before crypto, i worked at some of the top firms on wall street, @GoldmanSachs and @blackstone.
and from speaking to many of my ex-colleagues on wall street, i can confidently say that big banks have never been more scared of crypto eating their lunch.
in fact, they're so scared, that jp morgan, citi and others are planning to launch their own tokenized deposit network to compete with crypto.
but if you like crypto, you won't like the banks' alternative. in fact, you'll want to steer well clear.
here's why:
- with their network, you won't own your money
if the bank fails or faces a run, you lose your tokens (just how you would with your fiat). the main beauty of crypto is that you hold your private keys so you are fully in control of your own money (no one can freeze it).
- it's a permissioned, closed network
access to their network still requires the banks' permission. unlike public blockchains, which are permissionless and let anyone participate.
- run by the banks who've been campaigning against crypto
their network will be run by The Clearing House (payments company owned by JP Morgan, Citi, BofA and other big banks). do you really think they have the consumers' best interests at heart?
- no privacy or transparency
the beauty of crypto is that you can make transactions without a middleman and no one can freeze your funds. however, every transaction on the banks' network will be subject to their oversight and must fall within their KYC / AML processes. this means governments and banks can still freeze your funds for whatever reason they want.
- designed to keep the banks in full control
they want a system that will let them keep their fees and revenue model. stablecoins threaten to pull billions in deposits away from banks - this is their last ditch attempt to stop that.
- limits defi innovation
by controlling their own permissioned blockchain, banks prevent users from using other blockchain protocols that could allow them to get higher yields etc (one of the main attractions of defi for many users).
🚨 If there's one video that you need to pay attention to today, its this one...... 👀👇🏼
@The_DTCC President & CEO Frank La Salla explains that as the financial industry adopts blockchain and digital assets, DTCC will position itself as the connector and common ledger for the financial system.
While he acknowledges that other entities like banks, custodians, and asset managers will maintain their own private ledgers in the future, the DTCC will serve as the central infrastructure to ensure connectivity and interoperability across these different ecosystems.
Now we are getting somewhere. I've just added the Terminal to the website. This may be the biggest step forward on this framework. You can see in real time what the largest single ticket transaction that $XRP can handle based on its current liquidity depth. Check it out!👇
https://t.co/M9IRqUzvxY
🇺🇸 Treasury Secretary Scott Bessent just dropped a massive green candle for crypto:
“Digital assets are going to be a very important payment rail for the U.S. economy.” 👀
He’s urging Congress to pass the Clarity Act NOW clear rules, keep innovation & capital in America, not Dubai or Singapore.
After the GENIUS Act on stablecoins, this is the next big step. #USA
If BlackRock wants to tokenize everything, the system fragments across countless assets and platforms.
Fragmentation at this scale creates one unavoidable problem: liquidity. Moving value efficiently requires a neutral bridge for settlement.
At this level, executing this system without holding the key asset that enables it is simply impossible.
XRP was built precisely for this purpose, a neutral, global bridge asset providing liquidity and settlement across fragmented networks.
On a side note, Robbie Mitchnick, who helped expand Ripple’s global corridors, now works at BlackRock to scale their tokenization ambitions.
Coincidence? I don’t think so.
🚨More US regulatory momentum! Hidden by the SEC commodity classification last week, the CFTC issued its first no-action letter for a self-custodial wallet. The core principle: if you don’t hold customer funds, you’re not a financial intermediary. In other words, you’d be infrastructure, not a broker. XRP was designed for this. Assets settle on-chain, not through a central counterparty. https://t.co/2BumGFViaK
Learn more: https://t.co/k9yv2YbcWh
everyone’s talking about the clarity act. but barely anyone’s heard about the parity act.
yet the parity act is what finally lets people use crypto in their daily lives.
here’s what you need to know about the most important crypto act nobody’s heard of:
1/ no capital gains tax on daily transactions
the act proposes a $200 tax exemption for personal crypto transactions. this means you don’t pay capital gains tax every time you buy something using crypto (ie a cup of coffee!)
2/ deferred taxes on staking income
currently, when you stake your crypto, your staking income is taxed upon receipt. the parity act allows taxpayers to defer their taxes on staking rewards for up to 5 years.
this means you won’t pay taxes on income you haven’t yet received (or on assets that have depreciated in value).
3/ no taxes on crypto lending
the act creates parity between securities lending and crypto lending. so when you use your crypto as collateral, it no longer counts as a sale - preventing unnecessary tax bills.
Ripple Brad Garlinghouse sharing his vision at XRP Australia Sydney 2026! 🇦🇺
“It’s not one switch it’s a thousand."
He highlighted how every bit of advocacy and progress builds toward an exponential impact. The "flip" isn't a single moment; it’s the culmination of a decade of hard work.
Fixed the audio a little
Ultimate security for $XRP. Since day one.
The safest option for self-custody. If you want to take it further, pair it with an optional cold wallet using Xaman cards.
Managing $XRP has never been safer or more convenient.
The last couple of weeks have been an absolute firestorm of action to get the Market Structure bill passed. While @BankingGOP clears its logjam (thank you @SenatorTimScott!), congrats are in order to @SenateAgGOP and Chairman @JohnBoozman for advancing the Senate Agriculture Committee’s market structure bill out of committee today.
As I’ve said before, clarity is better than chaos. The legislative process can be messy and complex, but it is 100% necessary to have clarity for this and future generations of crypto entrepreneurs, builders, and users as this technology becomes increasingly ingrained into our global financial infrastructure.
Today, we're proud to introduce Ripple Treasury, Powered by GTreasury: the world's first comprehensive treasury platform combining 40 years of proven enterprise expertise with cutting-edge digital asset infrastructure.
Many finance teams are stuck managing growing complexity with fewer resources, constrained by outdated legacy infrastructure.
Ripple Treasury changes that equation with:
💡 Unmatched innovation capacity: With Ripple's backing, we reinvest 100% of earnings into platform innovation with zero debt constraining our roadmap. In just 90 days, we've doubled engineering capacity, acquired Solvexia for best-in-class reconciliation, and enhanced AI-powered solutions across cash forecasting, risk management, and analytics.
💸 Treasury excellence: Complete solutions for liquidity management, reconciliation, cash forecasting, risk management, netting, and payments, backed by 40+ years serving the world's leading companies.
🪙 Digital asset leadership: Enterprise-grade infrastructure trusted by hundreds of global financial institutions, licensed in 75+ jurisdictions, with real-time 24/7/365 cross-border payment rails and institutional custody.
Ripple Treasury offers real impact for your operations:
→ Unified visibility across traditional cash and digital assets
→ 24/7 yield optimization putting every dollar to work
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→ Future-ready infrastructure for tokenized assets and programmable payments
The future of treasury has no friction or boundaries.
#treasury #digitalassets #cashforecasting #riskmanagement #crossborderpayments
$XRP holders 👇
Ripple's Matthew Osbourne, Policy Director For UK & Europe states that banks have a choice..
That is, to simply keep up or get left behind. The choice is theirs 🏦