This week the BIS tested XRPL to verify official stats. They used it “because of its low nominal fees, fast consensus finality,” and said checks were “fast enough for interactive use.” Not a partnership. Still a signal for institutional settlement. XRP +7%.
Call it what it is. The ripple:native Ledger just got written into a BIS proof of concept as the layer that makes official data verifiable. Years of “show me the utility” just got an answer in public. Utility first. Price later.
🚨HUGE: The BIS owned by 63 central banks just wrote a paper on $XRP!
This is getting ridiculous for $XRP, the BIS members represent 95% of world GDP!
And now they’ve published a new working paper where BIS researchers actually built and tested a system using the XRP Ledger.
How much more obvious does this get?
The institution at the centre of global central bank cooperation isn’t just discussing blockchain anymore its researchers are building and testing on XRPL.
BREAKING: SEC CHAIR ATKINS JUST SAID THE SENATE WILL PASS THE CLARITY ACT IN LESS THAN 2 WEEKS
"I ANTICIPATE THAT IT WILL PASSED AND ULTIMATELY SENT TO PRESIDENT TRUMPS DESK FOR HIM TO SIGN"
I KNEW I LIKED THIS GUY!
BREAKING: SEC announces a Sept. 17 roundtable on preparations for 24-hour trading, with NYSE, Nasdaq, Robinhood, Citadel Securities, & more participating.
This proposal would streamline and modernize the Commission’s rules to reflect transfer agents’ current processes and operations, including the use of electronic communications and blockchain technology in connection with securities offerings and the transfer of shares.
You know $XLM has a BIG future when Stellar CEO Denelle Dixon is talking like THIS.
Her message on the CLARITY Act caught me because it flips the usual story completely.
She isn’t waiting for regulation to suddenly convince institutions to use blockchain.
According to Dixon:
“The floodgates have already opened.”
That matters.
Goldman, JPMorgan and Citadel are already running live blockchain trading tests.
The SEC and CFTC are already engaged with the industry as this moves forward.
And Stellar itself has gone from roughly $1B to nearly $4B in tokenized real-world assets since January.
That’s almost 4X in the same year.
So Dixon’s argument for CLARITY is different.
The institutions are already coming.
The assets are already being tokenized.
The activity has already started.
What CLARITY can do is give that progress something much harder to reverse if political control changes and the White House flips in 2028.
That part really matters to me.
You don’t want the future of tokenized finance depending on which administration happens to be in power.
You want rules that survive the political cycle.
And while Washington works on making that permanent, Stellar is already approaching $4B in real-world assets onchain.
That’s what makes me so bullish on $XLM.
This isn’t a story about waiting for the starting gun.
According to Denelle Dixon, the race already started.
CLARITY Act would help make sure nobody can easily send it backwards.
IYKYK!
JUST IN: The SEC clears @evernorthxrp's registration to list as an $XRP treasury company on Nasdaq under ticker $XRPN.
Backed by @Ripple, @PanteraCapital, @Krakenfx and SBI Group, with a shareholder vote on September 30.
Tokenization just crossed the point of no return.
BlackRock, JPMorgan, Goldman, DTCC, Coinbase and a growing list of banks are already moving Treasuries, bonds, private credit, gold and equities onto new rails.
The gap between infrastructure and price is the opportunity.
Crypto-backed mortgages have moved in.
Borrowers in the US can now use Bitcoin as collateral for a down payment - without having to sell it or face margin calls.
Plus, Coinbase One members can get up to $10,000 back at closing.
No August doldrums in DC this week! It was great to join the inaugural @CFTC Innovation Advisory Committee (a group I've called "the Olympic roster of crypto.") But for a ���crypto” gathering, there were a LOT of TradFi players in the room like @NASDAQ, @CMEGroup, @CBOE, @OptionsClearing, @NYSE, @The_DTCC (alphabet soup!)
Everyone was in agreement. Rules written for a different era aren’t good enough. Not for consumers. Not for business. Not for innovation.
I made this case in an open letter to Congress back in 2019. Seven years later, we STILL need clear rules…. Thanks to the Trump administration, appointees like @ChairmanSelig, and a myriad of bold leaders in Congress, we’ve never been closer.
https://t.co/PS1W516Xk5