PluckySeaDog

BTC -the pioneer XRP -the future. ALT COIN PROJECTS

[Cointelegraph @Cointelegraph]

🇺🇸 LATEST: Coinbase’s Chief Policy Officer says the Clarity Act is “very close” to passing, adding that JPMorgan and other major banks want to enter the crypto sector.

[🇬🇧 ChartNerd 📊 @ChartNerdTA]

Probably nothing..

25 banks are going live with SWIFT in June 2026 to define account-account cross-border transactions.

Ripple has connections to more than 30 of the existing 50 bank members in the coalition, alongside direct SWIFT connectivity via Thunes, FIDES & RT ✅️ $XRP

[Dark Defender @DefendDark]

ALL 3 move value & support tokenisation to some extent, and the niches are different

#XRP: Institutions
Bank of Japan 🇯🇵 ⏩ Bank of America 🇺🇸

#XLM: Public
Every day life, such as buying ☕

#HBAR: Enterprises
For its database/trust layer

ALL 3 will be used, ALL 3 will surge.

[BRICS News @BRICSinfo]

JUST IN: 🇮🇷🇺🇸 Iran plans to block the Bab el-Mandeb Strait after ending negotiations with the US.

[Mike Higgins @mikehiggins]

And we’re off! @CMEGroup is officially live with 24/7 crypto futures & options trading, providing around-the-clock access to crypto derivatives. @Ripple Prime is a day one clearing and financing partner, supporting always-on markets.

Fun fact: $XRP futures were the fastest ever contracts on CME to cross $1B in open interest, achieving this in just 3 months last year. The institutional demand is there, and now so is the infrastructure. https://t.co/V4k7UBd5Gv

[Hugo Philion @HugoPhilion]

1) Using historical stats from Flare for MeV is pretty pointless as the ecosystem has grown in TVL substantially. (The estimates for transaction fee burning in FIP16 are also probably low as the ecosystem is growing and historical data doesn’t take this into account.)
Estimates for annual MeV earnings across the space equate to 1.5-2.0% of TVL.
Personally I’d expect this to be lower on Flare as MeV harvesting will be far less aggressive than on other chains so 0.5%-0.75% is probably a better range.

One of the more valuable things that can happen for Flare is growing TVL (and by proxy ecosystem usage - meaning fee burns- and also MeV earnings) by onboarding more XRP and new assets. Key to this in the near term is institutional onboarding of XRP thru exchange & custodian partnerships - eg Uphold - which can bring huge amounts of value to the chain more quickly than retail users. In the mid to longer term onboarding new assets like FBTC and RWAs (where Flare’s FCC gives Flare a strategic advantage).

In summary what FIP 16 did was make FLR very low inflation (relative to most other networks now) and link net token inflation to increasing usage through transaction fees, data fees (FDC, FSA) and MeV accrual.

Increasing TVL and increasing opportunities where FDC and FSA are used contributes the most towards reducing inflation / making FLR deflationary.

As an aside I was massively over optimistic about how quickly TVL would come to Flare. It wasn’t intentional my estimates got hammered by 1) the continued general market bearishness 2) Yield compression across the market - which makes it harder to get a yield on borrow lend (Kinetic & Mystic) and sell cover (firelight). 3) How slowly institutions move.
It is happening and happening at an increasing pace relative to a couple of months ago but the first few turns of any flywheel require a lot of effort.

2) We currently have no plans to change VM or become multi VM (practically very difficult anyway). There doesn’t look to be much value in doing so right now.

3) No we have no plans to raise capital as we don’t need to.

4) There is no particular reason for us to become a US entity at the moment. If that changes we will change with it. Tbh I spend a fair amount of time in the US anyway (and we have a lot of team in the US) so unless there is a clear legal/regulatory reason to do so it wouldn’t make any difference.

[Barchart @Barchart]

Gold has now traded red for 3 consecutive months, its longest losing streak since 2022 📉📉

[🌸Eri ~ Carpe Diem @sentosumosaba]

Mr. Kitao (@yoshitaka_kitao) tells his shareholders, don’t think of @Ripple as just a bag of XRP. They own a whole valuable business ecosystem on top of that massive XRP position (escrow).
I loved this video because it was rich with the following mentions:
🔵Crypto Related
Ripple Labs
XRP
Evernorth (NASDAQ: XRPN)
BitBank
Coinhako (Singapore)
B2C2
Morpho
Fasset
StarTree / Startel Group
🟡Strategic Partners & Alliances
SMBC GroupNTT Group
Kookmin Life (Korea)
Visa
State Street Investment Management
Franklin Templeton
🟢 SBI Group Companies
SBI Holdings SBI Securities SBI Bank SBI Savings Bank (Korea) SBI VC Trade SBI Leo Media Holdings SBI Neo Media Holdings (23-company ecosystem) SBI Financial Agent SBI LY HOUR Bank TPBank (Vietnam) SBI Thai Online Securities SBI Royal Securities (Cambodia) BNI Sekuritas (Indonesia)
🔴Media & EntertainmentLiveDoor
TWIN PLANET
THE CORE
LuaaZ
linkties (Forbes JAPAN)
Blissoo
Star Music Entertainment
🟣OthersBlackPink (concert reference)
https://t.co/Vu0zknbS4c

[Cointelegraph @Cointelegraph]

🇹🇷 JUST IN: Ripple expands its USD-backed stablecoin RLUSD to Türkiye through partnerships with BiLira, Bitexen, and Bitlo, giving Turkish institutions access to enterprise-grade dollar liquidity.

[BRICS News @BRICSinfo]

JUST IN: 🇺🇸🇮🇱 Axios sources say President Trump was "pissed" during call with Israeli Prime Minister Netanyahu and told him off:

"You're f*cking crazy. You'd be in prison if it weren't for me. I'm saving your ass. Everybody hates you now. Everybody hates Israel because of this."

"What the f*ck are you doing?"

[🌸Eri ~ Carpe Diem @sentosumosaba]

SBI Holdings, Inc. (@sbigroup) completes its Bank Acquisition with a Ceremony Marking its New Name, SBI Bank (Cambodia)🥂

💥Yes, International Money Transfers via @Ripple.

🔗s :
https://t.co/QKPWGyBNWf

https://t.co/muFyWCk9lT

[Whale Insider @WhaleInsider]

JUST IN: ETF clients buy $4.13 million worth of $XRP, bringing total ETF-held net assets to $1.11 billion.

[Whale Insider @WhaleInsider]

JUST IN: $XRP Ledger surges from top 10 to #4 on RWAdotxyz league table, becoming one of the fastest-growing RWA ecosystems in crypto.

[Flare ☀️ @FlareNetworks]

XRP in cold storage shouldn't sit idle.

Flare Smart Accounts now live in @DCENTwallets.

Two signatures on XRPL → FXRP minted → Monarq XRP Yield Vault. Self-custodied the whole way through.

$55K campaign reward pool for D'CENT users and early depositors.

[Altcoin Daily @AltcoinDaily]

The Clarity Act Will Explode Crypto

TimeStamps:
00:00 Clarity Act Timeline
01:46 SEC to Tokenize $69T Stock Market
04:17 Coins To Own BEFORE Clarity

$ETH $BTC $LINK $TAO $SUI $SOL $CC $XRP $HYPE

[🌸Eri ~ Carpe Diem @sentosumosaba]

C'mon $RLUSD on XRPL.
This group (@checkercorp) processed approximately 1% of the Global Annual Volume of B2B Payments made with stablecoins last year, and one of its 30 clients is RAIL Financial, owned by @Ripple. They are off and running with a fresh $8.1M.

https://t.co/gVPwSlqrs5

[BRICS News @BRICSinfo]

JUST IN: 🇷🇺🇨🇳 Russia says progress is being made on creating a new gas pipeline to China.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The SEC is set to release its so-called "innovation exemption" for tokenized stocks which will pave the path for trading digital versions of securities, per Bloomberg.

Details include:

1. In a "surprise move," the SEC is leaning toward allowing the trading of tokenized assets

2. These tokenized assets would be tradeable on decentralized crypto platforms

3. The move could "reshape the landscape of the American stock market"

4. This would also be one of the US' biggest shifts into crypto infrastructure yet

Tokenized assets are rapidly expanding.

[🇬🇧 ChartNerd 📊 @ChartNerdTA]

Everything is slowly falling into place. Ripple Payments 🤝🏻 Australia 🇦🇺 –> BC Payments Acquisition –> AFSL license 💰 $XRP $RLUSD

[Cointelegraph @Cointelegraph]

📊 UPDATE: Stablecoin supply just hit a new all-time high of over $323B.