Grand Master Jedi
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It wouldn’t be based on the Worlds Bank Currency. The World bank categorized XRP and XLM as stable coins. The price of a stable coin is based on whatever they peg it to. My point is that if they used XRP as a stable coin they would have to price it high and peg it to whatever necessary to have it at that price.
Oh my no. A stable coin for the world bank would not be $1 because of how much XRP it would take to send $100M lets say so were talking a high stable coin price. At $100 price it would take 1M XRP to send $100M from Bank of America to the World Bank and that still sounds like too much XRP. The higher the price the less XRP is needed.
Sean McBride, who earlier served as a director at Ripple, hinted that XRP could evolve into a stablecoin amid World Bank recognition. Why hasn’t Ripple ever allowed a stable coin on the XRPL? This is very interesting and may soon grow legs.
This got my attention: “XRP Recognized as Stablecoin by the World Bank, Claims Former Ripple Director”: https://coinpedia.org/news/former-ripple-director-says-world-bank-tags-xrp-as-stablecoin/
Brutal….
Well said. I saw that he was selling and and wonder if he’s done selling his block yet.
Its coming….
BKKT breaking all time high….lets roll!
Daddy need a new pair shoes….lets roll baby!
Charts are good but there no crystal ball—best to be used for day trading. In and out plays.
What do you mean picked? Don’t they already do custody?
Here, here
Thanks for the feedback
52 week high $1852? Holy moly….
I don’t but Im tempted to jump in here…
Lets go!
Gorgeous!
Thumbs up!
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$$$
What is going here?!?
Hey, Wooden Indian, blessings to you. I hope you’re doing well friend.
What is exactly in the pipeline here? Ticker change and impending merger? Feedback is appreciated
HODL strong! The writing is on the wall—crystal clear.
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
I use to post about the coming tsunami that XRP was going to bring but I was 6 years too early.
The only difference now compared to then is the size of my bag! Yoda never threw in the towel and Im going to really enjoy whats coming.
Been waiting a long time boys! Hgmmmmmmmm!!!
HODL THE LINE….
The Tsunami is finally upon us…
HODL
XRP is moon bound. You can hate XRP all you want but its not going to stop this train. Even the SEC tried to stop the Ripple train and look what happened to them. The catapulted Ripple into the limelight and in the process got clarity for XRP by a matter of law. In my opinion, after everything that’s happened with the SEC, Ripple deserves some respect for setting precedent.
Absolutely and same here….large bags!!
$$$$XRP$$$$
Will check it out and well done on snatching up that bank roll. Bravo.
Gman! Good to see you’re still here. Thumbs up amigo
$$$$$$$$
Ill say it again—XRP and XLM will both perform well because they both have UTILITY not to mention what Ripple and Stellar are doing. If Ripple doesn’t have your respect after beating the SEC then it never will. The whole market owes Ripple a thank you for setting precedent. You think XLM is the golden goose and XRP is a losing bet? Well—I disagree. If someone buys or sells crypto based on the bulletin boards or on what your saying then they just don’t know enough yet. I could give a hoot what anyone says about XRP because Ive been following this since December of 2017. You’ve been here for a long time as well singing the same tune against Ripple and XRP—at least you’re consistent. Im all in with XLM and look forward for the move north but this is the XRP board or is everyone posting XRP and XLM here?
Ripple going public will only be a win for us because their native coin is XRP. Its going to generate a lot more interest in XRP as more people will start looking into XRP and will learn more about its utility. Everything changes when you’re a public company as more people talk and research public traded companies.
More will learn how XRP is the only crypto in the market thats not a security by a matter of law. Ripple will start publishing quarterly reports, which they already do, but market reports like 8k, 10k and the smaller reports will make them more transparent. This will legitimize Ripple and XRP even more as no private companies act like Ripple in publishing quarterly reports which is why they get scrutinized so much. If all crypto companies published quarterly reports everyone would shut up real quick about Ripple.
Also, a post market a surge in Ripples stock price would generate more interest in XRP. I believe such a scenario would lead to an upswing in XRP’s value. Should the stock price breach the $500 threshold, XRP’s price breaking back into dollars could be within reality.
I wonder how the would have to report the XRP they hold in escrow. Since Ripple doesn’t have access to those funds until they are released from escrow I don’t think they can put it on their balance sheet. An asset must be controlled by a company to be able to report it on its balance sheet as an asset.
Lets go! $XRP
Yes—its a matter of time!
Thumb’s up amigo….
Anyone who talks in absolutes when it comes to charting is either mislead or trying to mislead. Charts are good as they reveal patterns but there no crystal ball. Now saying it looks like XRP may hit .30 again because of these indicators is fair game but not that its 100% going too.
I haven’t posted here in some time, but regardless, its always been a good board to share info with. This QFS Ledger nonsense looks like a scam to me as I can’t find any legit organization saying that its needed. I’ve told people not to do this—don’t transfer your crypto to a so called QFS Ledger or Quantum Ledger wallet under the direction of ANY social media handle. The biggest red flag is there are multiple handles saying literally the same exact thing. When you see that you know something is wrong. They first get your attention through fear by saying you’re going to lose all your assets if you don’t move them onto a QFS wallet by the time the new QFS goes live. There after they’ll ask you to DM them so they can guide you through the process. Yeah, to guide you? Only thing their guiding is all of your assets onto their wallet. Scum of the earth people. When Ive asked why I have DM they say its because the information is so secure that they can’t share it publicly? Lol. In my opinion this this a SCAM! ❌ Don’t fall for it.
Heres an example of the duplicates posts they share:
It’s amazing how many duplicate posts I’ve seen like this since I’ve been looking up this QFS wallet. You all either bots or just scammers with different handles. pic.twitter.com/3UdJNdhYEz
— Lion of Judah (@LibertyMutual8) September 21, 2023
Long time no talk WI. Okay, thanks for the reply. When I get confirmation about whats true and false about this Ill share it here as well.
I usually don’t have trouble trying to verifying if theres any truth to this QFS wallet talk. I’ve been getting different handles messaging me about setting up my QFS wallet or Ill lose my assets from my cold storage wallet when the new QFS goes online. Their saying peoples wallets won’t be able to connect to the new system and we’ll be locked from outside the box. Ive asked these people to send me info to read up on this and they all say the same thing. Its not safe to share any info publicly and to DM them and they’ll guide me into moving my assets to a QFS wallet. I’ve been in this space since Jan of 2018 and know when something doesn’t sound right and this doesn’t sound right—like at all. Its a serious thing to ask someone to move all their assets onto a new wallet under the guidance of some stranger. Go pound sand. Scum of the earth scammers. My thought is that if any of this info is true these scammers are manipulating it to get people’s assets. Im trying to find out if theres any truth in having QFS wallets for new system and Im not seeing it. I’ve looked on the Nano Ledger website and I don’t see any information about QFS or a QFS Ledger wallet. I did find one but its on a website that looks different then the regular Shop Ledger site. Looks like a scam to trick someone. If one has to update their Nano X or Nano S for the new QFS system then it would be on the regular website. Has anyone heard any credible information about this?
Real Ledger Site: shop.ledger.com
Not Ledger Site but looks like it: quantum-sl.com/en.html