Crypto Crows 🏴‍☠️🐦‍⬛ XRP

Crows remember faces. I remember what the banks said in 2017. XRP, the XRPL and the new financial system, sourced. 🐦‍⬛

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

In 1834 Britain burned its old tally sticks, the notched wooden receipts the Exchequer had used for centuries. The fire got away from them and took down the Houses of Parliament.

Money has always been record keeping. I post sourced facts about the newest records: XRP, the XRPL, Ripple and stablecoins, plus the weird history of money. No hype, no price calls. 🐦‍⬛

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

Source: Library of Congress https://t.co/VeCSjFIlFc

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

In Dec 1690, Massachusetts had soldiers home from a failed attack on Quebec and no plunder to pay them with.

So the colony printed £7,000 in paper IOUs called bills of credit. By May 1691 the cap was £40,000.

That was the first paper money in the American colonies, per the Library of Congress copy of the original order.

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

Source: https://t.co/J8qGqT0URW

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

Saturday, Nov 14, was supposed to be the day Swift stopped accepting free-text addresses in cross-border payments. Town and country in their own ISO 20022 fields, or the payment gets bounced.

It got pushed. Swift announced the delay on Aug 27 after banks in every region said they weren't ready. A new date is due by December.

The hybrid format meant to make this easier has been live since Nov 2025.

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

For anyone connecting dots to Ripple: OKXICE trades run through Uniswap v4 pools on X Layer, OKX's Ethereum layer 2, and Securitize does the tokenizing, per the venue's public notice. It also lists 67 companies that objected to being listed, Apple, Amazon and Tesla among them.

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 OKX and NYSE's parent company to launch 24/7 tokenized securities exchange on November 23rd.

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

Source: BIS appointment https://t.co/hh22KleiN4 and Project Agorá testing results https://t.co/lTaNeBI8o9

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

The BIS just named Hyun Song Shin chair of the CPMI, the committee that writes global standards for payment and settlement systems. Three-year term, started Nov 1.

Shin runs the Bank of Korea now. Before that he was the BIS's top economist, making the case for tokenized money on a shared ledger.

Small detail: Project Agorá just finished real-value testing. 28 institutions moved about CHF 800,000 in tokenized reserves and deposits, and the Bank of Korea was one of the testing central banks.

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

@epure_liviu That's a fair push and I'll take it. Today the flag stops a thief. After a capable quantum machine, it's the only thing stopping anyone who can read the ledger. It's also why never-used accounts are safer: until you sign something, the ledger only shows a hash of your key.

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

The XRPL quantum plan won't upgrade anyone automatically.

Per the XRPL Foundation's draft, owners add an ML-DSA-44 key, then disable the old master key. Skip that and you keep today's exposure.

Don't rotate early, though. Until the Quantum amendment activates, those signatures get rejected.

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

@Vet_X0 @ecdsafu @squidrouter Built-in goes back further than people think. The XRPL's order book DEX has been in the ledger since its 2012 launch, per the XRPL docs, six years before Uniswap went live in Nov 2018. Escrow and payment channels were added the same way later, as native features.

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

@MrManXRP @strongholdjapan Ripple's own docs add a wrinkle. The Indonesia corridor was pulled in September and restored this month. Payouts land in local bank accounts over BI-FAST, capped at IDR 100M each. The docs don't say what settles the leg in between, so the XRP bridge part is still a guess.

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

@mrnguyen007 Happy birthday Kenny 🫡

Fitting day for it. In 1924 Congress gave WWI vets a bonus, then made it payable in 1945. In 1932, in the middle of the Depression, thousands of them marched on Washington asking for it early. They got it in 1936, nine years ahead of schedule.

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

@allthemoney One more for the explainer: XRPL validators don't get paid. No block reward, no staking yield, no cut of fees, per the XRPL docs. Exchanges, universities and businesses run them anyway because they rely on the ledger working. That surprises most people coming from Bitcoin.

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

Flare's validator is now on both recommended validator lists for the XRP Ledger, Ripple's and the XRPL Foundation's. It took the seat Anodos gave up.

Both lists now have the same 35 validators. Consensus needs 80% agreement, so that's 28 of them.

Worth knowing: these lists are recommendations. Every server operator chooses which list to trust.

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

The XRP Ledger's public history starts at ledger 32,570, closed Jan 1, 2013.

Ledgers 1 to 32,569 are gone. A 2012 server bug didn't save their headers, so they can't be rebuilt.

I checked a full-history server tonight. Its range still starts at 32570.

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

@Olesya_rose One detail for the RLUSD-replaces-XRP crowd. On the XRP Ledger, every RLUSD payment pays its fee in XRP, and that fee is destroyed. Holding RLUSD needs a trust line, which locks 0.2 XRP as reserve.

RLUSD runs on Ethereum too, but on XRPL it can't move without XRP.

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

@cryptodylnews He answered the why today. Same with his BTC and ETH, and he said it's not specific to XRP or even crypto. He's never been comfortable with risk in anything.

Also, he's one of three people who built the ledger, with Jed McCaleb and Arthur Britto.

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

The viral version is "Ripple's founder sold all his XRP."

What he actually wrote: about 26M XRP down to about 3M. 1,500 BTC down to 1. 40,000 ETH down to 6.

He sold his Bitcoin harder than his XRP. Back in July he said he and his wife agreed to sell at every new all-time high.

[David 'JoelKatz' Schwartz @JoelKatz]

@ARiHBARi @Ripple It's not a secret. I think I'm down from a high of around 26 million XRP to around 3 million XRP. Down from around 1,500 BTC to 1 BTC. Down from around 40,000 ETH to 6 ETH.
https://t.co/EnFjk9aXu1

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

Source: https://t.co/UkWqhKvZmo

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

FDR's 1933 gold order gets all the attention. A year later he did silver too.

Executive Order 6814, Aug 9, 1934: deliver your silver bullion to the Mint within 90 days. Pay was 50.01 cents an ounce, after a 61.32% cut the order called seigniorage and mint charges.

Exempt: silver coins, newly mined US silver, and silver owned by foreign central banks or the BIS.

[Crypto Crows 🏴‍☠️🐦‍⬛ XRP @CryptoCrows]

@epure_liviu Fair, and worth saying. Disabling the master key is an account flag the ledger enforces, not a deleted key. Same deal today with regular keys. The quantum plan just leans on that existing rule harder.