Ripple (XRPUSD)

[europa7]

XRP Ledger Ready to Adopt Tokenized Gold, Silver in Q3, 2024
https://u.today/xrp-ledger-ready-to-adopt-tokenized-gold-silver-in-q3-2024

XRP Could See Trillions Inflows with XRPL Grabbing 1% of $1.4 Quadrillion from Tokenization Market
https://timestabloid.com/xrp-could-see-trillions-inflows-with-xrpl-grabbing-1-of-1-4-quadrillion-from-tokenization-market/

Ripple CTO Says XRPL Pivoting to RWA Tokenization Pursued by Firms Like JPMorgan and BoA
https://thecryptobasic.com/2023/11/18/ripple-cto-says-xrpl-pivoting-to-rwa-tokenization-pursued-by-firms-like-jpmorgan-and-boa/

Ripple CTO David Schwartz Shares Timeline for Tokenization on XRPL
https://u.today/ripple-cto-david-schwartz-shares-timeline-for-tokenization-on-xrpl

Ripple CEO Backs XRP Community Amid Major Event: Details
https://u.today/ripple-ceo-backs-xrp-community-amid-major-event-details

"...Takeaways from the summit's sessions are already being shared on social media. "Interoperability. extremely extremely important. If we want to be compelling, we have to be seamless. If we want mass adoption, users need a better experience," the official XRP Ledger Apex X handle highlighted, emphasizing a significant point from Ripple's CTO David Schwartz's presentation at the event.

During one of the key sessions, the Ripple CEO discussed the upcoming stablecoin launch, hinting at the name: "The name of the Ripple stablecoin, the RLUSD, I like to call it Real USD, Ripple USD."

The future of XRP is intertwined with the growth and success of the XRPL. As Ripple pushes forward with new initiatives and partnerships, the community anticipates further innovations and opportunities within the ecosystem..."

Ripple CEO Brad Garlinghouse Says This Is What the Crypto Industry Needs To Focus on To Drive Mass Adoption
https://dailyhodl.com/2024/06/14/ripple-ceo-brad-garlinghouse-says-this-is-what-the-crypto-industry-needs-to-focus-on-to-drive-mass-adoption/

Ripple CTO Predicts 2024 Surge in Real World Asset Tokenization on XRP Ledger
https://www.cryptoglobe.com/latest/2023/12/ripple-cto-predicts-2024-surge-in-real-world-asset-tokenization-on-xrp-ledger/

Ripple Takes the Lead in RWA Integration: XRP Prices Soar, Outpacing Chainlink and IOTA
https://www.crypto-news-flash.com/ripple-takes-the-lead-in-rwa-integration-xrp-prices-soar-outpacing-chainlink-and-iota/

Ripple’s XRPL Bold Leap into Tokenizing Traditional Assets: What You Need to Know
https://coinpedia.org/news/ripple-news-david-schwartz-on-xrpls-bold-leap-into-tokenizing-traditional-assets/

Deutsche Bank joins Singapore's asset tokenization project
"...Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether..."
https://cointelegraph.com/news/deutsche-bank-singapore-mas-asset-tokenization

[Alpha611]

When something works you stay with it.
Just not in this country. They have the best Security.

[europa7]

Ripple Sounds Alarm on Quantum Computing’s Threat to Blockchain Security
https://www.cointrust.com/market-news/ripple-sounds-alarm-on-quantum-computings-threat-to-blockchain-security

[trunkmonk]

GG is a Wiesel in doing the 180. Typical angry little man with power. Unless he is loading up.

[europa7]

interesting trunkmonk...

TON...XRP...not in the same league...? please explain...danke...

Why Did Gary Gensler Do a U-Turn on Cryptocurrency?
https://coinmarketcap.com/community/articles/655f2e54aa328b66d2dea35c/

NEW SEC CHAIR'S COMMENTARY ON Ripple XRP being a BRIDGE CURRENCY in 2018 AS AN MIT PROFESSOR

SEC Chair Gensler Previously Endorsed Ripple’s ODL for Cross-Border Payments with XRP
https://thecryptobasic.com/2023/11/23/sec-chair-gensler-previously-endorsed-ripples-odl-for-cross-border-payments-with-xrp/#:~:text=Gensler%20Acknowledging%20XRP%20and%20Ripple,transactions%20between%20different%20fiat%20currencies.

”Gensler quote (from MIT lecture?): “You could use blockchain, but the current thinking is you need a bridge currency in between, and that bridge could be a stable value that’s backed by the US dollar or the EUR, and it could be a currency like … Ripple has an alternative it’s just piloted in May [2018].

US Supreme Court signals it could limit SEC in-house enforcement
https://www.reuters.com/markets/us/us-supreme-court-weighs-legality-sec-in-house-enforcement-2023-11-29/

The Supreme Court Should Curb the SEC’s Excessive Penalties
https://news.bloomberglaw.com/us-law-week/the-supreme-court-should-curb-the-secs-excessive-penalties

SEC Committed 'Gross Abuse of Power' in Suit Against Crypto Company, Federal Judge Rules
https://www.coindesk.com/policy/2024/03/18/sec-committed-gross-abuse-of-power-in-suit-against-crypto-company-federal-judge-rules/

Former CFTC Chair Giancarlo Lays Out Why He Thinks XRP Isn't a Security
"The fact investors buy XRP for different reasons means it's more like a new form of currency than it is a security, says former CFTC head Christopher Giancarlo"
https://www.coindesk.com/markets/2020/06/17/former-cftc-chair-giancarlo-lays-out-why-he-thinks-xrp-isnt-a-security/

CFTC Commissioner Sees Ripple Court Decision as Path to U.S. Regulatory Clarity
https://www.ccn.com/news/cftc-commissioner-ripple-decision-path-regulatory-clarity/

good luck to all of us...cheers...

[trunkmonk]

XRP has not free of SEC yet, TON and XRP are really not in the same league IPO

[europa7]

XRP Gets Flipped by TON
https://coinmarketcap.com/community/articles/666c148261f94034af0a55ec/

interesting....

Is TON coin related to Telegram?
"...Telegram Messenger created TON's blockchain in 2018 and raised $1.7 billion by selling the associated cryptocurrency. But the project was hit by charges from the U.S. Securities and Exchange Commission, which said the token sale violated federal securities laws..."
https://www.reuters.com/markets/currencies/cryptoverse-ton-takes-off-telegram-tie-up-2024-04-30/#:~:text=Telegram%20Messenger%20created%20TON%27s%20blockchain,sale%20violated%20federal%20securities%20laws.

Telegram
"...The Open Network ( TON +6.72% ) is a blockchain platform initially developed by the team behind the popular messaging app Telegram, headed by the Durov brothers, and was created with the aim of integrating cryptocurrency and blockchain functionality into the Telegram ecosystem..."
https://www.theblock.co/learn/298587/what-is-the-open-network-a-beginners-guide-to-ton

https://en.wikipedia.org/wiki/Pavel_Durov

https://coinmarketcap.com/currencies/toncoin/

Top Toncoin Ecosystem Tokens by Market Capitalization
https://coinmarketcap.com/view/toncoin-ecosystem/

HashKey Global Lists Toncoin (TON) amid Growing Ecosystem Hype
https://www.coinspeaker.com/hashkey-toncoin-ton-ecosystem-hype/

TON: Hype or the Next Big Thing?
"...What about the third spot in the blockchain rankings? Could TON be the one to watch?..."
https://gametrademarket.medium.com/ton-hype-or-the-next-big-thing-bf192945ef23

"...This week, TON surged ahead of its competitors with a 1500% increase in its locked-in value (TVL) since the start of the year, with funds exceeding $300 million. Despite skepticism, the market seems poised for a breakthrough.

But Is Everything as Promising as It Seems?
The listing of Notcoin overwhelmed the in-app wallet in Telegram, crashing under the load of just a few million users. Moreover, the coin is currently seventh in market capitalization, excluding stablecoins, far behind others like XRP or Solana in terms of trading volume..."

Is Telegram's $TON Worth the Hype? (Pros & Cons)

[europa7]

Hill Delivers Remarks at Hearing on How Tokenization of Real-World Assets Will Facilitate Efficient Markets
https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409286

Ripple and Archax Partner on Tokenization of Real-World Assets
https://www.pymnts.com/partnerships/2024/ripple-and-archax-partner-on-tokenization-of-real-world-assets/

"...This collaboration brings together Ripple’s enterprise blockchain and crypto solutions and Archax’s capabilities as a U.K. Financial Conduct Authority (FCA)-regulated digital asset exchange, broker and custodian, the companies said in a Wednesday (June 13) press release.

Because Archax works with financial institutions to enable them to tokenize their financial RWAs, this collaboration will allow those institutions to select the XRPL to do so, according to the release.

“We have hit the tipping point for mainstream adoption of digital assets for real-world use cases,” Graham Rodford, CEO at Archax, said in the release. “There is clear real-world utility in use cases like RWA tokenization for the operational efficiency, access to liquid markets and transparency inherent to crypto, and Archax has already tokenized assets such as equities, debt instruments and money market funds.”

The XRPL is an open-source public decentralized Layer 1 blockchain built to power institutional-grade financial use cases, according to the release. Its built-in capabilities include tokenization, a native decentralized exchange and compliance features..."

[europa7]

Ripple Collaborates with Archax to Bring Hundreds of Millions of Dollars of Tokenized Real-World Assets to the XRP Ledger
https://archax.com/insights/ripple-collaborates-with-archax-to-bring-hundreds-of-millions-of-dollars-of-tokenized-real-world-assets-to-the-xrp-ledger

Thanks @bgarlinghouse. Looking forward to working together https://t.co/t0DGFsSLRF

— Graham (@Grodfather) June 13, 2024

[europa7]

XRP Ready For Massive Institutional Adoption Amid Ripple’s Latest Acquisition and Stablecoin Push
https://zycrypto.com/xrp-ready-for-massive-institutional-adoption-amid-ripples-latest-acquisition-and-stablecoin-push/

[dshade]

some good points there

[GreedyAgorist]

Great, Toncoin flipping XRP is looking very inevitable. Just like the way it was last year with Solana. Wish I had got more when it was below 7 bucks.

Every time I see a positive post about this ecosystem, and the token keeps sliding, I am reminded that holding XRP is not equivalent to holding a share in Ripple. In other words, we didn't need a court case and a judge to tell us what we already knew: XRP is not a security. You want to invest in Ripple, you can use Linqto (mentioned in an earlier post). You'll need to be an accredited investor, or maybe become a Financial Advisor. (I think Crypto Eri had links to a course last year to do that.)

Speaking of YouTube influencers, with the exception of the level-headed Eri, I don't know who is worse: all the crypto channels that either dismiss XRP as a matter of course or decry the tokenomics, or the pumpers who make ridiculous pie-in-the-sky price predictions. I'm sorry, at this point, even $10 sounds like complete nonsense. Such a 20x would put it above ETH's current market cap. And, as I mentioned before, UP the market cap list is not the direction we seem to be going.

I just noticed the price of Warner Bros. Discovery. One TON is now worth more than a share of WBD. And they already have them beat on market cap. Not sure that is any consolation. Just saying... it's a new world (with a lot of the worst vestiges from the old still hanging in there). Speaking of which, I have sometimes thought that holding XRP was a hedge against nefarious types like the IMF and WEF. Now we are adding BRICS to that mix? Not sure how I feel about that.

[europa7]

Ripple and Archax Extend Collaboration to Boost Real-World Asset Tokenization on XRP Ledger
https://news.bitcoin.com/ripple-and-archax-extend-collaboration-to-boost-real-world-asset-tokenization-on-xrp-ledger/

"...Ripple, a leading enterprise in blockchain and crypto solutions, and Archax, the UK’s first regulated digital asset exchange, have announced an extension to their existing collaboration on June 13, 2024. This partnership aims to bring hundreds of millions of dollars of tokenized real-world assets onto the XRP Ledger over the next year, positioning the XRPL as a leading blockchain for such tokenization. The collaboration will enable financial institutions to tokenize their assets, creating numerous downstream use cases. This agreement builds upon the relationship established in 2022 when Archax collaborated with Metaco, later acquired by Ripple, to offer digital asset custody services. Both Ripple and Archax share a compliance-first mindset and work proactively with global regulators and policymakers. The announcement was made at the XRP Ledger APEX 2024 summit in Amsterdam..."

[europa7]

The ‘Only Way To Save The Dollar’—Trump And Biden Warned Of Collapse As Fed Prints ‘$1 Trillion Every 100 Days’
https://www.forbes.com/sites/digital-assets/2024/06/06/the-only-way-to-save-the-dollar-trump-and-biden-warned-of-collapse-as-fed-prints-1-trillion-every-100-days/

‘A Very Big Opportunity’—Crypto Suddenly Braced For A ‘Tremendous’ China Earthquake After Bitcoin, Ethereum And XRP Price Boom
https://www.forbes.com/sites/digital-assets/2024/06/10/a-very-big-opportunity-crypto-suddenly-braced-for-a-tremendous-china-earthquake-after-bitcoin-ethereum-and-xrp-price-boom/

Despite SEC Shadows, XRP On Path To New Lifetime Highs as Ripple Boosts XRPL Innovation In Asia
https://zycrypto.com/despite-sec-shadows-xrp-on-path-to-new-lifetime-highs-as-ripple-boosts-xrpl-innovation-in-asia/

[vuletini]

You must be out of your mind Petro

[Mutat]

The Petrodollar collapse could accelerate this movement.

[europa7]

Ripple Announces XRPL EVM Sidechain to Enhance Blockchain Interoperability
June 12 2024
https://www.coinspeaker.com/ripple-xrpl-evm-sidechain/

"...Leading blockchain payment company Ripple Labs has announced plans to roll out Ethereum Virtual Machine (EVM) compatibility to the XRP Ledger (XRPL) through a product dubbed XRPL EVM Sidechain.

According to the announcement, Ripple is responding to the request from the developers’ community amid the mainstream adoption of web3 products and digital assets.

Moreover, the XRPL EVM Sidechain will unlock more opportunities, especially in the real-world assets (RWA) tokenization that has attracted significant attention from institutional investors and retail traders.

Notably, the XRPL EVM Sidechain will exclusively launch on the Axelar network, a programmable web3 interoperability protocol that has already connected over 50 blockchains..."
***

"...continued XRPL development by Ripple will significantly improve XRP’s liquidity, thus guaranteeing the ultimate bullish breakout in the coming quarters..."

[europa7]

80% of Japanese Banks Partner with Ripple, Study Reveals
Jun 6 2024
https://www.coinspeaker.com/80-japanese-banks-ripple/

Ripple’s innovative technology has the potential to reshape the banking landscape, offering rapid cross-border transactions and minimal fees.

"...A recent study sheds light on Ripple’s significant impact on Japan’s banking sector. The study, conducted by industry experts Dr. Hossein Hassani, Xu Huang, and Emmanuel Silva, revealed that about 80% of Japanese banks have partnered with Ripple.

This marks a huge milestone in the convergence of blockchain with traditional finance (TradFi). Ripple remains a leading web3 player in reshaping global banking practices..."

Ripple’s Growing Influence in Japan
"...The Japanese banking industry has been known to be cautious about new technologies such as blockchain. The report revealed a surprising turn of events, with many Japanese banks now embracing Ripple’s technology at an unprecedented rate..."
***

"...Beyond TradFi, Ripple’s Chief Technology Officer David Schwartz has hinted at plans to explore institutional decentralized finance (DeFi), aiming to integrate DeFi protocols into TradFi institutions such as banks and asset managers. By merging the advantages of DeFi with regulatory compliance and customer safety measures of TradFi, Ripple aims to spark a huge financial revolution different from anything the industry has witnessed before..."

[europa7]

XRP Remittances Get a Nod from Mastercard: Ripple Integration Ahead?
https://cryptoadventure.com/xrp-remittances-get-a-nod-from-mastercard-ripple-integration-ahead/

"...Mastercard sees a massive opportunity in digital remittances, with the market predicted to reach $550 billion by 2026, growing at 8% annually. Meanwhile, Ripple forecasts a staggering $250 trillion market for cross-border payments by 2027. Collaboration and leveraging XRP could position both companies to capture a significant share of this booming market..."

Scoring A Win: Mastercard Endorses Ripple For Global Remittances – A Boost For XRP?
https://bitcoinist.com/mastercard-endorses-ripple-for-global-remittances/

New Mastercard report reveals key trends and opportunities to digitize remittances in Latin America and the Caribbean
https://www.mastercard.com/news/latin-america/en/newsroom/press-releases/pr-en/2024/march/new-mastercard-report-reveals-key-trends-opportunities-to-digitize-remittances-in-latin-america/

The future of remittances in Latin America: Digitalization, multiple rails, and the strategic role of partnerships By Mastercard and Payments and Commerce Market Intelligence
https://www.mastercard.com/news/media/ltfpfln3/pcmi_mastercard_the_future_of_remittances_en_march2024.pdf

page 14:
5. Blockchain technology fuels new
remittances business cases
Blockchain technology proposes to
eliminate intermediaries, which can
add cost and delay to cross-border
transactions. Blockchain-based
companies—such as Ripple, Stellar,
and Circle—bring speed and visibility to
international money movement in all
verticals, including remittances.

page 15:
7. Central Bank Digital Currencies
(CBDCs) may help move money
Governments all around the world are
designing their own CBDCs. More than
130 initiatives exist today worldwide.
Several of these projects feature crossborder wholesale CBDCs, which have
the potential to transform international
money movement for all industry actors

Ripple is in talks with “over a dozen governments” for CBDC development, many of
them for cross-border payments.

[europa7]

Ripple to launch RLUSD stablecoin on Ethereum and XRPL this year
https://cryptobriefing.com/ripple-rlusd-stablecoin-launch/

Introducing Ripple USD (RLUSD): A 1:1 USD-backed stablecoin, offering transparency and stability on the XRP Ledger and Ethereum. Coming later this year.

Sign up to receive the latest stablecoin news, content and availability: https://t.co/ifguG77bO6

— Ripple (@Ripple) June 12, 2024

1/ The stablecoin market is booming – around $150B today, and projected to soar past $2.8T by 2028. There's a clear demand for trust, stability, and utility.

That's why later this year we’re launching a stablecoin pegged 1:1 to the USD on the XRP Ledger and Ethereum.…

— Ripple (@Ripple) April 4, 2024

[europa7]

Tokenized Real-World Assets: Unlocking New Investment Horizons
16/04/2024
https://propcaptechnologies.com/en/2024/04/16/tokenized-real-world-assets-unlocking-new-investment-horizons/

"...Hong Kong investors, always on the lookout for innovative opportunities to diversify investment portfolios and potentially generate higher returns, are drawn to the concept of Real-World Asset (RWA) Tokenization amid the Web3 blockchain trend. Understanding this concept reveals new investment potential. Several companies have already tokenized various real assets, creating new opportunities in the market..."

Fubon Bank and Ripple’s CBDC Real Estate Tokenization
"...In May 2023, the Hong Kong Monetary Authority (HKMA) announced the launch of the e-HKD pilot program. Sixteen companies from the financial, payment, and technology sectors conducted in-depth research on the potential use cases of e-HKD in six categories, including full-fledged payments, programmable payments, offline payments, tokenised deposits, settlement of Web3 transactions and settlement of tokenised assets.

Hong Kong-based Fubon Bank, in partnership with blockchain firm Ripple, conducted a real estate tokenization pilot test. This initiative leverages Hong Kong’s central bank digital currency (CBDC), the eHKD, to tokenize real estate assets and enable collateralized lending. Not only does this aim to eliminate counterparty risk, but it also provides investors with real-time visibility into the loan-to-value ratios of the tokenized properties – a feature that aligns well with the investors’ focus on data transparency and risk management..."

About PropCap
"...The First Overseas Property Mortgage Match-Lending Platform in Asia..."
https://propcaptechnologies.com/en/about/

BCG says e-HKD CBDC, tokenized deposits could add HK$160bn to GDP in Hong Kong
https://www.ledgerinsights.com/bcg-gdp-e-hkd-cbdc-tokenized-deposits-could-add-hk160bn-hong-kong/

Ripple Collaborates with Hong Kong Regulator in RWA Tokenization
https://medium.com/@coinness.gl/ripple-collaborates-with-hong-kong-regulator-in-rwa-tokenization-73ada92867aa

Ripple to tokenise real estate in HK CBDC pilot
https://www.bitsofblocks.io/post/ripple-to-tokenise-real-estate-in-hk-cbdc-pilot#:~:text=Ripple%27s%20participation%20in%20the%20Hong,%245%20trillion%20in%20value%20by

Ripple Labs Expands into Real Estate Tokenization, Pioneering CBDC Usability
https://cryptorank.io/news/feed/45fd4-ripple-labs-into-real-estate-tokenization

[ap17]

Grayscale going all in on XRP and holding this in their portfolio!

This could be HUGE for XRP!!!

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🚀

Sol and SHIBA INU are also coins I am holding for the bull run📈

Follow to never miss a crypto update or the latest news🙌

https://www.instagram.com/p/C7wesbxNa8H/

[europa7]

Ripple Announces Tokenized Gold Coming to XRP Ledger in 2024
https://watcher.guru/news/ripple-announces-tokenized-gold-coming-to-xrp-ledger-in-2024

Ripple Bets on Tokenization: XRP, Catalyst for a Crypto Revolution!
https://www.cointribune.com/en/ripple-bets-on-tokenization-xrp-catalyst-for-a-crypto-revolution/

The Tokenization Revolution
https://ripple.com/insights/the-tokenization-revolution/

Ripple Leads the Tokenization Revolution with XRP
https://cryptoticker.io/en/ripple-tokenization-xrp-revolution#google_vignette
"...Ripple is leveraging XRP to lead the tokenization revolution, transforming the future of finance with innovative cross-border payment solutions..."

Tokenized asset market could hit $16T on public blockchains — RippleX VP
https://cointelegraph.com/news/tokenized-assets-public-blockchains-ripple
"...Institutional investors, asset managers and banks are racing to bring financial assets on-chain in a market estimated to grow to $16 trillion in value..."

[europa7]

Labour Wants UK to Be a Securities Tokenization Hub and Advance Digital Pound Work
https://www.coindesk.com/policy/2024/01/31/labour-wants-uk-to-be-a-securities-tokenization-hub-and-advance-digital-pound-work/

"..."Tokenization, which U.K. Finance defines as 'the digital representation of financial assets using distributed ledger technology,' presents a significant new opportunity for the U.K.," Labour said in the document, introduced by Rachel Reeves, the shadow chancellor, and Tulip Siddiq, shadow economic secretary to the Treasury. U.K. Finance is a lobby group representing the banking and finance industry.

Investment bank Citi Group estimated that tokenized assets could be worth close to $4 trillion globally by 2030 in research published last year. That means tokenization could increase liquidity and provide access to new asset classes, the report said..."

[dshade]

keep adding when you get dips.

[europa7]

Digital Pound Foundation...Ripple...
https://digitalpoundfoundation.com
"...We are a member-led forum supporting the introduction of a well designed digital Pound in both publicly and privately issued forms, and a diverse, effective and competitive ecosystem for new forms of digital money in the UK and globally..."

NOTE: it will be interesting to see how this plays out...imo...glta

https://x.com/digitalpoundfdn

1/ The payments industry is evolving rapidly due to shifts in consumer preferences, regulatory changes, and technological innovations. Modern #payment solutions, including #blockchain-enabled #payments, are driving faster, more inclusive, and transparent customer experiences. pic.twitter.com/rGxXmud2vR

— Digital Pound Foundation (@digitalpoundfdn) June 9, 2024

Ripple Launches CBDC Platform for the Development of CBDCs and Stablecoins
https://digitalpoundfoundation.com/ripple-launches-cbdc-platform-for-the-development-of-cbdcs-and-stablecoins/

Why Ripple Partnered The Digital Pound Foundation To Develop CBDCs In The U.K.
https://bitcoinist.com/why-ripple-partnered-the-digital-pound-foundation-to-develop-cbdcs-in-the-u-k/

Ripple to Help Bank of England Build CBDC? Here's Why It May Be So
https://u.today/ripple-to-help-bank-of-england-build-cbdc-heres-why-it-may-be-so

The digital pound
https://www.bankofengland.co.uk/the-digital-pound
"...We are looking at the case for issuing a digital pound. This type of money is known as a central bank digital currency (CBDC). It would not replace cash..."

Bank of England and HM Treasury respond to digital pound consultation
https://www.bankofengland.co.uk/news/2024/january/boe-hmt-respond-to-digital-pound-consultation#:~:text=leader%20in%20finance.-,The%20Bank%20of%20England%20(the%20Bank)%20and%20HM%20Treasury%20have,bank%20digital%20currency%20(CBDC).
"...The Bank of England (the Bank) and HM Treasury have today published their response to the consultation on a digital pound that was launched in February 2023..."

Ripple proof of concept
https://www.bankofengland.co.uk/research/fintech/proofs-of-concept/ripple
"...We carried out a proof of concept with Ripple to explore the synchronised movement of two different currencies across two different real-time gross settlement systems linked using Ripple Connect and the Interledger protocol. We wanted to demonstrate how this kind of synchronisation might lower settlement risk and improve the speed and efficiency of cross-border payments..."

https://www.bankofengland.co.uk/-/media/boe/files/fintech/ripple

[dshade]

Ripple early investment promoter, linqto, going public via SPAC second half of this year. BCSA Churchill Capital Corp VII
https://app.linqto.com/refer-friend?r=l9wdvb4d4s

[europa7]

Crypto industry's lobbying drive will pay off in US elections, Ripple president says
https://www.reuters.com/technology/crypto-industrys-lobbying-drive-will-pay-off-us-elections-ripple-president-says-2024-06-04/

"...Speaking at the Money20/20 fintech conference in Amsterdam on Tuesday, Ripple President Monica Long told Reuters that the PAC is bipartisan and has a single focus: supporting candidates who back the regulations desired by the crypto industry.
"I think as an industry, especially for us companies based in the U.S., we’re frustrated with how far the U.S. is lagging on setting rules," she said. "This whole dynamic of setting rules through enforcement ... is really unproductive and not getting us anywhere."..."

"...Asked if she was optimistic that the U.S. crypto industry's voice will be heard, Long said, "I’m optimistic, yes. I’m hopeful.”
The crypto industry is increasingly trying to influence U.S. lawmakers as it faces heightened scrutiny from regulators and politicians, especially since bankruptcies at major crypto firms in 2022 spooked investors, exposed fraud and misconduct and left millions of crypto investors out of pocket..."

[europa7]

Ripple Stablecoin Set to Disrupt Markets with USD-Backed Launch
https://coinpedia.org/news/ripple-explains-the-significance-of-its-stablecoin-launch/

Story Highlights

-- Ripple is launching a USD-backed stablecoin due to high demand and the potential for growth in the market.

-- Ripple believes its experience and reputation make it a strong candidate to launch a trusted stablecoin.

-- Dubai's progressive regulations make it a good launchpad for Ripple's stablecoin in the Middle East and Africa.

[ap17]

Exactly, and why the corrupt US/SEC doesn't concern me. That 20MM fine suggestion is about to become yet another fraction AGAIN!

Japan: A Favorable Environment for Ripple

"...Ripple CEO Brad Garlinghouse has praised Japan for its supportive environment for XRP and has even considered moving the company’s global headquarters there. In April, Ripple strengthened its presence in Japan by partnering with Tokyo-based HashKey DX..."

[europa7]

Ripple Pours Millions into XRP Ledger Growth in Japan and South Korea
https://coinpedia.org/news/ripple-launches-new-fund-to-boost-xrp-ledger-in-japan-and-south-korea/

Story Highlights

-- Ripple launches new fund to promote XRP Ledger in Japan and South Korea.
-- Ripple sees Japan as a good market for XRP and has considered moving its headquarters there.
-- Ripple's investment strengthens XRP Ledger in East Asia.

Japan: A Favorable Environment for Ripple

"...Ripple CEO Brad Garlinghouse has praised Japan for its supportive environment for XRP and has even considered moving the company’s global headquarters there. In April, Ripple strengthened its presence in Japan by partnering with Tokyo-based HashKey DX..."

[starkd748]

They giving weapons to Russia?

[europa7]

Ripple...2 major acquisitions...new Senior VP of Stablecoins...

2 major acquisitions in ~1 year under Ripple’s belt with Metaco and Standard Custody, and a big welcome @_JackMcDonald_! Jack is no stranger to the XRPL ecosystem (and to me!) – thrilled to have him join team @Ripple, leading our stablecoin initiatives. https://t.co/1y6i1OtK6z

— Brad Garlinghouse (@bgarlinghouse) June 11, 2024

Very excited to share that as part of the deal close, I am joining @Ripple as the SVP of Stablecoins to lead the team bringing Ripple’s stablecoin to market later this year (though remaining CEO of Standard Custody as well)! https://t.co/qIWAeRJ8ll

— Jack McDonald (@_JackMcDonald_) June 11, 2024

[fnyack]

Try one, the double packs a punch to last all day.

[delerious1]

That's not a coffee, that's a milkshake

[fnyack]

I doubt you’ll hold me to anything because when you become a Millionaire I would be erased from your memory. Merry Christmas to you. Hey, you can always buy me a coffee, I like Starbucks Double Tall Latte. GLTU

[delerious1]

I'm going to hold you to this....$10....just sayin"

[fnyack]

XRP = $10.00 minimum by Christmas, hang up your stockings early. GLTA

[europa7]

XRP Healthcare Welcomes 10 Billion Dollar M&A Specialist Whitney Lynn to Head Africa Expansion
https://finance.yahoo.com/news/xrp-healthcare-welcomes-10-billion-073000574.html

"...XRP Healthcare is the first Pharma and Healthcare platform on the XRP Ledger, enabling fast global payments, improving healthcare access in emerging markets, and creating real-world utility by transforming global healthcare through mergers, acquisitions and blockchain..."
https://xrphealthcare.com

interesting...

[europa7]

Ripple partners with National Bank of Georgia to digitize economy
"...Ripple continues to deepen its CBDC collaboration with the Republic of Georgia by exploring ways to digitize the local economy..."
https://cointelegraph.com/news/ripple-national-bank-georgia-digital-economy

Ripple supports global CBDC initiatives
"...uGeorgia's central bank isn’t the only global central bank cooperating with Ripple on CBDC development and related integrations. In addition to Georgia, Ripple Labs has also been involved in CBDC pilots in nations like Colombia, Bhutan, Pulau, Montenegro and others..."

[Wingsjr]

I think we will see this by end of summer. 10 by Xmas.

[ap17]

Nice, and exactly why the US/SEC corruption doesn't concern me AT ALL. I see a fine at 10MM or less for settlement anyway.

[europa7]

Ripple Avoiding US Growth with New Hashkey DX Partnership in Japan
https://www.ccn.com/news/crypto/ripple-avoiding-us-growth-hashkey-partnership-japan/

NOTE: it seems that Ripple may be pivoting more towards Asia for better prospects and friendlier business opportunities...imo...glta...

KEY TAKEAWAYS
-- Ripple partners with SBI Group and HashKey DX to create its own XRP Ledger blockchain solutions, starting with supply chain finance.
-- SBI is the first Japanese corporation to use XRP Ledger for its supply chain.
-- RippleX VP predicts a $16 trillion tokenized market.
-- This strategic decision by Ripple indicates a possible shift in focus from prioritizing expansion within the US.

RippleX VP Forecasts $16 Trillion Market for Tokenized Assets on Public Blockchains
"...RippleX's VP Markus Infanger predicts a $16 trillion market for tokenized assets on public blockchains, highlighting a significant shift in TradFi's adoption of blockchain technology..."
https://coinnounce.com/ripplex-vp-forecasts-16-trillion-market-tokenized-assets-on-public-blockchains/

"...A recent estimate from Ripple forecasts tokenized markets to reach $16 trillion in the coming years, a figure eight times larger than the total market capitalization of the entire cryptocurrency sector..."
https://cointelegraph.com/news/tokenization-unlock-interoperability-across-payments-investments

[europa7]

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

(excerpt...see linked article for more details...)

"...HashKey Group has achieved significant success with its blockchain-powered supply chain finance solutions, which have seen widespread adoption in mainland China. The solution was launched in July 2019, and has currently more than 4,000 companies registered, including 23 banks and 4,300 suppliers. The total trade amount recorded exceeds 7 billion USD, with financing transactions nearing 3 billion USD within the solution.

Leveraging this success, HashKey DX will partner with Ripple and SBI Ripple Asia, a joint venture between SBI Holdings and Ripple, to introduce these supply chain finance solutions to Japan. These solutions will be built on the XRPL, a decentralized layer 1 blockchain renowned for its decade-long reliability and stability in tokenizing and exchanging crypto-native and real-world assets.

As part of this partnership, SBI Group companies will be the first Japanese corporations to utilize this supply chain finance solution. Looking ahead, the three companies will explore further collaboration on various enterprise blockchain use cases that will leverage the robust capabilities of the XRPL..."

https://group.hashkey.com/en

Ripple enters supply chain finance venture with SBI Group and HashKey DX
https://www.finextra.com/newsarticle/44065/ripple-enters-supply-chain-finance-venture-with-sbi-group-and-hashkey-dx

[delerious1]

If Russia is involved here then I hope this fails

[ap17]

NICE!! XRP!!

[europa7]

Mutat...ditto re your observation...you might want to check this out as well...interesting insight and analysis related to the topic at hand by an experienced economics/finance/geopolitics analyst Dr. Jim Willie...imo...fwiw...cheers...

Countdown to Collapse: Dr. Jim Willie's Take on BRICS Currency and XRP

FYI: following is a ~50 sec. snippet from the above interview...for a taste of Jim Willie's view re XRP...

Jim Willie: XRP's Role in BRICS

will be interesting to see how this plays out...glta...

[europa7]

BRICS Considers XRP: A Potential Leap for Cross-Border Payments
https://cryptoadventure.com/brics-considers-xrp-a-potential-leap-for-cross-border-payments/#:~:text=BRICS%20Considers%20XRP%3A%20A%20Potential%20Leap%20for%20Cross-Border%20Payments,-9%20June%202024&text=BRICS%20group%20explores%20XRP%20for,adopts%20it%2C%20as%20experts%20predict.

Take a Look: Could BRICS Nations Propel XRP Price to $10,000?
https://www.crypto-news-flash.com/take-a-look-could-brics-nations-propel-xrp-price-to-10000/

[europa7]

XRP In The Spotlight As Russia Confirms New BRICS Payment System
"...Russian President Vladimir Putin has confirmed the plans to launch a payment system for BRICS with XRP in consideration as a currency..."
By Godfrey Benjamin
June 8, 2024
https://coingape.com/xrp-in-the-spotlight-as-russia-confirms-new-brics-payment-system/

fascinating...go XRP !!

🚨BREAKING: Russian President Putin confirms #BRICS is developing its own independent payment system! 🇷🇺

The Bank of Russia's Novosibirsk has been successfully tested #XRP. XRPL is an open source platform for everyone and can be connected to other Blockchains like the new… pic.twitter.com/KU6rahB187

— JackTheRippler ©️ (@RippleXrpie) June 7, 2024

WOW! 💥

BRICS group is considering a new payment scheme for cross border settlement -#XRP is reportedly under consideration in this payment scheme! https://t.co/gke3hdGXpV

— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) June 8, 2024

[delerious1]

The US and SEC have a huge influence on XRP....they are the biggest economy in the world and have a major influence on Banking etc