chasmal

[chasmal @Vet_X0E]

✅ The best XRP Ledger Lending protocol explainer so far!

Well explained, how it works and what this brings in utility.

Lending, borrowing and collateral management is going to be a major pillar of the XRP Ledger.

[Joel Mun @9oelM]

Made a short video on the Single Asset Vault (XLS-65) on the XRP Ledger.

Before you can borrow on-chain, the money has to come from somewhere. The vault is that shared pool. You deposit, you get shares back, and those shares are your slice of it. If the pool earns, your shares can be worth more when you redeem.

First in a series on on-chain lending.

[chasmal @Vet_X0E]

5 Billion transactions that were executed on the XRP Ledger at low cost, settled in 3-4 seconds and consistently over 14 years.

Looking forward to the next 5 Billion.

[XRPScan @xrpscan]

Looks like the XRPL crossed the 5 billion all time transactions mark 🎉

[chasmal @Vet_X0E]

Institutions and builders mingle on the XRP Ledger.

Get in touch, it's time to build folks.

Good times ahead.

[Cicada Partners @cicadacredit]

@xrpl_commons @Mastercard Get in touch with us If you're building on top of Lending Protocol (XLS-66) and Single Asset Vaults (XLS-65).

We're setup to lend into vaults once the amendments are in production and happy to help participating developers.

[chasmal @Vet_X0E]

$XRP Ledger builders will have a blast this year.

Mastercard is joining as a sponsor for the XRP Ledger Hackathon right before Ripple Swell.

The XRPL is a lean mean settlement machine and perfect for payment use cases.

[XRPL Commons @xrpl_commons]

Mastercard is joining the XRP Ledger Hackathon.
When a payments giant shows up for a builder weekend, you know the ideas coming out of that room are going somewhere.
New York. October 24–25. Register now: https://t.co/sR7CQfJkyx

@Mastercard

[chasmal @Vet_X0E]

Ripple created last year a subsidiary with XRP in it so they can move it later into Evernorth via an in-kind contribution.

The subsidiary is called Pathfinder and i believe this is a riddle, folks.

[chasmal @Vet_X0E]

I'm craving a Bank of Japan insider vague post from Yuto to be honest, folks.

[chasmal @Vet_X0E]

Good reminder in the light of continued De-dollarization, US Treasury actions and yields.

People always talk about a million things about XRP and the XRP Ledger but miss the most important aspects of them

XRP is a hard asset

The XRP Ledger is permissionless and decentralized.

[chasmal @Vet_X0E]

All of it ready out of the box, without a tax collector or middleman with institutions and retail users bootstrapping

XRP Ledger Orderbook + AMM

XRP Ledger Tokenization

XRP Ledger Compliance features

and upcoming

XRP Ledger Credit

XRP Ledger Privacy

[chasmal @Vet_X0E]

Liberte, Egalite, XRP

[chasmal @Vet_X0E]

It's getting traumatic for the XRP haters.

[chasmal @Vet_X0E]

XRP is correcting to the upside it seems.

Not too late to believe in something.

[chasmal @Vet_X0E]

$RLUSD just crossed $2,000,000,000 in market cap.

With close to $1B issued on the XRP Ledger.

This makes RLUSD, launched in December 2024, the fastest growing stablecoin regulated under the NYDFS.
https://t.co/CHwPMl5ypb

[chasmal @Vet_X0E]

The $RLUSD Team at Ripple are building on the XRPL Devnet for the Permission Delegation feature currently up for voting.

Permission delegation allows to delegate very specific, granular, functions to other accounts. Means you can keep your keys in cold storage

[Lauren @rootveg444]

Permission Delegation is currently up for validator voting on the XRP Ledger, and it has the potential to unlock an important capability for institutions issuing regulated assets on XRPL.
Here's why that matters for $RLUSD and every regulated token on the ledger. 🧵

[chasmal @Vet_X0E]

Happy Friday to everyone in the XRP family, especially to those with unshakable conviction 🌞.

[chasmal @Vet_X0E]

Dear diary,

We continue to execute on our vision to improve TradFi with DeFi on XRP. Currently we are in the phase of institutions to borrowing.

Self-loathers and who pushed ill narratives into the XRP community are nowhere to be found since the green arrived.

Yours,
Vet

[chasmal @Vet_X0E]

Cicada who is going to be a Loan Broker in the upcoming Lending Protocol on the XRP Ledger is following 58 people and has 989 followers.

I'm no riddle expert, but can someone with deep expertise please analyze this thang and let me know?

[chasmal @Vet_X0E]

91% XRP Payment volume increase in the last 24h.

Welcome back people!

[XRPScan @xrpscan]

Its a great day today - We're happy to announce the all new XRPSCAN 3.0

New accounts page, dark mode, social cards, deeper metrics, flexible networks, translations and much more.

Thank you to everyone who used it, broke it, and told us what to fix. → https://t.co/AbGRs9o8kH

[chasmal @Vet_X0E]

Bitcoin is crashing vs XRP after institutions lay out technical script for lending and borrowing on the XRP Ledger.

[chasmal @Vet_X0E]

Now it gets really serious on the XRPL.

Institutions are coming on to the XRP Ledger for borrowing and lending amendment with clear commitment. Not a "maybe" or "perhaps". It's happening.

Clearpool provides the infrastructure (Permissioned Vault), Cicada provides the credits

[Cicada Partners @cicadacredit]

https://t.co/EIfTEKoPnS

[chasmal @Vet_X0E]

Make sure you know why the XRP you hold can move so flawlessly over the XRP Ledger mainnet.

XRP Kuwait runs critical XRPL infrastructure like Hubs and Full History Nodes.

Hubs are the glue of the network

Oh, and he's also a SWIFT Operator by day, XRPL nerd by night.

Thank you

[XRPKuwait @XRPKuwait]

Introducing XRPK Hubs Map Beta
https://t.co/1IhhetZn2G
A real-time visual representation of peer activity across the XRPK Hubs infrastructure.

Monitor connections across all 5 hubs, inbound/outbound peers, server states, latency and peer details - live.

#XRPL #XRP