Ripple Swell: We’re collaborating with @Mastercard, WebBank, and @Gemini to introduce $RLUSD settlement on the XRP Ledger for fiat credit card payments, starting with the Gemini XRP Credit Card: https://t.co/lMQ5qnthLT
This initiative sets a new benchmark for institutional efficiency, enabling faster, compliant, and more transparent settlement within traditional finance.
The future of payments is here.
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Astounding amounts of cash are trapped in outdated payments systems, creating friction, unnecessary costs, and barriers to entering new markets.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
Ripple has acquired:
Hidden Road for $1.25B: Prime Brokerage/Clearing/Multi-asset infrastructure;
Rail for $200M: Bolsters Ripple’s stablecoin infrastructure payments - adds virtual account & automated backend and strengthens its competitive position in stablecoin-based payments;
Metaco for $250M:
Crypto custody/tokenization/institutional custody services, giving Ripple a strong foothold in the institutional custody market;
Standard Custody & Trust: regulated digital asset custody/trust/stablecoin backing infrastructure
Adds a regulated trust/custodian backbone that can hold reserves, support stablecoins, and provide regulatory legitimacy.
Fortress Trust:
Crypto infrastructure, regulatory / licensing / trust services;
Algrim: Crypto/market making/trading/engineering talent enhancing liquidity/trading tools.
To name a few and now see 👇
I don’t believe Garlinghouse is done either.
But with the whole Linqto failure I am very skeptical of everything they say/advertise. Any advice on what you would look for when trying to find somewhere safe for my investments?
Thanks @JohnEDeaton1 youve been amazing with the whole Linqto process.
Hey @JohnEDeaton1 I have a serious question for you. I am very interested in moving a 401k over into an iTrust Capital ira account after hearing a few different "influencers" talk about it however idk now after my experience following their advice with using the Linqto platform.
Very excited to share that @BlackRock’s $BUIDL and @VanEck_US’s $VBILL tokenized fund holders can redeem shares for RLUSD/ETH 24/7 365 through @Securitize, and soon to come RLUSD/XRPL.
Enterprise-grade instant onchain liquidity at your fingertips. That’s real utility. https://t.co/A0zEHIIpel
Last week we announced DBS and Franklin Templeton using $RLUSD as a liquid, stable and compliant exchange mechanism for tokenized assets in lending and trading use cases. This week, @Securitize added RLUSD as a new offramp for BlackRock and VanEck’s tokenized funds. 📈
Hey @bgarlinghouse, look into Will Cole who is Senator Lummis’ son-in-law. He’s seen below reposting Pierre’s dig on you. He is Head of Product for a $BTC payments company and hates seeing @Ripple do well. Now we know why Lummis won’t meet with you. Her financial contributors are A16Z and her family is deep in Bitcoin. Conflicts?
@CryptoLawUS
This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it.
The future is bright. Let's build.
Now that the REAL digital assets have been identified lets redo the poll...
What is your favorite U.S. Crypto Strategic Reserve digital asset?
#XRP#ADA#SOL#CryptoStrategicReserve