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The Future of Money and Payments with the Honorable Nellie Liang, Under Secretary of the Treasury for Domestic Finance September 20, 2022
https://www.hks.harvard.edu/events/future-money-and-payments-honorable-nellie-liang-under-secretary-treasury-domestic-finance
Nellie Liang, Under Secretary of the Treasury for Domestic Finance
https://www.fsb.org/profile/nellie-liang/
"...The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system..."
https://www.fsb.org/about/
interesting...roundtable discussion alongside Nellie Liang, under-secretary for domestic finance, U.S. Department of the Treasury...
ℹ️ Here's an updated list of everyone at this round/square table. 🫡 pic.twitter.com/IFKNIU5jiA
— Subjective Views (@subjectiveviews) April 25, 2024
SEC will get taken out if they dont play ball with the rest of the world, they will get left behind worse than Treasurer and Fed trying to buy its own debt. how is that making out, they pay more interest on the debt each year then funding the Whole Military budget, plus more. Incompetent or crazy, one or the other, GSE will save housing, they are still hostages and yellen doing nothing, Yellen didnt buy back debt at 0, now she is paying through the teeth, while the rest of the world leaving dollar behind and using XRP, gold, and other devices while US understands nothing cause they are riding on reserve dollar others put into place and understood.
Ripple News: XRP Approved for Global Transfers by Dubai, Despite SEC Legal Battle
https://www.crypto-news-flash.com/ripple-news-xrp-approved-for-global-transfers-by-dubai-despite-sec-legal-battle/
"...Ripple received approval for global transfers in Dubai. The move is significant for Ripple’s international expansion efforts despite ongoing legal challenges from the U.S. Securities and Exchange Commission (SEC). The approval underscores Ripple’s potential for growth and influence in the global financial system..."
PostFinance Adds Ripple’s XRP to Crypto Trading Platform
https://www.crypto-news-flash.com/postfinance-adds-ripples-xrp-to-crypto-trading-platform/
"...PostFinance, a Swiss government-owned bank, has expanded its cryptocurrency offering by integrating Ripple’s XRP into its trading platform. Reflecting its will to remain on top of digital asset trading, this growth reflects over a year since the bank first entered the crypto market..."
4th of july blow up the cryptos....
manipulation is a tool of politics
I timed that wrong. Last year it took off right about now.
XRP Is ‘Ideal for International Transfers’, Says Sweden-Based Digital Asset Manager
https://www.cryptoglobe.com/latest/2024/07/xrp-is-ideal-for-international-transfers-says-sweden-based-digital-asset-manager/
Russia Looking at Using Stablecoins for International Payments: Russian State Media
https://dailyhodl.com/2024/07/03/russia-looking-at-using-stablecoins-for-international-payments-russian-state-media/
interesting...
I just bought some so not complaining.
On that Swedish news XRP decided to head South, what’s up with that?
It does seem to roll that way, as mentioned the SEC matter should lose one weight when ended, connections are already in place when that happens. I'm hopeful the SWIFT action will dramatically change things too.
XRP ETP Launches on Nasdaq Stockholm Exchange
https://thecryptobasic.com/2024/07/02/xrp-etp-launches-on-nasdaq-stockholm-exchange/
"...In an official press statement on Tuesday, Swedish digital asset manager Virtune disclosed the debut of its Virtune XRP ETP on Nasdaq Stockholm. The Virtune XRP ETP aims to offer investors a way to tap into the performance of XRP, the seventh-biggest crypto project with a valuation of over $26.63 billion..."
It’s still tied to BTC, not disconnected like some think or claim. Breakaway will happen right after SEC thingy cleared up.
With all the good news about XRP why is it South?
Are Stablecoins Saving The Treasury Market?
Are Stablecoins Saving The Treasury Market?
— Anthony Pompliano 🌪 (@APompliano) December 2, 2023
US bonds have historically been seen as a safe haven asset, but in a time when investors were seeking safety, bonds have failed them.
For example, the iShares 20 Plus Year Treasury Bond ETF ($TLT) is down 22% over the last 5 years and… pic.twitter.com/16nvt4Q7d5
SEC Commissioner Mark Uyeda calls agency’s approach to crypto filings ‘problematic’
https://cointelegraph.com/news/sec-commissioner-mark-uyeda-calls-out-problematic-crypto-filing-approach
"...Tucked away in a footnote as part of a recent statement, the SEC commissioner said his agency’s current approach to crypto does not aid capital formation or protect investors..."
interesting...
Ripple and Coinbase aim to leverage judge's ruling in SEC's Binance case
https://www.theblock.co/post/303226/ripple-and-coinbase-aim-to-leverage-judges-ruling-in-secs-binance-case
U.S. Judge Rejects SEC’s Main Claims Against Binance
https://www.cryptotimes.io/2024/07/02/u-s-judge-rejects-secs-main-claims-against-binance/
"...Judge notes SEC failed to demonstrate that secondary market sales of BNB brands the crypto as a security..."
Eco data from here on out will bring money to safe havens. In the case of XRP they will need it even sooner than before. Roadblocks will all of a sudden disappear, watch and get on the train.
XRP Price Attempts Bullish Decoupling Amid Major Developments
https://www.newsbtc.com/analysis/xrp/xrp-price-attempts-bullish/#:~:text=The%20XRP%20price%20continues%20to,its%20comes%20to%20the%20altcoin.
“Chevron is Overruled” Supreme Court decision upends the era of agency rule
https://www.nortonrosefulbright.com/en/knowledge/publications/5ef22f81/chevron-is-overruled-supreme-court-decision-upends-the-era-of-agency-rule#:~:text=After%20Chevron%2C%20it%20is%20even,supposed%20authorization%20is%20not%20clear.
"... After Chevron, it is even more likely that courts will scrutinize agency interpretations of broad antifraud statutes. The demise of Chevron may result in the SEC and other agencies taking more measured approaches where the source of their supposed authorization is not clear..."
Supreme Court muddies regulatory authority of SEC and DOL
https://www.investmentnews.com/regulation-and-legislation/news/supreme-court-muddies-regulatory-authority-of-sec-and-dol-254900
The Supreme Court weakens federal regulators, overturning decades-old Chevron decision
https://apnews.com/article/supreme-court-chevron-regulations-environment-5173bc83d3961a7aaabe415ceaf8d665
interesting...
Ripple’s Dance Between Traditional and New Finance: Interview with Reece Merrick
"...conversation with Reece Merrick, Ripple’s Managing Director for the Middle East and Africa..."
Walid Abou Zaki ~ May 2024
https://www.unlock-bc.com/122605/reece-merrick-ripple-dance-traditional-new-finance-uae/
Ripple / Metaco Thomas Pecha unveils the winning formula institutional adoption of digital assets.
XRP Glory Glory Hallelujah $3.50 TARGET 🎺🎺🎺🎷🎺🎺
XRP 🏦🏤 THE BALLAD OF THE GREEN BERETS $3.50 TARGET then right to $100
If everything goes right, we are so fking rich
Don’t F around just keep buying XRP you won’t regret it🥊😎🥊 Going to fly now,Going the Distance, The Final Bill $3.50 TARGET
XRP 🏦🏤 WELCOME TO THE MACHINE
Ripple Partner SBI Mints 920 NFTs on XRPL for the 2025 World Expo in Japan
https://thecryptobasic.com/2024/07/01/ripple-partner-sbi-mints-920-nfts-on-xrpl-for-the-2025-world-expo-in-japan/
(link to article) ~ How South Korea’s Student Debt Crisis Paved the Way for Crypto
https://www.cryptotimes.io/2024/06/29/how-south-koreas-student-debt-crisis-paved-the-way-for-crypto/
NOTE: here is the link to article. forgot to include in last post. sorry about that. this debt crisis situation in Korea sounds very familiar...to what is going on in other nations...does it not...perhaps the potential of crypto and blockchain will offer some solutions to the difficult challenges many face...
(excerpts posted below ~ see article for more details)
"...A recent survey has revealed that nearly half of South Korean university students are moving toward cryptocurrency, considering it can be a lifeline to manage their mounting debt and economic challenges. This unexpected trend underscores the severity of the student debt crisis, pushing young people towards innovative and risky financial strategies in hopes of achieving economic stability and independence.
In South Korea, rising housing costs and living expenses are pushing a significant portion of young adults into staggering levels of debt. These economic pressures come amid monetary tightening efforts by the Bank of Korea aimed at controlling inflation. The financial pressures on young adults often lead to significant reliance on education loans..."
Crypto as a Solution
"...In South Korea, cryptocurrency investments have become increasingly popular among students, driven by several key factors.
Cryptocurrencies have the potential for significantly higher returns than traditional investments. This attractiveness is heightened in a country with high youth unemployment rates and economic uncertainty, where young people see digital assets as a means of achieving financial stability and wealth.
Young Koreans are tech-savvy and at ease with digital assets, thanks to their early acceptance of technology and experience with micropayment methods. Because of this cultural connection, cryptocurrencies are an ideal investment opportunity.
Cryptocurrencies are volatile and risky, lacking regulation like traditional markets, which can lead to losses from scams, hacking, and manipulation. Despite these dangers, young South Koreans are drawn to their high profit potential, familiarity with technology, and economic conditions.
40% of South Korean university students are investing in cryptocurrencies, according to a survey by Korea Investment and Securities..."
You go guy with all your informations
XRP Could Serve as Alternative to US Dollars in Japan, Asserts Pundit
https://www.crypto-news-flash.com/xrp-could-serve-as-alternative-to-us-dollars-in-japan-asserts-pundit/
Ripple Joins Forces with HashKey DX to Introduce XRP Ledger-Powered Enterprise Solutions in Japan
https://group.hashkey.com/en/newsroom/ripple-joins-forces-with-hashkey-dx
Ripple signs SBI, HashKey to launch XRP in Japan
https://financefeeds.com/ripple-signs-sbi-hashkey-to-launch-xrp-in-japan/
Japan Embraces Blockchain: A Revolution in Supply Chain Management
https://medium.com/@sippithomas5/japan-embraces-blockchain-a-revolution-in-supply-chain-management-b9b3135b3efe
Blockchain trialed for sea cucumber traceability in Japan
https://www.seafoodsource.com/news/environment-sustainability/blockchain-trialed-for-sea-cucumber-traceability-in-japan
UPS Ships Beef to Japan, Tracked and Monitored Using Blockchain Tech
https://www.coindesk.com/markets/2019/11/12/ups-ships-beef-to-japan-tracked-and-monitored-using-blockchain-tech/
"...The shipping giant says it has tracked and delivered a full shipment of beef from Kansas to a Tokyo steakhouse with help from blockchain firm HerdX..."
Sales value of blockchain-utilized services in Japan from fiscal year 2019 to 2021 with a forecast until 2025
https://www.statista.com/statistics/1244722/japan-blockchain-utilized-services-market-size/
Japan Blockchain Technology Market | size | USD | 5.85 Bn | in 2023
https://www.linkedin.com/pulse/japan-blockchain-technology-market-size-rzrjf
Key Players: Microsoft, Ripple, Earthport, Coinbase, Bitfury Group, Amazon, IBM, BTL Group, Antier Solutions Pvt. Ltd., and Digital Asset Holdings, Chain, Inc., among many others.
"...The blockchain technology market can be segmented by application into several categories, including: Payments, Exchanges, Smart Contracts, Documentation, Digital Identity, Supply Chain Management, Governance, Risk, and Compliance Management, Others..."
"...Blockchain is used for decentralized finance (DeFi) applications, cross-border payments, digital identity management, and more. In supply chain management, blockchain helps improve traceability, transparency, and accountability across multiple industries, such as food, pharmaceuticals, and luxury goods..."
very interesting...imho...cheers...
How South Korea’s Student Debt Crisis Paved the Way for Crypto
"...Cryptocurrency investments have gained popularity among South Korean students seeking higher returns amid economic uncertainty, leveraging their tech-savvy nature and cultural affinity for digital assets..."
In South Korea, 40% Students Invest in Crypto: Survey
https://www.cryptotimes.io/2024/06/27/south-korea-40-of-students-invest-in-crypto-assets-survey/
Ripple VP Breaks Silence Over XRP Ledger's Korean Growth
https://u.today/ripple-vp-breaks-silence-over-xrp-ledgers-korean-growth
"...The XRP Ledger (XRPL) is experiencing a significant surge in momentum in Korea, a development that has caught the market's attention. In this light, Ripple VP of Corporate Strategy & Operations Emi Yoshikawa has expressed enthusiasm about the growing momentum of XRP Ledger (XRPL) in South Korea. This surge in interest is particularly noteworthy as more enterprises enter the digital asset space, seeking reliable and enterprise-grade platforms to support their initiatives..."
Ripple VP Emi Yoshikawa Praises XRP Ledger Surge in Korea Amid Enterprise Adoption
https://www.crypto-news-flash.com/ripple-vp-emi-yoshikawa-praises-xrp-ledger-surge-in-korea-amid-enterprise-adoption/
Ripple launches new fund to drive blockchain innovation in Japan and South Korea
https://www.cnbc.com/2024/06/11/ripple-launches-japan-and-korea-fund-to-drive-blockchain-innovation.html
interesting...
once the case is done, yes. maybe sooner with news. but I don't think all the major news will come out until the case is done or settles.
thats about it for first move, which would make it on par with BTC. then when its the defacto coin for hundreds of trillions in cross border trade, then it gets interesting.
🫲🤑🫱XRP will make one big move from $0.50 to $3.50 in one move. no one will have time to react. It will already be at $3.50, once news breaks people will start chasing sending it over $10 🎶🎵🎶
"PwC is already setup to audit entities engaged in #XRP for clients..."
PwC is already setup to audit entities engaged in #XRP for clients.
— Chad Steingraber (@ChadSteingraber) June 29, 2024
PwC // "Halo" https://t.co/5W6K6BkQ31 pic.twitter.com/087vEV277j
Zoniqx is connected to PwC for asset tokenization.
— Chad Steingraber (@ChadSteingraber) June 29, 2024
Zoniqx-->RWA-->PwC #XRPL XRP https://t.co/L2iHfawYBi pic.twitter.com/9Xa7jAT2Qp
Brazil and Japan Forge a Web3 Path: A New Era for Economic Cooperation
https://hackernoon.com/brazil-and-japan-forge-a-web3-path-a-new-era-for-economic-cooperation
very informative article imo...especially in light of recent BRICS developments...some excerpts posted below...glta...cheers...
"...Brazil and Japan boast a long history of friendship that is both marked by deep economic ties and the world's largest Japanese diaspora in Brazil..."
"...Brazil has marked itself as Latin America’s largest crypto economy, with the Brazilian government generally supporting the growth of Web3 in Brazil. This can be seen through crypto-friendly legislation and the introduction of Drex, Brazil’s digital currency infrastructure, which is built on Hyperledger Besu. Additionally, research from the Central Bank of Brazil (BCB) found that Brazilians held $50 billion in crypto compared to $16 billion in U.S. stocks..."
"...Private enterprises also have a significant interest in growing Brazil’s crypto-friendly population, with a survey on Web3 perception and participation found that 41% of Brazilians currently owned or previously owned digital assets..."
"...Ripple’s Grants Program recently unveiled its efforts to support Brazil-based projects using the XRP Ledger, the XRP asset blockchain, in May 2024, following news of the Solana Foundation’s plans to allocate over $10 million into Brazil’s Web3 ecosystem in January 2024..."
Ripple Celebrates Brazilian Real Stablecoin Integration On XRP Ledger
https://bitcoinist.com/ripple-brazilian-real-stablecoin-xrp-ledger/
Brazil is quickly becoming a key crypto hub globally with its forward-thinking regulators (and clear policies), TradFi engagement and a growing developer community – thanks @WebSummitRio for having me, @ysiu and @KristinaLCorner on stage today! pic.twitter.com/Tk9FeZHeyl
— Monica Long (@MonicaLongSF) April 16, 2024
Infinite Block, Korea’s First Licensed Crypto Custodian, Embraces XRP
https://coinedition.com/infinite-block-koreas-first-licensed-crypto-custodian-embraces-xrp/
Ripple President Breaks Silence on RLUSD Stablecoin Implications for XRP
https://u.today/ripple-president-breaks-silence-on-rlusd-stablecoin-implications-for-xrp
Ripple VP Breaks Silence Over XRP Ledger's Korean Growth
https://u.today/ripple-vp-breaks-silence-over-xrp-ledgers-korean-growth
Thailand in Partnership Talks With Ripple Over XRP Adoption
https://coinedition.com/thailand-in-partnership-talks-with-ripple-over-xrp-adoption/
interesting developments...
Thailand in Talks with Ripple for Potential XRP Integration
https://cryptoadventure.com/thailand-in-talks-with-ripple-for-potential-xrp-integration/
3rd-Biggest Thai Bank Teases Tantalizing News for Ripple (XRP) Bulls
https://nz.news.yahoo.com/finance/news/3rd-biggest-thai-bank-teases-220140805.html
Paving the way for Central Bank Digital Currencies in Thailand
https://www2.deloitte.com/th/en/pages/about-deloitte/articles/paving-the-way-for-central-bank-digital-currencies-in-thailand.html
Bank of Thailand: rCBDC Conclusion Report
https://www.bot.or.th/content/dam/bot/documents/en/financial-innovation/cbdc-digital-currency/rCBDC%20Conclusion%20Report.pdf
In Conversation with the Bank of Thailand’s Digital Currency Policy and Development Unit
https://cbpn.currencyresearch.com/blog/2024/05/24/in-conversation-with-the-bank-of-thailand’s-digital-currency-policy-and-development-unit
Malaysia and Thailand keen to join BRICS: 5 things to know
https://asia.nikkei.com/Politics/International-relations/Malaysia-and-Thailand-keen-to-join-BRICS-5-things-to-know#:~:text=KUALA%20LUMPUR%20--%20Two%20Southeast,including%20the%20U.S.-China%20tensions.
BRICS attracts more cross border CBDC proponents with Thailand’s application
https://www.ledgerinsights.com/brics-attracts-more-cross-border-cbdc-proponents-with-thailands-application/
lets couple with BTC for a while if in fact it did decouple, why, BTC crowd goes up more than XRP while we wait for release from tyranny.
"Chris Larsen on May 22, 2013, laying out his early vision for #XRP, then called Opencoin: A math-based, global, free, irreversible payment system (that any existing currency can participate in), open to everybody."
https://www.instagram.com/crypros/reel/C2uzgGwr5O6/
interesting...Chris Larsen interviewed 2013 by 'Russia Today' (RT)...cheers
"...What is an AMM, and Why is This Important?..."
https://cryptopotato.com/ripple-xrp-achieves-a-major-milestone-details-2/
"...AMM stands for an automated market maker. Their goal (and by extension, that of their pools) is to provide liquidity in the XRP ledger’s decentralized exchange. In essence, each pool consists of two assets, and users can swap between them at an exchange rate that’s set by a formula. Those who lock XRP in the pools are called liquidity providers, and in return for their stake, they receive LP tokens (yield) from the automated market maker.
Therefore, an increased stake in AMM pools generally signals rising investor confidence.
This is especially true, given that XRP’s price has been stagnating throughout the past few weeks, unable to make a considerable move in either direction. As CryptoPotato recently reported, the cryptocurrency seems to be on the verge of a massive move. This is because its price has been squeezed within the current range for too long, indicating a balance between buyers and sellers. This doesn’t usually last long..."
XRP Ledger Achieves Significant Milestone With Over 10 Million Tokens Locked
Jun 23, 2024
https://www.binance.com/es-MX/square/post/2024-06-23-xrp-ledger-achieves-significant-milestone-with-over-10-million-tokens-locked-9866183295041
XRP locked in AMM pools nears 4.5 million mark, Ripple awaits SEC response in lawsuit
May 5, 2024
https://www.mitrade.com/insights/news/live-news/article-3-155876-20240506
Ripple’s XRPL DeFi Surge: AMM Pools Exceed 315, Locked XRP Surpasses 2.2 Million
18 April 2024
https://cryptoadventure.com/ripples-xrpl-defi-surge-amm-pools-exceed-315-locked-xrp-surpasses-2-2-million/#google_vignette
Automated Market Makers
https://xrpl.org/docs/concepts/tokens/decentralized-exchange/automated-market-makers/
"...Automated Market Makers (AMMs) provide liquidity in the XRP Ledger's decentralized exchange. Each AMM holds a pool of two assets. You can swap between the two assets at an exchange rate set by a formula..."
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A Digital Asset Built for Global Payments
International payments, especially in emerging markets, require businesses to hold pre-funded accounts in destination currencies. It’s a costly endeavor that ties up resources. RippleNet provides an alternative. While any financial institution on the network enjoys reliable, instant and lower-cost transactions, those who use the digital asset XRP to source liquidity can do so in seconds—freeing up capital and guaranteeing the most competitive rates available today.
How On-Demand Liquidity Works
RippleNet customers can use XRP to bridge two currencies in three seconds, ensuring payments are quickly sent and received in local currency on either side of a transaction.
Faster, less costly and more scalable than any other digital asset, XRP and the XRP Ledger are used to power innovative technology across the payments space. RippleNet customers can use XRP for sourcing liquidity in cross-border transactions, instead of pre-funding—ensuring instant settlement, lower exchange fees and more efficient use of working capital. This same technology is also leveraged in use cases for micropayments, e-commerce, exchanges and peer-to-peer services. XRP and the XRP Ledger are open-source technology that anyone can build on. To get started, learn more at XRPL.org.
GET TECHNICAL WITH XRP
https://xrpl.org/
BENEFITS OF USING XRP...
FAST - Payments moving across the XRP Ledger settle in 4 seconds.
SCALABLE - XRP consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa.
DISTRIBUTE - Open-source technology, built on the principles of blockchain with a growing set of validators.STABLE - XRP’s seven-year track record of stable technology and governance makes it ready for institutional and enterprise use.3-5 Days
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