@jackmallers@TuckerCarlson Knowing who created bitcoin is not the mains issue. Who controls what happens with Satoshi’s wallet? That uncertainty is what institutions and governments aren’t going back and forth about.
There are a few things that matter if a digital asset is going to be taken seriously as part of real financial infrastructure:
Price stability
Network reliability
Consistent transaction volume
Strong partnerships and institutional support
XRP checks all those boxes and continues to grow as next-gen financial infrastructure.
I am honored to be invited to testify in front of the Senate Banking Committee this Wednesday on the need for passing crypto market structure legislation. Thank you to @BankingGOP Chairman @SenatorTimScott, @SenLummis and @SenRubenGallego (as leaders of the Subcommittee for Digital Assets). Your leadership - both with this hearing and over the years in championing the crypto industry - has been critical to getting us to this important moment.
Constructive crypto market structure legislation in the US is imperative in bringing about a new era of innovation and financial opportunity, while protecting consumers.
Several analyst believe Elon will announce #Stellar $XLM as the official cryptocurrency of the X platform, the value of XLM could skyrocket to historic levels. Some even suggest that $XLM could compete directly with giants like $BTC & $ETH in terms of market relevance. 😎 🚀💎
🚨 Potentially HUGE for $HBAR!!!
Most people don’t know this, but the DTCC and $HBAR are currently exploring processing $QUADRILLIONS per year on Hedera!!! 🤯
🤔 What is the DTCC❔The Depository Trust & Clearing Corporation is one of the world's largest securities depositories and a key player in post-trade market infrastructure.
💸The DTCC acts as the middleman that ensures that when you buy or sell stocks, bonds, or derivatives, the transaction is completed smoothly and securely.
⚡️Why Hedera? DTCC has chosen Hedera Hashgraph due to its unique capabilities like high transaction throughput, low latency, and cost-effectiveness, which are vital for handling the high volume of transactions in financial markets.
Ħ - DTCC is looking at using Hedera's DLT for projects like asset tokenization, where traditional securities are converted into digital tokens. This can significantly reduce settlement times, enhance transparency, and cut operational costs.
💥 Potential Transaction Volume is INSANE!!! 🤯 🤯 🤯
💲The DTCC processes transactions worth $TRILLIONS of dollars annually. For instance, in a recent year, they handled transactions with a notional value exceeding $2.1 QUADRILLION.
🤩 If a portion of these transactions moved to Hedera's network, it would imply a massive volume for HBAR. 📈
What does this mean for $HBAR?
🔥 With more transactions on Hedera's network to service DTCC's operations, there would be an increased demand for HBAR, the native cryptocurrency used for transaction fees. This could naturally lead to a higher valuation of HBAR due to increased utility and potential scarcity. 🚀
🏦 This partnership could propel HBAR's price if institutional adoption accelerates. We know ETF Applications have been made and more are rumoured! 😜
If (more like WHEN, imo 😉) this is confirmed this will be an absolute GAME CHANGER for Hedera!!
Stay tuned and FOLLOW me for updates! 😎
If you found this interesting please repost for others to learn! 🙏
The future is built on Hedera!
🚀 🔥 💵