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Hey amigo! Good to hear from you. The end of the lawsuit together with the launch of $RLUSD is going to cause a strong move north. Other coins such as ETH and BNB who launched stable coins had significant increases after launch. Stable coin option will bring a whole new flux of traders who can move in and out of the network easily with a stable value against fiat. XRP will do what ETH and SOL — surely but slowly. Also, getting an index listing listed on CME is so good for the visibility of XRP.
Our day is coming…
$XRP
Bank of America confirms $70 XRP RIPPLE
RIPPLE XRP is Bank of America💫
https://www.instagram.com/p/C9NJ20ytkGU/
Bank of England are using XRP technology and have partnered with Ripple!
This could be HUGE for XRP and could force a BlackRock XRP ETF❗️
Do you think XRP will partner with banks and we will see an ETF soon?
I personally think XRP has huge potential in the 2024 crypto bull run🚀
Solana and SHIBA INU are also coins I am holding for the bull run📈.....
Even God is saying invest in XRP... Coming from a Church Janitor making $7.00 an hour, that knows nothing about Crypto and has a few followers.... Is he really hearing from God, or is he a nut? I saw this and thought that I would share it... I am just the messenger. lol
I'm still holding brother. I to believe our time is coming after all these years.
Good luck to all..!!
https://www.instagram.com/p/C9UQsfCsZ4A/
Will 2024 be a bullish year for crypto? 💎,
When the day comes and we breakout past $10 a celebration is not out of the question.
XRP RIPPLING 🕶️🤑👍 that would be nice if they started burning. maybe pay some crypto reflections to holders.
Brad Garlinghouse Supports CME’s Launch of XRP and ICP Indices
https://www.cryptotimes.io/2024/07/12/brad-garlinghouse-supports-cmes-launch-of-xrp-and-icp-indices/
Ripple CEO Spots Prospect Of CF Benchmarks XRP Index Product
https://coingape.com/ripple-ceo-spots-prospect-of-cf-benchmarks-xrp-index-product/
CME Group Introduces XRP Reference Rates
"...On Wednesday, the Chicago Mercantile Exchange (CME) announced the launch of new reference rates and real-time indices for Ripple’s XRP and Internet Computer (ICP).
Based on its design, the new benchmarks will provide transparent pricing data to help market participants accurately value their portfolios. Markedly, the official launch of the new reference rates and indices is scheduled for July 29. The news immediately sparked speculations about a potential XRP ETF launch.
Giovanni Vicioso, CME Group’s Global Head of Cryptocurrency Products, stated that “With 24 cryptocurrencies in our suite of CME CF References Rates and Real-Time Indices, we will provide pricing data across more than 93% of the investible cryptocurrency market capitalization.”
In response to the news of the reference rates and real-time indices, Ripple CEO Brad Garlinghouse noted that this is the first step towards institutional crypto products..."
👀First step towards institutional crypto products is to have a trusted benchmark reference rate. Nice to see @CMEGroup and @CFBenchmarks collaborate on this for an XRP index. The market has spoken. https://t.co/cKqqMLswdw
— Brad Garlinghouse (@bgarlinghouse) July 11, 2024
US Senate recommends blockchain for national security tests
"...The US Senate Committee on Armed Services urges the Department of Defense to explore blockchain for national security applications, including supply chain management..."
https://cointelegraph.com/news/us-senate-committee-blockchain-defense-supply-chain
Ripple’s XRP in Revolutionizing Global Supply Chain Management
https://calbizjournal.com/ripples-xrp-in-revolutionizing-global-supply-chain-management/?no_cache=1686850261
"...One of the biggest advantages of Ripple’s XRP is its ability to facilitate faster and cheaper cross-border payments. With traditional payment methods, cross-border transactions can take days or even weeks to complete and can be expensive due to fees and currency conversion costs. Ripple’s XRP, on the other hand, can facilitate near-instant cross-border payments with lower fees and no need for currency conversion.
In addition to faster and cheaper payments, Ripple’s XRP can also improve supply chain efficiency by reducing the need for intermediaries and middlemen. With Ripple’s XRP, transactions can be processed directly between parties, eliminating the need for banks, payment processors, and other intermediaries. This can not only reduce costs but also speed up transaction times and improve transparency across the supply chain.
Another potential benefit of Ripple’s XRP for supply chain management is increased security and fraud prevention. Blockchain technology, on which Ripple’s XRP is built, is inherently secure due to its decentralized and tamper-proof nature. This can help reduce the risk of fraud, counterfeiting, and other types of supply chain-related crimes..."
AWS Partner Profile: Ripple
https://aws.amazon.com/partners/success/ripple/
RippleNet Use Cases
By joining RippleNet, banks, payment providers, exchanges, and corporates can address many commercial use cases, including:
e-Invoicing
International supply chain payments
Global currency account
Real-time cashpooling
International bill pay
Real-time remittances and international P2P payments
Ripple (XRP) Is Aiming at USDT and USDC
"...For a long time, USDT and USDC have dominated the stablecoin market; others like DAI, FDUSD, or TUSD are just the challengers. But this dominance may not be sustainable, as Ripple (XRP) is planning to launch its own stablecoin by the end of 2024.
Ripple has recently announced that they are going to launch a pegged stablecoin to compete with Circle USDC and Tether USDT in the next five years. The coin will be released on the XRP ledger and the Ethereum blockchain.
According to David Schwartz, CEO of Ripple, the new stablecoin will capture volatility, provide liquidity, and identify potential arbitrage opportunities among various assets. “We think it (the stablecoin market) will be over $2 trillion by 2028, and there’s only two market leaders. We don’t think it’s a winner-take-all-all ecosystem, particularly on the DeFi side.” Said Schwartz.
He believes that the newly issued stablecoin can attract market attention and attract a significant amount of investment, as the company has strong credibility and financial stability to establish itself in the stablecoin market..."
https://coinex.medium.com/usdc-may-overtake-usdt-ripple-wants-to-share-the-pie-4d766062a5fd
Ripple’s Stablecoin Initiative
https://trustwallet.com/blog/ripple-stablecoin-initiative
Ripple (XRP) Competing With Ethereum? XRP Ledger Developer Chips In
https://cryptopotato.com/ripple-xrp-competing-with-ethereum-xrp-ledger-developer-chips-in/
use case possibilities continue to expand...interesting
Treasury’s trajectory amid digital assets adoption
"Creating a bankable treasury strategy that optimizes opportunities"
https://www2.deloitte.com/us/en/pages/advisory/articles/treasury-digital-asset-adoption.html
Potential rewards and possible pitfalls
"...Traditional payment systems and liquidity management solutions are being complemented, and sometimes even replaced, by the emergence of digital assets and cryptocurrencies. While careful consideration must be given to regulatory, volatility, and security aspects, the potential benefits of enhanced efficiency, global accessibility, improved liquidity management, transparency, and innovation make them an intriguing option for forward-thinking businesses. As the landscape of finance continues to evolve, it benefits corporate treasurers to stay informed and nimble to leverage the opportunities presented by digital assets and cryptocurrencies..."
TMS integration and interoperability
"...As digital asset use cases and real-world applications converge, the expressed need for integrated systems and platforms becomes essential. Organizations’ “technology stack” consists of software, tools, and frameworks to build and operate digital asset–related applications and systems. There are various considerations and advantages to be cognizant of when integrating Treasury Management Systems (TMS) capabilities with digital asset activity. While detailed consideration needs to be given to logical access management, platform design capabilities, and risk mitigation, the potential benefits of enhanced visibility, working capital management, data analytics, automation and robotic process automation, counterparty connectivity, and infrastructure and security create additional opportunities for the foreseeable future. As the digital asset arena continues to evolve, organizations with a soundproof, effective technology ecosystem will prosper and have the expertise to lead their businesses..."
interesting observations by Deloitte...imo
CFTC Chair Deems Most Cryptocurrencies as Non-securities
"...The CFTC Chair testified before the US Senate Committee on Agriculture, Nutrition, and Forestry earlier this week, where he reiterated that Bitcoin and Ether were commodities.
During the hearing, Behnam referenced a July 3 ruling by an Illinois Court classifying BTC and ETH as commodities. The verdict was part of a $120 million Ponzi scheme case.
The CFTC Chair stated that 70% to 80% of cryptocurrencies are non-securities. Therefore, the CFTC must be granted regulatory oversight over these crypto assets under the Commodities Exchange Act.
Behnam’s testimony could end the years-long debate on which cryptocurrencies are securities and which are commodities. The SEC has filed lawsuits against cryptocurrency exchanges like Coinbase and Binance for selling unregistered securities. It is also suing Ripple for selling XRP as an unregistered security.
The CFTC Chair believes that the lack of a clear regulatory framework and regulators’ inaction pose a significant risk to investors and financial markets.
“Our current trajectory is not sustainable,” Behnam noted, adding that legislation at the federal level was urgently required..."
https://zycrypto.com/ripple-xrp-gains-weight-in-sec-battle-after-cftc-chair-says-70-80-of-crypto-are-non-securities/
Ripple XRP Gains Weight In SEC Lawsuit After CFTC Chair Says 70-80% of Crypto Are Non-Securities
https://zycrypto.com/ripple-xrp-gains-weight-in-sec-battle-after-cftc-chair-says-70-80-of-crypto-are-non-securities/
These people are corrupt Communists, there isn’t an ounce of democracy in these so-called Democrats.
I wonder what is left in the float, Ripple is buying and burning XRP coins to reduce what is out there, inquiring minds need to know.
I guess its not resolved as much as i thought then?
Ripple CEO calls Democrats to choose wisely, calls attention to SEC war on crypto and XRP
https://www.fxstreet.com/cryptocurrencies/news/ripple-ceo-urges-democrats-to-take-action-on-sec-chair-genslers-unlawful-war-on-crypto-202407111236
"...Ripple (XRP) CEO Brad Garlinghouse spoke at a crypto roundtable event on Wednesday. The Ripple executive slammed Democrats for not taking notice of the Securities and Exchange Commission (SEC) Chair Gary Gensler’s enforcement actions on crypto.
Garlinghouse addressed a gathering that included Mark Cuban, Coinbase CLO Paul Grewal, and key US Congressional leaders..."
interesting...
Ripple Unveils New Feature To Boost Payments API: Details
https://bitcoinist.com/ripple-new-feature-payments-api/
Ripple Further Improves The Developer Experience
"...The “Try It” feature has been integrated into several API services including the Ripple Payments API, Smart Liquidation Service API, and the Report Service API. It is designed to provide immediate and realistic responses from a mock server, which mimics the behavior of the live servers in a controlled environment. This enables developers to send simulated API requests to any endpoint and receive feedback instantly..."
Whales Scoop up 550M XRP as Retail Dumps, Fueling Speculation of Retail Shakeout
https://thecryptobasic.com/2024/07/10/whales-scoop-up-550m-xrp-as-retail-dumps-fueling-speculation-of-retail-shakeout/
interesting...
SBI Digital Markets appoints former Bank of Korea official to expand in South Korea
https://www.theblock.co/post/304403/sbi-digital-markets-appoints-former-bank-of-korea-official-to-expand-in-south-korea
I say it with all due respect. I stated a long time ago once CME starts trading BTC, it would take it where they wanted it, and they did. Those guys are the pros, just like wall st, their fathers were on wall st even grandparents, they talk markets with their kids at the dinner table. They are one with the markets. They eat Dumb angry non baby boomers for lunch and they will do it with crypto. Are they gearing up to send XRP to da moon and other to the grave, I don’t know. I think they know what I know, and the world finance system will be using XRP, so go from there.
watch CME cause this to make a move after the 28th. they are going all in for crypto trading, 24/7
Government wants this case to go as long as possible to help bc and eth and slow down control
Xrp
Problem is they can’t take it any further or it will become precedent and help all other crypto they want to sue under Gg at sec
Case will be done by mid September latest or even later this month
Then boom time for xrp
All the deals that have not been announced will come out the rest of this year
Xrp 5-10 plus hopefully
Not a lot of strength when the rumors say settlement by end of this month. just sayin, may see lower, or may not be exactly the settlement everyone thinks.
Hold some money for the 38 it may go there😅 WOW!🤑
haven't seen exact date posted by Ripple, as yet...several articles pointing to possible timeframe...you may have seen some of these already...keeping eye out for more updates on launch...and on regulatory issues resolution...
Ripple USD
https://ripple.com/lp/ripple-stablecoin-launch/?utm_campaign=&utm_medium=organic_social&utm_source=twitter
Ripple set to launch USD-backed stablecoin this year
https://www.fintechfutures.com/2024/04/ripple-set-to-launch-usd-backed-stablecoin-this-year/
Blockchain payments firm Ripple to launch its stablecoin in 2024
https://www.straitstimes.com/business/banking/blockchain-payments-firm-ripple-to-launch-its-stablecoin-in-2024#:~:text=The%20plan%20is%20to%20launch,protocols%20and%20apps%20over%20time.
"...The plan is to launch the stablecoin on the XRPL and Ethereum blockchains later in 2024, subject to regulatory approval, the firm said..."
"...It added that it intends to expand to additional blockchains and decentralised finance (DeFi) protocols and apps over time..."
Is there a launch date?
Circle’s Yam Ki Chan: “Stablecoins can reduce transaction time and cost for Asian businesses”
https://live.theasianbanker.com/video/circles-yam-ki-chan-stablecoins-can-reduce-transaction-time-and-cost-for-asian-businesses
"...stablecoins can alleviate poverty especially in Asia Pacific, highlighting the impact on businesses not just in terms of costs but also settlement time, especially for those operating across different countries within the region.
The complexity of transactions involving various currencies poses challenges that stablecoins can address effectively, he said, adding that the ability of stablecoins to streamline payments and reduce costs is particularly beneficial for Asian businesses dealing in multiple currencies across jurisdictions..."
Ripple stablecoin launch: a game changer
https://www.finextra.com/blogposting/26196/ripple-stablecoin-launch-a-game-changer
Ripple Ramps XRP up as Payment Leader with $640M Asia Gambit
https://dailycoin.com/ripple-ramps-xrp-up-as-payment-leader-with-640m-asia-gambit/
How Ripple's upcoming stablecoin will 'complement' XRP | The Scoop Podcast w/ Monica Long
Congrats, welcome aboard.
Waiting for .40 or lower
A buying opportunity has presented itself to me tonight, and I just had to take advantage of that opportunity, I added.
We are here to make a few bucks before the world ends. GLTA
It’s there again if u want to pickup more.
your welcome. Good luck.
Trumpmonk, I will stick with my 5.1B SHIB. Thanks for the good advice. Waiting for CFTC approval of SHIB futures contracts on July 15.
XRP is next after regulatory clarity.
Bought 110,000 XRP under .40. Thanks for the good advice
Financial infrastructure for the next decade | SFF 2023
interesting comments by Lauren Belive, Head of U.S. Public Policy and Government
@Ripple...posted by 'Subjective Views' on X...
#Ripple is spearheading the advancement of digital asset regulations, backed by a robust team of legal and policy experts who are driving significant progress in the industry. They are literally paving the way for #crypto adoption. 🫡
— Subjective Views (@subjectiveviews) July 2, 2024
Case in point 👇🏼
Lauren Belive, Head of… https://t.co/ru1VSZInke pic.twitter.com/P20RyLA5aF
yes it was a good sign*.....ild have sold a mess of ecsl to add to my xrp collection, but, alas, i had to use real money as only digitals fly 24/7....another antiquity that will make the naz otc nyse think twice soonr or later.
*i wondered who yanked it up from .38 and i was aiming at .30, you owe me
added 47k on the 4th. because the 39th was so terrible I figured .39 for XRP had to be a sign.
XRP 🏦🏤 🌊🏄♂️ Vance Joy - RIP TIDE $3.50 TARGET
XRP John Mayer - Waiting on the World To Change 🏦🏤 🏎️’💸 $3.50 TARGET
See you in Paradise XRP😎💰💰💰💰💰💰💰2025
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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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