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I didn't realize that the Canadian Imperial Bank of Commerce were "Carpetbaggers". i was under the impression that they were part of the part of the growing XRP base that includes Central Bank Digital Currencies (CBDCs) and is currently serving hundreds of customers in over 55 countries, in 6 continents with payout capabilities in more than 70 markets.
really, cmon man, thats a start lol. think about this, everyone who buys crypto since its inception was through a fiat other than crypto itself. even today, almost everything crypto would fail into dust if suckers were not putting more DOLLARS into it. the collapse is gonna be huge, almost nobody understands anything anymore in the markets.
Trunkmonkey is mad because he loaded XLM instead of the chosen XRP. $XRP for the win!
Think about that statement, basically the dollar is backed by more dollars...
Just saying.
accept the dollar is backed by the Fed and treasury, Ripple is backed by nothing but carpetbaggers.
Just like the dollar!
FUD over AMM and XRP becoming a stablecoin. Erroneous theory.
In 2011, Jed McCaleb began developing the source code of a token called XRP, which joined forces with the payments startup Ripple in 2012. After McCaleb left Ripple, he founded the Stellar Development Foundation in 2014. Unlike Ripple, a for-profit company, McCaleb created Stellar as a nonprofit. Stellar (XLM) and Ripple (XRP) share similarities because they were both created by the same person, Jed McCaleb. XRP's most pivotal price movements, including its peaks and lows, have been replicated by XLM over the years.
lol...Not sure what your saying but thanks for the update any way. Have a good one.
XRP und XLM sind Geschwister...
Wohin geht Bruder, Schwester folgt ihm
(xrp and xlm are siblings...
where goes brother, sister follows)
lol...They still do.
was it arizona 1976? red heads can have that effect...
lol...Last time I got shook was about 51 yrs ago to be exact!
Prettiest red head I ever met. Wasn't really sure what was going then.
But when I came back!... ( :
Don’t get shook. Matter of time.
Taking it as a blessing. Time to buy more.
BBroom says Fedcoin based on Xrp, if I send liars fruitcake and case of beans for holiday, I go broke there are so many. ….
Mongo
This will move soon as FedNow takes off
They know nothing. For real.
Man that fake Black rock BS makes me want to move over to Solana or something different. We don’t have to worry about the SEC halting this while they investigate do we? I just don’t want my money stuck. I think we are ok thou
Was this a warning message.... next one may not be a warning message!!!
Oh yeah today may not be the day but absolutely believe our day is coming and we are heading way past $5 when it finally does start running. I am here until the very end.
Someone is trying pretty hard to keep this down..🤣
Still helps with the bullish sentiment... all adding up here. Steady climb is always better
Blackrock filed to register i shares xrp trust which is a precursor to xrp etf.
The hell was that about
Wow major head fake. Looks like show is over for today but I k ow what I hold. We will get there some day
$XRP hell yeah!!
YEAHH!
And I thought I saw a putty cat !
I thought this was going to the moon? Still can't break resistance
LOL. Right on. I’m doing great, WiseYoda. Preparing for what is to come in the near future.
Sore loser, I make him pot of beans and deliver it personally to Brad, we break bread, and wind, together...
Mongo
The lost world. LINKUSD!
Theres one cryptocurrency that’s really getting adoption by financial institutions in the cross border payments sector and thats $XRP not to mention being the only cryptocurrency that is not a security by a matter of law.
I know its challenging for some to admit especially in the Ether community but when you breakdown the technology of XRP versus ETH theres no comparison especially when you’re paying hundreds of dollars in gas fees to move Ether.
People can’t give credit where credit is due because of tunnel vision.
$XRP is kicking a$$…DEAL with it.
The tsunami is coming
$$$XRP$$$
no disgorgement fees due/sec owes xpr
John Deaton, the founder of CryptoLaw, has suggested that Ripple may not be required to pay the speculated $770 million in disgorgement fees, which the U.S. Securities and Exchange Commission (SEC) has been seeking in the lawsuit against Ripple.
In Friday’s tweet, the pro-Ripple lawyer argued that the SEC’s efforts to seek disgorgement for XRP sales in the United Kingdom, Japan, Switzerland, and other countries may be legally unattainable due to the Supreme Court’s Morrison ruling. Notably, this ruling specifically excludes sales outside of the United States.
Furthermore, Deaton pointed out that XRP is regarded as a non-security in the aforementioned nations and other jurisdictions. Notably, the UK’s Financial Conduct Authority (FCA) and Japan’s Financial Services Agency (FSA) classify XRP as an exchange or utility token rather than a security token. Deaton noted that this distinction makes it challenging for the SEC to enforce disgorgement on XRP sales in these regions.
He further emphasized that selling XRP remains entirely legal in these jurisdictions, according to their respective regulatory authorities, further weakening the SEC’s case for disgorgement.
He then expressed his belief that the likelihood of a $770 million fine is low, as sales to accredited investors and non-U.S. sales, which could account for more than 90% of the total, will likely be excluded from the final disgorgement amount.
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Deaton also highlighted the nature of On-Demand Liquidity (ODL) transactions involving XRP, which occur within seconds. Due to the rapid transaction speed, he argued that harm is practically non-existent in the case of ODL transactions. He also noted that for the 75,000 XRP holders who have joined the lawsuit, any accusations of harm would be directed at the SEC rather than Ripple.
He outlined a highly optimistic scenario in which Ripple may only need to pay a minimal amount, potentially as low as $20 million, in disgorgement fees.
Further, in a playful twist earlier on Saturday, Deaton suggested that if the presiding Judge decides to deduct the $150 million in legal fees that Ripple has already paid, the SEC could potentially owe money to Ripple.
“The Supreme Court ruled disgorgement is not punitive in nature and cannot exceed “net profits” from the sales. A company can deduct legitimate business expenses… After deducting foreign sales, sales to accredited investors, and ODL transactions, if the Judge deducts the $150M in legal fees Ripple paid, the SEC might owe Ripple money.” He tweeted.
That said, Deaton’s latest remarks have stirred up anticipation within the crypto community, leaving many speculating about the final settlement amount and its potential implications for Ripple and its leadership. Nevertheless, amid these legal developments, XRP, Ripple’s native token, has displayed remarkable resilience, surging by about 4% over the past 24 hours to trade at $0.675 at press time.
ild do a lil more research if i were you
No way Stellar has anything to do with FedNow. If that was the case it would be moving up and not being dragged by XRP’s coat tail.
lol...My bad! Just stay with it and thank us later.
Best think to do is forget about it come back after the holidays. / Best of luck!
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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
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