1/6 For everyone who's wondered when "real banks" will use blockchain: they already are. The next 18 months will be about how much, on which chains, and under which set of rules.
One of Europe's biggest banks has put its euro stablecoin on XRP. Here's why that matters. 🧵👇
This content is for informational purposes only and does not constitute investment advice. Digital assets involve risk, including potential loss of principal. Learn more about Evernorth: https://t.co/f1nPiu69OG
JUST IN: @Binance officially adds support for 9 $XRP ETFs, including Evernorth’s $XRPN. 💥
Institutional-grade $XRP exposure is becoming increasingly accessible across global markets. 🌎
@InvestWithD ℹ️
We're building the future of XRP DeFi 🔥
@PaulWavelength breaks down our partnership with @FlareNetworks and the new features coming to help you level up your XRP.
I don’t think any single chain will win the issuance of RWAs… where @FlareNetworks fits is as a chain where those assets can be used and traded privately.
Memorable words by @HugoPhilion. Listen to the whole interview!
🇺🇸 UPDATE: Spot ETF flows last week saw $BTC outflows of $1.11B and $ETH outflows of $728.57M.
Meanwhile $SOL saw $46.34M in inflows and $XRP saw $243.5M in inflows.
Introducing Ignite Market - a prediction market for real-world events, built on @FlareNetworks.
We're early for now. Discord is next. Then the platform. Then the airdrop.
Yes, I said airdrop 👀
With today’s close of Hidden Road (now Ripple Prime), Ripple has announced 5 major acquisitions in ~2 years (GTreasury last week, Rail in August, Standard Custody in 2024, Metaco in 2023). As we continue to build solutions towards enabling an Internet of Value – I’m reminding you all that XRP sits at the center of everything Ripple does. Lock in.
After digesting the @evernorthxrp news.
Let's break down what we can expect from @evernorthxrp on the XRP Ledger and what this means for us.
First Evernorth wants to take an active role growing XRP by utilizing the XRPL, very different from ETFs.
1) 🔹Institutional lending.
Very neat as XLS-65 and XLS-66 bring vaults and a lending protocol onto the XRP Ledger natively. Evernorth can borrow against the $1B they raised to earn yield for their fund.
2) 🔹Usage of compliance tools.
We passed the amendments for Decentralized Identity, Credentials and soon Permissioned Domain and DEX. They can be combined with the lending protocol in 1). Important, as Evernorth is a regulated SPAC entity.
Upcoming on chain privacy for the XRPL for covered balances and private transfers of MPTs will also help with institutional onboarding.
3) 🔹Liquidity provisioning.
Automated Market Makers and limit orderbooks are combined the XRPL DEX. Evernorth can strategically provide liquidity for pools of issued assets like RLUSD to generate yield.
Remember when David said how the XRP paired AMM pools give liquidity providers the exposure to XRP price but also actively growth the investment and participate in the ecosystem - perfect!
5) 🔹DeFi yield opportunities.
Making use of tokenized yield bearing assets and services on the XRPL to grow their fund and provide liquidity for builders. Evernorth in my opinion will attract higher quality yield assets on to the XRPL.
Good we did our homework on interoperability with Axelar to have an easy gateway!
5) 🔹Validator participation.
Evernorth will run a Validator on the XRPL to contribute to the liveliness and decentralization of the network. Benefiting from the network in DeFi means you have an inherent incentive to run infrastructure to support the system. The best incentive is no incentive.
6) 🔹DeFi integration.
Evernorth aims to open all gates for RLUSD on the XRPL, easy on/off ramp. But also integration with aggregators and explorers i'd count in as well. Make the XRPL the entry point for institutions into DeFi!
7) 🔹Market Development.
The famous bootstrapping. Evernorth is looking to providing liquidity for participating projects and expand XRPs utility on the XRPL.
In the pursuit of growing the Evernorth fund they indirectly help the XRPL in key areas to grow and be the hub for DeFi that's suited not for the 5% of enthusiasts but for the 95% of average people in the world.
It feels everything is coming together and i can't wait to see everyone participating and supporting this effort.
Here we come!
Bitwise says $XRP can hit $30.
The only reason? You. The #XRPArmy
While Bitcoin maxis fight, Ripple’s building. And the world is waking up.
Hold #XRP tight. The next move won’t wait for hesitation.
💥Several $XRP maxis have been talking smack to me about what will outperform this bullrun. This post is for those ass holes.
I just want to point out that $FLR has started to pull some big gains compared to other projects and should continue this trend to mind bending gains
Bookmark this post and watch FLR out perform #XRP and most other assets this run
Enjoy the show everyone🫡