🚨 WATCH: Chairman @SenatorTimScott leads the Senate Banking Committee in a historic markup of the CLARITY Act, legislation to establish clear rules of the road for digital assets. https://t.co/wlHj2jcAEF
🚨 BREAKING 🚨
🇺🇸 FED calls an EMERGENCY MEETING at 2 PM ET to address liquidity problems and discuss a potential money injection.
Ultra bullish — markets could explode any moment.
Today, Ripple is breaking into the $120T corporate treasury payments market with the $1B acquisition of GTreasury.
The past few years have reminded this industry why payments, first and foremost, is THE primary use case for crypto and blockchain. Payments are where Ripple first started for exactly these reasons – the infrastructure is complex, siloed and inefficient, but as we know, perfectly positioned to benefit from decentralized financial technologies.
Astounding amounts of cash are trapped in outdated payments systems, creating friction, unnecessary costs, and barriers to entering new markets. GTreasury has been serving some of the most well known brands for decades – and now together with Ripple, we’ll be able to help CFOs manage all their assets, include stablecoins, tokenized deposits, etc at scale around the world, as well as put their idle capital to work with repo markets via Hidden Road.
The opportunity is here, and we’re diving right in. It’s happening!
https://t.co/GCXS6QqNqt
Meet the Gemini Credit Card, XRP edition.
Designed for enthusiasts, this limited edition metal card gives up to 4% back in XRP instantly. No waiting, just stacking.
Available now 👀
ANNOUNCEMENT: BNY selected to serve as the primary reserve custodian of @Ripple’s enterprise-grade stablecoin, Ripple USD (#RLUSD).
#BNY and Ripple are jointly committed to paving the way for digital asset adoption at institutional scale and together are helping to bridge the gap between the traditional finance and cryptocurrency ecosystems.
Learn more here 👉 https://t.co/vFaxETcJBD
The launch of regulated XRP Futures on @CMEGroup marks a key institutional milestone for XRP…and very excited to report that Hidden Road cleared the first block trade on CME at the opening!
⚡ NEW: Florida pharma firm Wellgistics to use $XRP for real-time payments in $50M financing deal, aiming to cut banking delays, FX costs, and boost supply chain efficiency.
Happy to tell Fox News about my proposal for a gold-backed Treasury bond as America enters its new Golden Age. Let’s restore monetary integrity to our currency as we increase productive output. Trump's economy is 'ready, willing and able': Judy Shelton
https://t.co/4e6gBVKby4
Ripple’s acquisition of Hidden Road is a defining moment for the XRP Ledger and XRP. The prime broker clears upwards of $10B and processes over 50M transactions a day on various traditional rails, waiting up to 24 hours for those transactions to settle. Now imagine even a portion of that activity on the XRP Ledger – and that’s exactly what Hidden Road plans on doing – not to mention future use of collateral and real-world assets tokenized on the XRPL.