, Circle can't be arsed doing it. ( Plus they hate ADA as being a non VC funded chain and they don't like competition to their EVM account based shit chains. Anyway RLUSD coming soon which has better audit reports.
RLUSD isn't going to promote XRP's price. XRPL is a ghost chain and no one cares about txing it there, and even on Ethereum the demand for it is minimal. > all other coins other then bitcoin look like crap. Lol. Ripple is so irrelevant that even Circle refused to sell to it. Good luck holding to zero.
You’re incoherent, and I’m unemotional about my speculation. It’s clear you don’t understand the mechanics. Stable coins settle using XRP on the XRPL. That includes both RLUSD and USDC. Stable coins are just the on-ramp. Facts are facts and opinions are opinions. Sorry you missed out.
Nah, XRP was a stepping stone for Ripple to launch RLUSD (stablecoin). Retail XRP has become useless and has basically become a memecoin that will never go higher than $3-
No I understand it clearly. After no one adopted ripple net or ODL, they’re now pivoting to a smart contract platform, an EVM side chain. They realized this is what banks actually want, along with stablecoins, RLUSD. But they mint more on ETH anyways, literally today I believe
Essentially it has a low stablecoin mc because Circle don't want to implement the tech to integrate USDC to a UTXO chain- they only like account based models, anyway RLUSD will come soon. Cardano will be the de facto DeFi layer for BTC (Also a natural fit as it's also a UTXO) Check: https://bitvmx.org/ Cardano is fully DECENTRALISED with no VC backing unlike SOL and SUI ( a16z, Poly Market Capital, Multi Coin Capital,Jump Crypto, Coinbase Ventures etc...) Transaction volumes regularly surpass 100,000 - and don't include fake tx's like mev bots and voting tx's like SOL. Influencers are not part of Cardano, you must be thinking of that charlatan of Bitcoin, Saylor..😏
It’s ironic it got hate for being the bankers coin… but now BTC and others want to be the bankers coins as well and get that government / institutional and bank money - Ripple has an edge with all the money transfer licenses they have under their belt and RLUSD - original crypto investors were very anti bank anti gov anti tax crypto is the Wild West… but new investors don’t care about those ideals and as crypto blends with tradfi coins like XRP are well positioned to blend across the two
>Ive stated many times, I want XRPL to integrate CCIP, its just more traffic for chainlink. XRPL is agnostic even though it has an L1 oracle built in, any oracle can be used on the XRPL, any XRPL dev can use CCIP for their use case like how Band Protocol and DIA oracles are being used. >No bank is going to use XRP as a bridge currency What, except for the ones who are? >11k Banks are not going to undermine a system that they own. you must not understand how greed works then, of course they would if it meant they pay less and make more from a company whose VC and board members are a who’s who of respectability and success. >XRPLs only shot at adoption is through Defi when Tradfi connects. You posit as if the chain and coin are not being used, for anything. Such a misinformed take. >This is why they created their stablecoin No, it is because liquidity is the King of all markets, and if Tether can’t pass an audit for MiCA regulations RLUSD can and has, noone in the US or the EU is trying to be beholden to a Chinese coin. >and why they have a EVM chain in development. Ripple is developing an EVM chain because smart contracts on the main net makes zero sense, they don’t own or control the XRPL, they hold no patents pr trademarks of the XRPL or XRP, why would they want the XRPL to try to be everything on one chain when they can develop and control a side chain that offers greater main net security and broader use applications? >But the fact is, XRPL currently has no defi and theyre no where near as successful as their community makes them out to be. You are here on Reddit when the community is on another platform, go where the devs are and learn you don’t know what you don’t know. >This also explains why they used token sales to buy other companies that actually have a product Did you think Google was only a search engine for the last 25 years? Ripple offers an enterprise software suite, they have bought industry leaders in complimenting sectors so that they can offer a wider portfolio of solutions for their clients, they make moves and good ones, Ripple stock imo is undervalued.
I’ve only just learned about XRP ~1 month ago and I’m starting to understand bagholders’ disappointed sentiments who bought in 5+ years ago but I truly believe XRP has some real value and long-term potential. I hope this case study I’ve put together helps clarify my bullish pov. ——————————————— Case Study: XRP -Bank of Int’l Settlements (partnered w Ripple) lists 7 central banks to use XRPL for cross-border settlements: Bank of France, Japan, Korea, Mexico, Swiss National Bank, Fed Reserve of NY & Bank of England. -Cross-border global payments industry: $155T industry // $190T in transactions per annum // $290T by 2030 -Adopted by 8 out of 190 [w/ 30+ potential] central banks to issue their CBDC on the XRPL -Adopted by 80% of Japanese Banks in 2025 ($4.8T in inflows) -China’s Webus Int. created a $330M XRP treasury for cross-border settlements -1700 partnerships w companies under NDA -450M-1.1B XRP [false 53B] in circulation -India bought crude oil from UAE on XRPL -UAE’s Dubai Financial Services Authority (DFSA) uses XRPL for real estate tokenization amid $16B initiative -Grayscale XRP trust launched -BlackRock filed to launch XRP ETF -13 spot XRP ETFs awaiting SEC approval to hedge bets for ETF creators + will add liquidity to XRP ($8B in inflows over 1st year) -VivoPower, Webus Int’l, Trident Digital & Wellgistics have all announced XRP treasury plans (totaling $950M) -Supply control: 37.24B of [100B] supply locked in escrow by Ripple / $1B in XRP released per month + $800M goes back to escrow = $200M released to retail per month -Burn rate: 5k tokens/day -Elon Musk holds 16.783M XRP ($52.35 million); Musk offered to buy Ripple for $25B then re-offered to buy for $50B -European Central Bank launched own stable coin (Digital Euro) on XRPL -Price suppression: SIFIs selling XRP futures; 1 wallet bought $260B XRP on Kraken’s dark pool service to avoid actual price surge -Dubai sold $400M of real estate on XRPL -CEO at Apex2025: w/in 5yrs, XRP will take ~14% of Swift’s daily transaction volume ($5T) = $700B/day which means $437.47 per XRP by 2030 -XRP now listed on NASDAQ -Top stable coins/currencies now listed on XRPL ($RLUSD, $USDC, $XSGD, $EUROP, $USDB) -Ripple announced $700M share buyback (3-5% of RippleLabs) at $175/share -Expected $30B IPO (2nd highest ever) if it does -Valhil Capital’s collateralized fair mkt value per XRP token: $122,500 -Grok3 price simulation: $148.28 per XRP (embedded in calculation: impacts of 13 spot ETFs approved, current burn rate of ~2.4M XRP per annum, institutional treasuries reducing supply, XRPL capturing 25% of $10T in cross-border liquidity, and 3x speculative premium due to institutional FOMO) Utility: monopoly on high-speed/low fee cross-border payments -Speed: 1500 transactions/sec -Fees: $0.00423 per transaction -Transactions settle in 3.004 seconds -Banks & countries will extinguish pre-funded NOSTRO accts & free up 100s of billion for banks & countries to use Personal Forecast: $100 Q4-FY2025 -Replace 1/2 of global financial system (inflows >$400T) ———————————————————— With that being said, I will forever hold on to the ~$1K worth of XRP I bought 2 weeks ago.
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