New on Vault: Pass on your crypto wealth with Vault Inheritance 🔐
Invite a beneficiary for your XRP, BTC and HBAR in just a few steps.
☑️ Keep full control of your funds
☑️ Your balance remains private
☑️ Update your beneficiary any time
Your crypto. Your legacy.
Vault is an assisted self-custody product. You hold two of three keys; loss of both your keys can result in permanent loss of assets. Subscription auto-renews. You can now appoint a beneficiary who will have no premature access. Asset transfer requires an approved claim. You can change or remove beneficiary at any time.
Ten years ago, we bet against the old guard. Every year since, Swell has raised the bar.
This October, we do it again on our biggest stage yet.
1,500 attendees. 75+ speakers. Three days in New York City.
Check out who’s speaking and what’s on the agenda:
https://t.co/9qJgCpI0sf
🚨 SCOTT BESSENT EFFECTIVELY CONFIRMS A BOND CRISIS, SAYS MARKET TOO ILLIQUID TO CONTROL
Treasury Secretary Scott Bessent went on CNBC and said the quiet part out loud: He raised the size of U.S. Treasury buybacks because “we are in a very illiquid period. The market is moving quickly… I can’t set the equilibrium price.”
This is the same man who weeks earlier told traders “I am the house now. I have asymmetric information. Bet against me if you want.”
Here’s what’s actually happening.
He doubled bond buybacks, then pushed toward $6 billion, liquidity-support buybacks of 10- to 30-year bonds.
He went on to dump Euros and Dollars to save the yen so BoJ doesn’t dump their U.S. Treasury Holdings. Scott Bessent even warned the Fed to expand the FIMA facility to Japan or watch the treasury market bleed.
The 10-year has been grinding toward 5.2%+. The 30-year just printed levels last seen in 2004. Global government bond yields are near 4%, highest since 2007. Japan’s 10-year hit highs not seen since 1996. Germany’s 10-year is at 17-year peaks.
This isn’t one country. This is a synchronized long-end revolt.
Japan still holds about $1.1 trillion of U.S. Treasuries, the largest foreign holder. Those holdings have been sliding for months as Tokyo’s own debt-to-GDP sits above 220% and JGB yields explode. When the world’s biggest overseas buyer starts preferring its own higher-yielding paper (or just needs the cash), the bid for U.S. duration gets thinner.
That’s the illiquidity Bessent is now admitting he cannot paper over with a few billion in buybacks against hundreds of billions in new issuance and $40 trillion+ of existing debt.
When the official who called himself “the house” starts saying he cannot set the equilibrium price, the market is telling you something simple: we are in a bond crisis.
The most dangerous response from @yutokanzakireal: “Japan isn’t just betting against the house, it’s bringing the entire house down.”
We’re now seeing that as a global debt crisis which could catastrophically turn into a global liquidity crisis if not stopped.
That’s why gold exists. Not as a trade. As the asset that doesn’t require a Treasury Secretary to promise he can still control the price.
This is the way ➡️
The U.S. is setting the standard for global regulation of tokenized assets with SEC and CFTC rules 🇺🇸
Thanks @hashed_official@0xEastPoint 🇰🇷
Watch Clarity cloture live ~2:15pm ET — motion to proceed, needs 60, opens debate. Not a law. 👊😎
C-SPAN: https://t.co/RkvmTLPbv2
Senate floor: https://t.co/B5C3n54fWl
Roll call after: https://t.co/S8koX70YOf
Daily Press: https://t.co/XHMQch4Pbk
🚨 BIS Just Gave XRPL the Next Institutional Use Case
BIS just published Working Paper 1374: off-chain hashing + Merkle aggregation + a tiny XRPL memo that anchors only the fingerprint. Raw official stats never touch the ledger. Verify with one lookup.
Then explicitly flagged zero-knowledge proofs as the next extension.
That’s the exact architecture @DNAOnChain is already running for identity and credentials.
Ripple President Monica Long: Decentralized identity on XRPL = your data as a portable, user-controlled token powered by zero-knowledge proofs.
DNA Protocol just made their zk-privacy for identity and credentials for institutions live on XRPL testnet.
With this, institutional data(identity/credentials) is transformed into a portable token XDNA, where raw and sensitive data gets private and hidden using zero-knowledge proofs.
This could be the biggest breakthrough on XRPL👇
https://t.co/9wJytHrF3a
Scott Stricklin, University of Florida Director of Athletics: "Ripple has established itself as an innovative leader in financial technology, and we're excited to welcome $XRP to Gator Nation" 🐊
The BIS just used the ripple:native Ledger as a notary.
GDP, CPI, banking data — hashed, batched, notarised on #XRPL in 3–5s for $0.000003 per anchor.
Next step in their own paper: tokenised bonds on the same ledger.