Swift reconfirmed full transition to ISO 20022 by November 2025!
Source: https://t.co/TQ8QM4TmBE
On the homepage of Swift’s website, they are committed to ending the coexistence of MT and ISO 20022 end of next year. Meaning all Swift transactions will run on blockchain.
1/2
A wall of negative headlines was so predictable. They’re such NPCs 🤣🤣
All this does is drive even more people to listen to the conversation themselves and realize how much the legacy media lies to them!
I remember that time in December 2018 when Brad said Ripple was ready but he didn't think the US administration was so behind in terms of crypto regulation. That happened during an AMA (ask me anything), shortly before Christmas, when everybody waited for the $589 prediction. Too bad this AMA is not online anymore.
Around 15 minutes later, The Bear, much more active at the time, before the first Loadstar, made a summary of this AMA and reassured that Ripple was indeed ready and that you should PERSEVERE. Those words left by the bear, are unfortunately gone, like a lot of his oldest posts.
I also remember when David Schwartz responded to someone on Twitter asking what would happen if nothing happened to Ripple and XRP before 2025. David responded that if it was taking that long he would consider it a failure for Ripple and XRP.
Unfortunately, I was looking for this tweet, but I can't find it.
What's my point?
Ripple was ready a long time ago and eventually expanded even more through the storm, until where we are today.
Ripple was ready then and is even more ready now. Ready to go. What an exceptional timing for this lawsuit to end.
2026 was never an option, Ripple and more than you can imagine are ready.
Anybody saying otherwise has no clue about what is in play right now.
Ripple and XRP are free to go. They got the green light. XRP is the only digital asset on this planet having this status.
Ready for action.
The end of the #Ripple lawsuit and the regulatory clarity of #XRP bring me relief. However, with the #legal battle concluded, several issues still demand IMMEDIATE attention
First, the #SEC lacked the legal authority to pursue #Ripple from the start, as there was no LEGAL precedent for their actions. The #SEC’s handling of the Ripple lawsuit revealed a clear CONFLICT of interest, especially compared to the treatment of other digital assets with regulatory uncertainties like #Ethereum, #Bitcoin, and #Solana. It’s evident to anyone who can interpret the #law and think critically that the SEC’s approach to digital assets has been consistently inconsistent
#Bitcoin, #Ethereum, #Solana, and many other technologies, including #Tether, which still face a lot of regulatory uncertainties and still haven't been addressed, have been treated more leniently than #Ripple and the digital asset #XRP. This should raise serious concerns about the #SEC’s TRUE MOTIVES and CONFLICTS of interest, given its relationships with entities involved in these digital assets, including #FTX's Sam Bankman-Fried, who laundered retail investors #money into #Ukraine and into the pockets of select #politicians
There's also the unlawful impact it had on retail #investors, which was significant. The SEC's actions against Ripple have led to millions in FINANCIAL losses and even delayed the benefits of #Ripple’s technology, which was designed to transform traditional FINANCIAL systems and promote equitable #WEALTH distribution
Accountability is necessary for their role in stifling #INNOVATION, stealing investor funds, creating confusion, and breaking the law!
Here are some of the key figures involved in this massive scandal: @SenWarren, @RepMaxineWaters, and SEC Chair @GaryGensler. Interestingly, they've already been under intense scrutiny from independent lawyers, mainstream journalists, and content creators. Even former #SEC officials have highlighted their involvement in the collapse of institutions like #TerraLuna, #Celsius, #Gemini, and #FTX
And then there's the ongoing #investigation into “#EthGate,” which further underscores the need for #LEGAL action and TRANSPARENCY within the SEC and its former employees, Jay Clayton and William Hinman
#Ripple needs to sue the #SEC so an investigation can be conducted to publicly #EXPOSE the REGULATORY overreach, MISCONDUCT, and #CRIMINAL behavior, and hold these criminals ACCOUNTABLE
Ending the #Ripple lawsuit was an important step, but I think it’s really just the beginning of addressing the broader concerns and bad actors in the industry
If you're truly about advocating for #ACCOUNTABILITY, and a fair REGULATORY environment, then it’s time for SERIOUS action
The SEC asked for $2B, and the Court reduced their demand by ~94% recognizing that they had overplayed their hand. We respect the Court’s decision and have clarity to continue growing our company.
This is a victory for Ripple, the industry and the rule of law. The SEC’s headwinds against the whole of the XRP community are gone.
News alert – tokenization platform @OpenEden_Labs is bringing tokenized US Treasury bills (T-bills) to the #XRPL! What's more, Ripple is creating a fund to invest in tokenized T-bills, and will allocate USD$10M to OpenEden’s TBILL tokens as part of it. https://t.co/8GsG1Mk3ER
BOOOOOOOOOOOOOOOOOOM!!!
The 3M Raging Bull indicator just showed up in #XRP for the first time since 2017!
Smash that like button if you are bullish! 🐂
Breaking News: Prepare for liftoff! 🚀
#XRP is soaring above the Ichimoku Clouds, with all indicators flashing green. ☑️
Current price: $0.6503, but get ready for a potential surge by shattering down the $0.6649 into pieces as we aim for $0.87 - $1.03 - $1.46 in the very short term.
While this is not financial advice,
the stars✨align for a stellar journey!
‼️MUST WATCH ‼️
💥This video only has 400 views on YouTube 💥😱
No wonder immature people on the internet don’t think banks will ever flood into the #crypto space
Tyrone Lobban - JP Morgan
Silenced all skeptics by saying
👇🏽👇🏽👇🏽👇🏽
“everything that we build can be portable into a public environment”
“So moving into the public #blockchain environment WHEN WE CAN is sort of a lift and drop scenario”
Unfollow all the accounts that tell you banks will never adopt #crypto 🫵🏼
PAY ATTENTION TO DETAIL FOCUS ON BLUE CHIPS THAT SOLVE REAL WORLD PROBLEMS
$XRP $XLM $HBAR $QNT $ALGO $XDC $IOTA $TIA $BST
Each event that caused me to realize these DLTs were beyond crypto
$QNT CEO Gilbert Verdian founding ISO TC 307 for blockchain & DLT
$CSPR support by IBM & ACTUS for industry utility
$HBAR bringing real utility w F500s building on Hashgraph
$XDC whole ecosystem backed by ITFA, DNI, TFD, ICC, WTO & more
$DAG direct to Phase II SBIR grant, achieved by <8% of companies
$EWT seeing EW-DOS hostingn SAFc registry with WEF/RMI/SABA
$RNDR with the history of Jules Urbach’s links to NVIDIA, Microsoft, Warner, etc.
$MNW being approved by the ITFA & ICC as MLETR enhancing technology
$CHEQ building to be compliant to W3C, ISO, eIDAS & more
$ALGO seeing Silvo’s background in cryptography + rest of the team
$XRP work & ties to payment innovation with top comm/central banks
$XLM watching UNHCR apply Stellar for Ukraine financial crisis aid
$NXRA used and recognized by entities like USAid & London Stock Exchange
$AZERO connected n partners with 3+ RWA MiCA compliant applications
$ICP being used by UNDP & FEDERITALY for verifiable credentials
$ADS advertising DEX being used by Vice & Coca Cola
What these projects are doing go far, far beyond traditional hype projects.
The industry leaders recognize this niche area of utility.
Remember, crypto is simply just one tiny vertical of what blockchain brings.
We've all seen this doc about $XRP & $XLM
The IMF & World Bank refer to XRP/XLM as stablecoins
As we know, USDC & USDT are examples of stablecoins
Coins backed to a fiat currency.
Obviously XRP & XLM don't follow this.
But the IMF & World Bank don't specify WHAT exactly XRP & XLM are stable to.
There's not a single currency that they use as a potential example for XRP & XLM to be pegged to.
Instead they actually discuss the utilities of both XRP & XLM in their ability to be a bridge currency.
Which ties in quite nicely given that you'd likely want a rather stable bridge asset.
This is quite important as it shows the IMF & World Bank acknowledge the currency agnostic capabilities of XRP and XLM bridging cross currency payments.
Though in theory, "stabilizing" the prices of XRP & XLM upon large adoption does make sense given their purpose of payments.
The big question is WHAT their prices are stable to.
This then leads us to another theory where Ripple CTO, had once said something quite interesting.
In short David says that XRP can't be cheap since the use cases of it wouldn't scale to it's purpose.
This is quite interesting, but in theory makes sense.
XRP wants to be a liquidity and bridging solution for all the banks but theres a limited amount of XRP.
On the other hand, XLM aims to be unlock value transfer for the people, but once again there's limited XLM.
Total XRP: 99,987,452,475
Total XLM: 50,001,806,812
For the purpose of this example let's imagine XRP & XLM are both at $0.05. A dirt cheap price.
Now lets say this central bank wants to send $5 Bil to another bank using XRP.... That equates to 100 Bil XRP.
In other words, at $0.05 a single transfer of $5 Bil would use up more than ALL the XRP available.
The same example can be applied with XLM though with many citizens sending money instead of banks.
Now lets try this again, but this time XRP & XLM are both at $30.
This time multiple central banks are sending large transactions at once totalling up to $60 billion.
The amount of liquidity locked in this scenario is 12x as much as the example we just used.
Yet this time, the total XRP used would only be 2 Bil!
That's about 2% of the current total supply,
Something MUCH more feasible to handle the load of a global payments network.
In a sense, XRP & XLM scaling isn't so much to do with the network speed, they've proven that.
But rather how divisible and scalable can the use of XRP & XLM get given their use case being so closely tied to fiat currencies and modern day payments.
A truly interesting phenomenon.
For these reasons, paired with the fact that we simply want stability in payments it would technically make sense to have XRP & XLM's prices pegged to something.
We've proven why any fiat currency would be an unviable solution for this.
If it was pegged to the USD, a transfer of $10 Bil would take up >10% of the total XRP supply.
In other words with current prices of XRP at $0.58 & XLM at $0.10... This would not work at mass scale yet.
Paired with the fact that we have to consider XRP & XLM are also held by millions users around the world, so we can't assume the total supply is the actual accessible supply at a given time.
So what would XRP & XLM be backed to?
Gold & Silver?
Market Indicies?
Something Else?
Perhaps it could be one of these.
But stability doesn't always have to come thru pegging an asset to a pre existing value.
It could also refer to the fact that XRP & XLM being used in cross border payments would mean constant buy & sell pressure of the tokens at near even rates.
In an idealistic scenario, the use and mechanism of XRP & XLM would stabilize itself thanks to the large liquidity and constant use.
But even if that were the case...
The point still stands that the current prices of XRP & XLM simply aren't fit for the long term vision of what the IMF & World Bank are discussing yet.
But at the end of the day... This is just some fun speculation and research.
It'll certainly be interesting to see how this plays out in the long run given the logic behind it.
𝐉𝐮𝐬𝐭 𝐬𝐨𝐦𝐞 𝐟𝐨𝐨𝐝 𝐟𝐨𝐫 𝐭𝐡𝐨𝐮𝐠𝐡𝐭🤔