Project Crypto is designed so once Congress acts, @SECGov & @CFTC are ready to implement the CLARITY Act.
@SecScottBessent is right. It's time for Congress to future-proof against rogue regulators & advance comprehensive market structure legislation to President Trump's desk.
If a baby is fussy, it almost always means either it's hungry, it's tired, or it needs more training data.
Interesting how important new experiences are to humans.
Good things come in small packages 📦
Our new Spot-Quoted XRP and SOL futures are arriving December 15, pending regulatory review.
Trade the spot price you see on screen, with low margin and capital efficiency. ➡️ https://t.co/BGbHbirdDB
Big news: The Bitwise XRP ETF is set to begin trading on NYSE tomorrow with the ticker $XRP.
It has a management fee of 0.34%, which is waived for the first month on the first $500M in assets. This product brings investors spot exposure to XRP, the crypto asset that aims to modernize global payments.
Here’s why XRP is interesting:
- It's one of the longest-running blockchains, with a 13-year track record and super vibrant community of supporters
- It's the world’s 3rd-largest digital asset, with a $125B market cap*
- It’s going after a massive $250T cross-border payments opportunity
- It can settle payments in 3-5 seconds for fractions of a cent
- A growing list of assets are being tokenized on XRP Ledger, including U.S. Treasuries, digital commercial paper, private credit, and money market funds
Our mission at Bitwise is to provide access to the most exciting themes in crypto. We’re thrilled to launch $XRP and bring XRP’s potential real-world impact to investors through a professionally managed investment vehicle. Learn more at https://t.co/9ff3DCauU1.
Banking, bonds, currency and markets: the entire financial landscape is evolving.
Blockchain is a powerful engine that creates groundbreaking opportunities for global businesses.
Learn how we're making it happen with solutions for payments, custody, stablecoins, and more: https://t.co/DRG2XlWIkv
We’ve been seeing more and more players in the payments and stablecoins space launch their own blockchains. To me, that’s a clear sign the market sees blockchain as core financial infrastructure — something we’ve believed in and have been building toward on the XRP Ledger for over 13 years.
Launching a blockchain is hard. Building an ecosystem with developers, liquidity, trust, and real-world usage is even harder. The XRPL has real traction and institutional adoption because it’s been battle-tested, updated, and improved upon for well over a decade.
Some blockchains are built with permissioned validator sets controlled by one entity or a small group. This can provide control and compliance for specific, closed-network scenarios, but it limits reach, resilience, and the ability for anyone to contribute to securing and growing the network. Decentralization vs. centralization is constantly debated and there’s not a single answer that fits every use case for crypto and the concepts themselves have changed in definition over the years.
As many of you know, the XRPL is public and permissionless at its core, with optional permissioned features for regulated use cases. This open foundation makes it adaptable, interoperable, and well-positioned to serve as critical infrastructure for the world’s financial system — connecting assets, markets, and participants seamlessly across borders.
The XRPL was built so fees stay low and predictable, just fractions of a cent, without a separate gas token. You can pay directly in XRP for any issued asset, avoiding the friction and hidden costs of buying another token just to transact. XRP is counterparty-free, accessible by all, and used as a bridge asset with real utility for payments, settlement, and liquidity. (Every transaction on the XRPL uses/burns XRP.)
It’s encouraging to see some newer chains adopt design choices that have long been part of the XRPL’s architecture, like deterministic finality and Proof of Authority-based consensus mechanisms. It shows there’s growing alignment in the industry on the importance of predictable, reliable settlement for financial applications without expensive validation.
Looking forward to the next phase of XRPL innovations, bringing more programmability, compliance-grade capabilities, and deeper liquidity for institutional use.
And to those just getting started… Welcome to the party! The crypto tent is only getting bigger.
It’s happening. Institutional access to crypto is accelerating.
From the launch of XRP Futures and ETFs on CME and Nasdaq just this week, it’s clear the market is maturing and exposure to crypto is expanding.
@bgarlinghouse locks in for 60 seconds and unpacks the excitement around crypto ETFs in a special episode of Crypto In One Minute. ⏱️
Today, @Ripple announced the acquisition of Hidden Road for $1.25B, one of the largest deals ever in the crypto space. But the price tag isn’t what’s most important – it’s that this deal marks a once-in-a-lifetime opportunity for crypto to access the largest and most trusted traditional markets, and vice versa.
Prime brokers (along with other key functions historically managed by banks for the most part) like Hidden Road have proven themselves as *the* trusted intermediary for the largest hedge funds, market makers, OTC desks, quant traders and more. Ripple has been a customer of Hidden Road for years, and we know their breadth of expertise firsthand, clearing $3 TRILLION annually for 300+ of the top financial institutions globally.
This is the capital and activity that will tap into XRP and the XRP Ledger’s bread-and-butter – instant, efficient, scalable and low cost movement of value. Instead of waiting for <24 hours to settle trades through fiat rails, Hidden Road will be using XRPL for clearing a portion of trades, and most consequentially, using RLUSD as collateral across its prime brokerage services, including cross-asset (crypto and traditional instrument) trades.
With this deal and the backing of Ripple’s significant balance sheet, Hidden Road will exponentially expand its capacity to service its pipeline and become the largest non-bank prime broker globally.
Ripple and Hidden Road combined are a generational leap forward, ready to truly bring the worlds of traditional and decentralized finance together. https://t.co/UYOOyQ21dG
1/11 Welcome to Day 3 of our series diving into the Ripple USD whitepaper! Today, we’ll be exploring the Product Description section, breaking down what makes $RLUSD a standout stablecoin.
If your friends have basic questions of how RLUSD differs from other #stablecoins this is the🧵for you
We’ve got stablecoins on the mind today...@monicalongsf is back in the hot seat with the latest #CryptoInOneMinute answering the question “What is a stablecoin?”