I'm delighted to announce that @quantnetwork has been selected to create the new payments infrastructure and bank technology of the UK's Tokenised Sterling Deposits (GBTD), a groundbreaking financial market infrastructure initiative led by UK Finance, in collaboration with major commercial banks including Lloyds, Barclays, HSBC, NatWest, Santander and Nationwide.
Our technology has been chosen for its proven capabilities in interconnecting and interoperating diverse systems and enabling #programmability across different forms of money, building on our successful delivery during the #RLN's initial experimentation phase.
This milestone goes beyond improving #payments, it's about enabling new forms of #programmablemoney that will fundamentally transform how value is moved and managed.
Learn more about the project here: https://t.co/ReAp0lIQpX
Announcement: https://t.co/ao1OdwsEs1
News: https://t.co/frhfU5tnqP
#GBTD #TokenisedDeposits
We're delighted to announce that Quant has been selected to create the new #payments infrastructure and bank technology of the UK's #TokenisedSterlingDeposits, a groundbreaking financial market infrastructure initiative led by @UKFtweets, in collaboration with major #commercialbanks.
Building on our successful delivery of critical infrastructure components during the initial #RLN experimentation phase in 2024, the project will deliver tokenised sterling deposits (GBTD) and #programmablepayments against three transformative retail and wholesale use cases.
Read more about our involvement here: https://t.co/EKsRB9BAlu
Announcement: https://t.co/XHcbmdvPWM
News: https://t.co/7QHgsV2qUD
#GBTD #TokenisedDeposits
Today marks a defining moment in financial history.
I’m proud to announce the launch of #QuantNet by @quantnetwork, the world’s first programmable infrastructure and network that fundamentally transforms how banks connect to #tokenisedmoney and #digitalassets.
QuantNet enables banks to coordinate asset and cash flows across siloed networks without replacing a single system they already trust. This is orchestration without disruption, innovation without compromise.
Discover how QuantNet is connecting the future of money and markets:
https://t.co/w251hm0YUe
#TheInfrastructureOfMoney #QuantNet #TokenisedMoney #DigitalAssets #SettlementInfrastructure #Sibos2025
True to our long-standing compliance roots, @Ripple is applying for a national bank charter from the OCC. If approved, we would have both state (via NYDFS) and federal oversight, a new (and unique!) benchmark for trust in the stablecoin market.
Earlier in the week via @StandardCustody, we also applied for a Fed Master account -- while Congress is working towards clear rules and regulations, and banks (in a far cry from the years of Operation Chokepoint 2.0) are leaning in, this access would allow us to hold $RLUSD reserves directly with the Fed and provide an additional layer of security to future proof trust in RLUSD.
Ripple always has and will continue to build trusted, battle-tested and secure infrastructure. In a $250B+ market, RLUSD stands out for putting regulation first, setting the standard that institutions expect.
Ripple is dropping our cross appeal, and the SEC is expected to drop their appeal, as they’ve previously said. We’re closing this chapter once and for all, and focusing on what’s most important – building the Internet of Value. Lock in.
On Monday 5 May, the European Central Bank @ecb announced that @quantnetwork has been selected to work on the ECB’s #DigitalEuro project as a pioneer partner.
We will play a key role in helping the ECB to develop a secure, trusted and private digital euro, with the #programmability and efficiency of modern #digitalpayments.
Learn more here: https://t.co/J5KdFkRVwG
#ProgrammableMoney
The final crossing of t’s and dotting of i’s – and what should be my last update on SEC v Ripple ever…
Last week, the SEC agreed to drop its appeal without conditions. @Ripple has now agreed to drop its cross-appeal. The SEC will keep $50M of the $125M fine (already in an interest-bearing escrow in cash), with the balance returned to Ripple. The agency will also ask the Court to lift the standard injunction that was imposed earlier at the SEC’s request. All subject to Commission vote, drafting of final documents and usual court processes.
That’s all folks!
Dear Friends, My time on X has come to an END.
I had no idea that when I saw that article about the Ripple lawsuit back on Christmas 2020 (yes, that long ago!), that it was the Christmas gift that would take me to places I never imagined.
Thank you for being on this journey with me and for trusting me through it all. I am only proud that I saw it through to the end and did my best to keep you informed (and hopefully a little entertained).
Now is the time for me to focus on some other things - maybe some new adventure. If you ever need me, come and find me!
I wish all of you the best in life. Find yourself a good woman (if you haven't already) and hold her tight, it's my final advice. :)
"Well, here at last, dear friends, on the shores of the Sea comes the end of our fellowship in Middle-earth. Go in peace!" -Gandalf
2025 is here and the Trump bull market is real. For Ripple, this is even more personal after Gensler's SEC effectively froze our business opportunities here at home for years. The optimism is obvious and very deserved.
Today:
✅75% of Ripple’s open roles are now US-based, while over the last 4 years, the vast majority of hires were outside the US
✅We signed more US deals in the last six weeks of 2024 (since the election) than the previous six MONTHS
Team Trump is already jumpstarting innovation and job growth in the US with Scott Bessent, David Sacks, Paul Atkins and others at the helm, and they aren’t even in office yet! Say what you want, but the “Trump effect” is already making crypto great again – through his campaign, and in the Administration’s day 1 priorities.
📢 Linux Foundation Decentralized Trust has added #Wanchain to its approved vendor directory. Find out more here 👉 https://t.co/GqvgwCIiRv
🤝 We're proud founding members of @lfdecentralized, the global open-source foundation for decentralised technology.
#Crosschain $WAN
$PEPPER 𝐁𝐔𝐑𝐍 𝐂𝐇𝐀𝐋𝐋𝐄𝐍𝐆𝐄 𝟏𝟎 🔥
EVERY RETWEET 🔃 = BURN 10B $PEPPER
It is as easy as it sounds, just hit the retweet button, and we will burn 10B $PEPPER for every single RETWEET.
Max amount to burn: 11,600,000,000,000 $PEPPER.
#PepperPeople ⚡️ $CHZ
🚨BREAKING: @Ripple’s stablecoin $RLUSD will go live on Tuesday, December 17th.
📌$RLUSD will initially be available on @UpholdInc, @moonpay, @ArchaxEx and @CoinMENA, with additional listings on platforms such as @Bitso, @Bullish, @Bitstamp and others in the coming weeks.
📌Early next year, Ripple Payments will use $RLUSD to facilitate global payments on behalf of its enterprise customers.
📌Ripple will add two new members to its advisory board: Former Governor of the Reserve Bank of India Raghuram Rajan and former First Vice President and Chief Operating Officer of the Federal Reserve Bank of Boston Kenneth Montgomery.
📌Rajan and Montgomery will join existing board members former @FDICgov Chair Sheila Bair, Vice Chairman of Partners Capital @DavidPuth, and Ripple co-founder and Executive Chairman @chrislarsensf.