Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yeah that for profit gonna be a problem. Why Fednow chose the nonprofit xlm for their payment network;)
indeed. seems iam back to outside the usa again...
spent most my years there and investment wise, seems that is where it shall continue
at least for the foreseeable future. sec chief was thought to be on thin ice and to be replaced after last july's loss....
yet, he continues
buy the FUD whenever it appears
here is the sec reponse in dubai....even though they lost
last july, sec wants to continue to fight the future. i expect the
sec chief to be replaced.
Ripple CEO Declares Intent To Bring XRP Battle To Supreme Court
November 09 2023 - 12:00AM
In a recent speech at the DC Fintech Week conference, Ripple CEO Brad Garlinghouse addressed the company’s regulatory hurdles. He expressed his views on the cryptocurrency landscape in the United States. Ripple CEO Warns Of US Risking Market Share Loss According to a Fortune Magazine report, Garlinghouse acknowledged during his speech that despite Ripple’s success in court against the SEC, some US banks must be more cautious about engaging meaningfully with cryptocurrencies. Garlinghouse attributed this reluctance to the perception that the US government and the Office of the Comptroller of the Currency (OCC) are “hostile to the crypto industry.” While Ripple’s court victory in July was seen as a positive development, Garlinghouse believes that the SEC’s overall approach, coupled with Chairman Gary Gensler’s characterization of crypto as the “Wild West,” is hindering the industry’s growth in the US. Related Reading: Bitcoin Parabolic Rally Above $600,000: Crypto Analyst Says It’s Closer Than You Think Garlinghouse emphasized that while the US has hostility towards crypto, other countries actively welcome crypto companies and investments by providing clear regulatory policies. As a result, the US risks losing its market share and failing to capitalize on its early advantage in the crypto space. Garlinghouse expressed his belief that the US can still become a leader in the industry but highlighted the urgency for clear and constructive regulatory frameworks to be established. CEO Vows To Escalate Legal Battle With SEC To Supreme Court Given the challenges faced in the US, Garlinghouse announced that Ripple would continue to expand its operations in other countries. He revealed that 80% of Ripple’s hiring in the current year will be conducted outside of the US, reflecting the company’s need to operate in more favorable regulatory environments. Garlinghouse emphasized the importance of creating a hospitable environment for innovation and growth, suggesting that the current hostility in the US hinders Ripple’s ability to operate effectively within the country. During the conference, Garlinghouse expressed his willingness to escalate Ripple’s legal battle with the SEC to the Supreme Court. Garlinghouse stated that Ripple is prepared to pursue legal avenues until a resolution is reached. This firm stance underscores Ripple’s commitment to addressing regulatory uncertainties surrounding XRP. Related Reading: Can Chainlink Reach $20 With Rollup Finance Partnership? Brad Garlinghouse’s remarks at the DC Fintech Week conference shed light on the ongoing regulatory challenges faced by Ripple and the wider cryptocurrency industry in the United States. Despite recent court victories, Ripple encounters obstacles due to perceived hostility and a lack of clear policy guidance. Garlinghouse’s readiness to escalate the legal battle to the Supreme Court demonstrates Ripple’s determination to seek a resolution and establish a constructive regulatory framework. As Ripple expands its operations globally, the hope remains that the US will adopt more welcoming and supportive regulations to foster innovation and maintain its competitive edge in the evolving cryptocurrency landscape. As of the current market update, XRP is trading at $0.6902, indicating sideways price movement over the past 24 hours. However, in the fourteen-day timeframe, the token has experienced a notable gain of 13%. Featured image from Shutterstock, chart from TradingView.com
Out side of the time difference. Do think we will hear something before.
Or , Right after the last trade of the day. Think it will happen also. Fingers cross!
I don't, but you have to admit the buying over the last couple weeks has been intriguing.
Don't believe in rumors.
no sweat, just anticipation as the 9th has been thrown about when all the jefes are in dubai and sec n' xrp meet and possibly settle up. i dont see squat yet, so obviously hasnt happened. we shall see. they are 6 hours+ ahead of east coast usa.
Who knows really? I'm a holder not a flipper so I'm not sweating a thing right now.
The SEC meets Ripple today!
— JackTheRippler ©️ (@RippleXrpie) November 9, 2023
🚨Rumors: SETTLEMENT #XRP pic.twitter.com/WVlGFL1MMx
that is correct. retrace and consolidation is basic to a healthy next run. now any news outta dubai?
wasnt the sec suppose to be on bended knee by the 9th?
WHO ARE THESE CLOWN'S!
Some Crypto annualist Genius just announce a 2,450% run up for XRP!
Where they find these people.
Hopefully by end of this month
Testing .80's by EOY! Maybe sooner....
It's called consolidation.... and very healthy for the ultimate increase
Hey, Wooden Indian, blessings to you. I hope you’re doing well friend.
Boring as in stocks, bonds, metals, commodities, etc. You can do OK in those kinds of investments; indeed most of my plays are in traditional investments, selling options and capturing dividends from blue chips and so forth. But crypto is not like that... not yet.
Crypto was more fun at the beginning, 10 years ago, even 5 years ago. A roller coaster ride, one that was life changing, if you got off at the right times. Back in the day, getting some Bitcoin wasn't just an action, it was an act of defiance (or self-defense), a statement about the way the world works. And you could make some serious gains while doing it. That (the money-making part) is the promise of this latest cycle. Bitcoin might triple, Ether might do twice that. Solana may yet prove more than a VC coin. And the chance to 100x or 1000x if you pick the right altcoin? That is still possible this time around. But this might be the last chance to take the kind of ride where your life can change in a few years. Once institutions get in and control so much of it... well, we will see. That is what I mean by "enjoy the ride." It might be the last one worth getting on.
Frankly, I am not in a hurry to get the ETF approval. Remember the futures ETF (BITO) came out at the top of the last bull.
As for XRP, it needs to do about a 20x from here to take care of me. Gooooooo XRP!
Absolutely, WiseYoda.
HODL strong! The writing is on the wall—crystal clear.
Lots of green! some red. Don't think I would flip this one for a few years.
Starting to look a lot like CHRISTMAM!
Not sure what one im enjoying more, XRP or ETH...lol I forgot my Link! WOW!
We going to DA moon! Whoever doesn’t see it at this stage is either ignorant or bias.
________
Ripple Transforms Payments Experience to Unlock Enterprise Crypto Adoption
Vision for the Future of Ripple Payments
Products: a Focal Point at Swell 2023 Conference
November 7, 2023
DUBAI, United Arab Emirates & SAN FRANCISCO--(BUSINESS WIRE)--Ripple, the leader in enterprise blockchain and crypto solutions, debuted today the evolution of its crypto-enabled cross-border payments solution, Ripple Payments, formerly known as RippleNet. Ripple Payments provides the enterprise-grade infrastructure required for businesses to leverage blockchain easily for faster, cheaper, more efficient cross-border payments without needing to be an expert.
More than ever, leading Web2 companies and legacy payments institutions are investing resources to integrate blockchain utility into their services – over 80% of global finance leaders are likely to begin using some form of cryptocurrencies in their business in the next three years. As such, Ripple is evolving its flagship payments product and building toward a future where Ripple Payments is the fastest and most efficient cross-border payment solution for any business, regardless of the currency, time of day or end destination.
Key updates include:
Expanded access to Ripple’s full global network of more than 70 crypto and traditional payout markets – the Ripple Payments network now provides near global payout coverage through single onboarding.
A payment system forged by Ripple’s deep regulatory know-how – Ripple’s years of experience combining crypto-native services with traditional finance and compliance requirements provides the peace of mind needed to access enterprise-grade crypto solutions. With 30+ licenses, including a MAS Major Payments Institution license and Money Transmitter Licenses (MTLs) across the U.S., Ripple is introducing its solutions to a broader customer base, including SMEs (Small and Midsize Enterprises).
Lightning-fast onboarding and accelerated go-to-market strategies – new integrations with the XRP Ledger’s native decentralized exchange (XRPL DEX) will improve product performance and lower the barrier to enter new markets by tapping into global liquidity options.
The ability to fulfill customers’ liquidity needs on demand 24-7-365 – regardless of the currency or end destination, expanded crypto liquidity options will allow Ripple to continue providing an optimized experience as the payments product scales.
“Since the start, Ripple focused on creating products that solve real problems for real customers. This evolution of Ripple Payments represents an extension of our long-running work to optimize the cross-border payments experience through transformative technology,” said Monica Long, President at Ripple. “Ripple has led the way in addressing key components of crypto financial infrastructure, including liquidity, off ramps, tokenization, custody, and compliance. Bringing these elements together within Ripple Payments for an intuitive end-to-end enterprise experience is the natural next step for Ripple to make crypto’s benefits accessible for any business.”
“At Ripple, we’ve long known that payments are unequivocally the ‘killer app’ for digital assets. Achieving that vision requires a seamless experience for institutional users to solve real-world problems,” added Brendan Berry, Head of Payment Products at Ripple. “With more businesses than ever seeing real utility in blockchain, our goal is to provide our customers with optionality, speed, ease of use, and compliance – all in one comprehensive product.”
Global payments solution company RocketFuel is one of the first customers to leverage the newest iteration of Ripple Payments. RocketFuel provides payment solutions to merchants who wish to send or accept payments via crypto or fiat. Ripple Payments will manage the end-to-end flow of payments, with a breadth of payout currencies available around the world, enabling RocketFuel to meet rapidly increasing demand for direct payments to merchants and their customers.
“For too long, the financial industry has suffered from using antiquated technologies, resulting in high costs, lost revenue, and inefficient and unpredictable processes. Blockchain and digital currency applications provide an avenue to radically improve those shortcomings,” said RocketFuel CEO Peter Jensen.
“Ripple Payments supports our products, allowing us to serve our customers globally in a dramatically more effective way than the legacy financial system.”
Ripple Payments was announced today at the company’s seventh flagship event, Swell, taking place in Dubai from November 8-9, 2023. The annual conference plays a central role in advancing the business of crypto by bringing together the brightest minds across payments, financial services, crypto, blockchain, and economic policy.
Best known for its flagship payments products, Ripple was the first company to address the multi-trillion dollar pain points in cross-border payments utilizing blockchain and cryptocurrency. Today, Ripple serves hundreds of customers in over 55 countries and on six continents, with payout capabilities in 70+ markets. The newly launched Ripple Payments solution is now available in the U.S., with more regions to come in 2024 based on jurisdiction. The availability of specific products and features will vary by jurisdiction.
https://stocks.apple.com/AjI9fjCJrTUq7A6cwdjfhxA
Yup!!! Whole world utilizing XRP!!!
Africa and Middle East gearing up to us XRP
$XRP has been dragging XLM along but looks like XLM tired can’t keep up.
$XRP This is the chosen coin. Huge run coming once the switch is flipped
Lol. Bunker busters will come in hand
$XRP is the leader FEDNOW
Oh the peanut gallery made an appearance. Bet I know the blockchain Fednow is using! Rotflmao Now run along and pump some otc garbage clown. Still living rent free in her head :)
Yup. Ukraine on the other side of this mess will be using it also.
africa n' south of the border are hopping
U don't know chit
I mean whose the blockchain payment leader
it's a short hop skip & jump to camp blaz from new zealand
I know whose big in latin america and Africa ;) That's because I attend and follow the Meridian conferences :
Reason those clowns are building bunkers in New Zealand. Little do they know those very bunkers will become their graves ;)good always prevails over evil. It's unfolding in front of our eyes at this very moment. But the sheep are stuck in their boxes and still chasing worthless dollars.
that is correct. however, few know. just the enlightened that can research and read other than on ihub; why i reference your kid
Lol Swifts a relic ;) and that's ripple problem. Just a modern version for the banksters. And the enlightened are moving away from it.
you know what is testing in the middle east and BRICs well may adopt officially soon, and so do i. not too many do, for sure.
most on ihub dont. your kid, boilerplate thinks swift is just dandy.
Yikes! Hope you exited your XLM. Glad to see you here with us XRP=FEDNOW
so tell her. she is just a mouth piece of the establishment...
just having the establishment allowing this is big. also the term 'retrace' seems foreign to all these crypto experts on yt or posting
Obviously she doesn't even know the blockchain FedNow is using. Lmao
Well if Mrs Thorp would have read the Russian regulations on blockchain and defi she would know what the BRIC is using. But pretty confident she didn't. Ripple is an extension of the western banking system that's failed us all. Brics not using XRP girly ;)
Countries Switching to XRP...& xlm too
A 5 trillion market!? That's funny!!
Yeep!
Like the Lockheed YF-12.
And when it does! No one, Will see it coming.
Followers
|
455
|
Posters
|
|
Posts (Today)
|
7
|
Posts (Total)
|
38164
|
Created
|
03/29/17
|
Type
|
Free
|
Moderators dshade Vulcanized Crawler trunkmonk ap17 |
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
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |