@CatfishFishy@coinbureau Agreed. The study highlights the single instant snapshot as the issue, but did they expand on why multiple oracles would help vs. just using a TWAP style average? It’s literally reporting the market price at that moment.
@GodsBurnt True, I just hope the task force doesnt go this way too when the numbers dont match the narrative. Would love to see a real solution to their methods of measuring inflation. I do believe he wants to “grow” out of this in the end though.
@GodsBurnt The dot plot showed 9/18 projecting atleast one rate hike by the end of 26. Same metric you point to for the opposite. So 50/50 with inflation rising according to their narrative so thats what makes me lend that way. If they were covering up inflation I would lean the other way.
Now this is the real last mile. Should be easy enough but this is what is stopping most institutions from using most crypto solutions whatever that may be. After the clarity act and Basel reform, thats when the real race starts 🏁
JUST IN: Six U.S. senators urge Fed, FDIC, and OCC to reform Basel capital treatment of digital assets, calling 1,250% risk weight a de facto ban on bank crypto holdings.
I’m glad more people are finally recognizing the XRPL for what it is. A high performance institutional settlement layer. And it won’t be the only one. There will be complementary approaches like Chainlink’s oracles and cross chain infrastructure for example.
The substantially low fees are exactly the catalyst I saw from the beginning for driving real adoption. They let builders and institutions settle high volumes of stablecoins like RLUSD, USDC, and PYUSD plus tokenized assets in a way that actually saves money on operations, liquidity management, and 24/7 processing compared to old legacy systems. This is why they would want to participate. We are not bottlenecking their business. We are unlocking real efficiency at scale.
As David Schwartz has put it, no incentive is the best incentive. This was not aimed at speculative holders but at actual users of the network who need its core qualities. Speed, native asset support, finality, and minimal friction.
Sorry to those who thought institutions would start by buying XRP directly. That was never realistic as the first step. Only once the ledger integration clearly saves them money on paper with measurable gains would holding XRP as a reserve or liquidity asset make strategic sense. At this stage why would they? People wanting everything all at once ignores how real enterprise adoption works. Utility and proven savings first. Strategic holdings later.
It is with profound sadness that we announce the unexpected passing of Nathan Allman, Ondo's founder. Our hearts are with his family and loved ones.
Nate’s brilliance, humility, and drive shaped every part of what Ondo is today. His belief in the power of technology to create a more open, accessible financial system lives on in everything we build. The impact he had on this industry, and on all of us personally, cannot be overstated.
Nate also helped us build a durable organization with experienced leaders across all facets of the business. Ian De Bode, Ondo Finance’s longtime President, will serve as CEO. Ian has been leading our strategy, product, and day-to-day operations for over two years and has the full confidence of the leadership team.
We will continue building what Nate started. That is the most meaningful way we know to honor him.
Chainlink supplies the trusted data feeds and orchestration layer that automates eligibility, valuation, margining, optimization, and generates settlement instructions, but the actual settlement (token transfers and ownership updates) occurs on DTCC’s own Collateral AppChain, not on or by Chainlink.
JUST IN: SEC Chair Paul Atkins says the agency is exploring rule changes for onchain markets, including trading systems, brokers, clearing agencies, and “crypto vaults.”
“A single protocol can execute a trade, manage collateral, route liquidity… and settle the transaction.”
Ironically, long enough into the future you guys will come to appreciate the “boring” and realize its a massive competitive advantage. If you are a bank or institution looking for predictable, low risk, enterprise grade infrastructure that slots cleanly into their existing multi billion dollar tech stacks without creating new headaches, here is your answer.
@TERRYTOTO_XRPL I think the biggest misunderstanding today is that XRPL provides features like a DEX, stablecoins, NFTs, and so on without using smart contracts, as core ledger features.