Mauro Bra

[WOLF Terminal @WOLF_Terminal]

🇺🇸 SCOTT BESSENT JUST POSTED THIS:

Dear Senator Elizabeth Warren:

I have received your October 7 letter, which adds to the mounting body of evidence of your complete paucity of knowledge about financial markets. Rather than take my suggestion of studying introductory economics, you have continued your letter-writing crusade and participation in tabloid fodder about the Treasury Department.

Unfortunately, it is difficult to treat your concerns as sincere. As the federal funds rate climbed from near zero to its highest level in 22 years, with inflation hitting a 40-year high, you were a cheerleader for the Biden Administration’s reckless spending. You blamed the economic consequences on the Federal Reserve, rather than your own irresponsible fiscal policies. Your view of the economy depends on who occupies the White House, but your woeful understanding of the issues is consistent.

The “interventions” you describe as “unprecedented” have been underway since May 2024. The buyback program has been well received by market participants in bolstering Treasury liquidity, which reduces market volatility, increases the convenience yield of Treasury securities and ensures the best value for the taxpayer. The continued enhancements optimize Treasury market liquidity in primary and secondary markets. The U.S. Treasury market’s liquidity and performance versus global peers is evidence.

While you voted for a $5 trillion tax hike on everyday Americans, the Working Families Tax Cuts continue to deliver for families and workers across the country. The average refund this filing season was over $3,400, an increase of 11 percent over the previous year. More than 30 million workers claimed No Tax on Overtime, more than 7 million claimed No Tax on Tips, and more than 37 million seniors claimed their enhanced deduction. More than 34 million families claimed the permanently enhanced Child Tax Credit, and millions of families are utilizing Trump Accounts to unlock a new savings vehicle for children. All of which you voted against.

These results are made possible by the employees of the Department of the Treasury, who are working around the clock for the American people. Unsurprisingly, you have responded by criticizing their dedication and aptitude for the job in a recent interview.¹ Despite your malign characterization, the Domestic Finance team you alluded to in your interview is fully staffed relative to historical levels. It is ironic that you have voted against every presidential appointee for a position at Treasury, no matter how impressive the qualifications for the role. Given your newfound interest in Department personnel, I challenge you to reverse course and thoughtfully engage with future nominees and support their confirmation.

Finally, my offer of a Foreign Exchange for Dummies tutorial still stands and if you receive a passing grade on the Yale metric, not the Harvard curve, I would be happy to also include a Fixed Income for Dummies.

Sincerely,

Scott Bessent

Then he finished with a handwritten note ✍️

Happy Indigenous Peoples’ Day in advance to you and your family.

💀

[Mauro Bra @MauBraIt]

@Cryptoinsightuk are the last couple (Permission Delegation and Batch) enabling Financial Institutions to use XRPL at scale or some amendements are still required for the real show? (e.g. ConfidentialTransfer XLS-96;
SingleAssetVault XLS-65 & LendingProtocol + LendingProtocolV1_1 XLS-66)

[Paul Atkins @SECPaulSAtkins]

My thanks go to everyone who put so much effort into the CLARITY Act— across the Administration, Congress, investors, and innovators. Our collective conviction that America must continue to lead is indispensable.

I have been unequivocal: with or without legislation, we will act decisively within the SEC’s statutory authority to deliver certainty for American investors and for the entrepreneurs shaping our technological future.

Stay tuned.

[Mauro Bra @MauBraIt]

@BaronOfBeachSt Excellent job, thanks. Following now

[TheBaronOfBeachSt (The Legend) @BaronOfBeachSt]

𝟏𝟎/𝟏𝟎

𝐀𝐧𝐝 𝐏𝐀𝐆𝐄 𝟑𝟏 𝐝𝐨𝐞𝐬𝐧'𝐭 𝐬𝐭𝐨𝐩 𝐭𝐡𝐞𝐫𝐞.

𝐓𝐡𝐞𝐲 𝐞𝐱𝐩𝐥𝐚𝐢𝐧 𝐰𝐡𝐚𝐭 𝐡𝐚𝐩𝐩𝐞𝐧𝐬 𝐰𝐡𝐞𝐧:

𝐓𝐑𝐔𝐒𝐓𝐄𝐃 𝐃𝐀𝐓𝐀 + 𝐃𝐈𝐆𝐈𝐓𝐀𝐋 𝐀𝐒𝐒𝐄𝐓𝐒 + 𝐄𝐗𝐄𝐂𝐔𝐓𝐈𝐎𝐍

𝐫𝐞𝐬𝐢𝐝𝐞 𝐨𝐧 𝐭𝐡𝐞 𝐬𝐚𝐦𝐞 𝐜𝐡𝐚𝐢𝐧.

𝐓𝐡𝐞𝐲 𝐜𝐚𝐥𝐥 𝐨𝐧𝐞 𝐫𝐞𝐬𝐮𝐥𝐭:

𝐏𝐑𝐎𝐆𝐑𝐀𝐌𝐌𝐀𝐁𝐋𝐄 𝐓𝐑𝐔𝐒𝐓.

𝐓𝐡𝐞𝐲 𝐚𝐥𝐬𝐨 𝐝𝐞𝐬𝐜𝐫𝐢𝐛𝐞:

𝐑𝐄𝐃𝐔𝐂𝐄𝐃 𝐂𝐎𝐔𝐍𝐓𝐄𝐑𝐏𝐀𝐑𝐓𝐘 𝐑𝐈𝐒𝐊

𝐛𝐞𝐜𝐚𝐮𝐬𝐞 𝐰𝐡𝐞𝐧 𝐝𝐚𝐭𝐚, 𝐚𝐬𝐬𝐞𝐭𝐬 𝐚𝐧𝐝 𝐞𝐱𝐞𝐜𝐮𝐭𝐢𝐨𝐧 𝐥𝐨𝐠𝐢𝐜 𝐫𝐞𝐬𝐢𝐝𝐞 𝐨𝐧 𝐭𝐡𝐞 𝐬𝐚𝐦𝐞 𝐜𝐡𝐚𝐢𝐧 𝐭𝐡𝐞𝐫𝐞 𝐢𝐬 𝐥𝐞𝐬𝐬 𝐧𝐞𝐞𝐝 𝐭𝐨 𝐭𝐫𝐮𝐬𝐭:

𝐜𝐫𝐨𝐬𝐬-𝐜𝐡𝐚𝐢𝐧 𝐛𝐫𝐢𝐝𝐠𝐞𝐬

𝐞𝐱𝐭𝐞𝐫𝐧𝐚𝐥 𝐝𝐚𝐭𝐚 𝐟𝐞𝐞𝐝𝐬

𝐓𝐡𝐞𝐧 𝐜𝐨𝐦𝐞𝐬:

𝐈𝐍𝐍𝐎𝐕𝐀𝐓𝐈𝐎𝐍 𝐀𝐂𝐂𝐄𝐋𝐄𝐑𝐀𝐓𝐈𝐎𝐍.

𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐜𝐨𝐦𝐛𝐢𝐧𝐢𝐧𝐠:

𝐕𝐄𝐑𝐈𝐅𝐈𝐀𝐁𝐋𝐄 𝐄𝐂𝐎𝐍𝐎𝐌𝐈𝐂 𝐃𝐀𝐓𝐀 + 𝐏𝐑𝐎𝐆𝐑𝐀𝐌𝐌𝐀𝐁𝐋𝐄 𝐌𝐎𝐍𝐄𝐘

𝐰𝐢𝐭𝐡 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠:

• 𝐚𝐮𝐭𝐨𝐦𝐚𝐭𝐞𝐝 𝐦𝐨𝐧𝐞𝐭𝐚𝐫𝐲-𝐩𝐨𝐥𝐢𝐜𝐲 𝐢𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧
• 𝐭𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐭 𝐢𝐧𝐟𝐥𝐚𝐭𝐢𝐨𝐧-𝐢𝐧𝐝𝐞𝐱𝐞𝐝 𝐢𝐧𝐬𝐭𝐫𝐮𝐦𝐞𝐧𝐭𝐬
• 𝐝𝐲𝐧𝐚𝐦𝐢𝐜 𝐫𝐢𝐬𝐤-𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐭𝐨𝐨𝐥𝐬
𝐒𝐨 𝐛𝐞𝐟𝐨𝐫𝐞 𝐬𝐨𝐦𝐞𝐛𝐨𝐝𝐲 𝐬𝐭𝐚𝐫𝐭𝐬 𝐭𝐡𝐞 𝐮𝐬𝐮𝐚𝐥 𝐛𝐮𝐥𝐥𝐬𝐡𝐢𝐭:
𝐍𝐎.

𝐁𝐈𝐒 𝐝𝐢𝐝 𝐍𝐎𝐓 𝐚𝐧𝐧𝐨𝐮𝐧𝐜𝐞:

“𝐗𝐑𝐏 𝐢𝐬 𝐫𝐮𝐧𝐧𝐢𝐧𝐠 𝐭𝐡𝐞 𝐰𝐨𝐫𝐥𝐝'𝐬 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐬𝐲𝐬𝐭𝐞𝐦.”

𝐓𝐡𝐞𝐲 𝐝𝐢𝐝 𝐍𝐎𝐓 𝐬𝐚𝐲:

“𝐄𝐯𝐞𝐫𝐲 𝐂𝐁𝐃𝐂 𝐢𝐬 𝐦𝐨𝐯𝐢𝐧𝐠 𝐭𝐨 𝐗𝐑𝐏𝐋.”

𝐀𝐧𝐝 𝐈'𝐦 𝐧𝐨𝐭 𝐜𝐥𝐚𝐢𝐦𝐢𝐧𝐠 𝐭𝐡𝐚𝐭.

𝐈'𝐦 𝐭𝐞𝐥𝐥𝐢𝐧𝐠 𝐲𝐨𝐮 𝐰𝐡𝐚𝐭 𝐭𝐡𝐞𝐢𝐫 𝐎𝐖𝐍 𝐫𝐞𝐜𝐞𝐢𝐩𝐭𝐬 𝐞𝐬𝐭𝐚𝐛𝐥𝐢𝐬𝐡:

𝟐𝟎𝟐𝟓:

𝐁𝐈𝐒/𝐝-𝐟𝐢𝐧𝐞 𝐭𝐞𝐚𝐦 𝐛𝐮𝐢𝐥𝐝𝐬 𝐚𝐧 𝐗𝐑𝐏𝐋 𝐃𝐞𝐯𝐍𝐞𝐭 𝐏𝐨𝐂.

𝐓𝐡𝐞𝐲 𝐩𝐮𝐛𝐥𝐢𝐜𝐥𝐲 𝐃𝐄𝐌𝐎 𝐢𝐭.

𝐓𝐡𝐞𝐲 𝐜𝐚𝐥𝐜𝐮𝐥𝐚𝐭𝐞 𝐗𝐑𝐏 𝐡𝐨𝐥𝐝𝐢𝐧𝐠𝐬 𝐚𝐠𝐚𝐢𝐧𝐬𝐭 𝐭𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧 𝐜𝐚𝐩𝐚𝐜𝐢𝐭𝐲.

𝐓𝐡𝐞𝐲 𝐝𝐢𝐬𝐜𝐮𝐬𝐬 𝐞𝐱𝐭𝐞𝐧𝐝𝐢𝐧𝐠 𝐢𝐭 𝐭𝐨𝐰𝐚𝐫𝐝 𝐦𝐚𝐫𝐤𝐞𝐭𝐬, 𝐟𝐮𝐭𝐮𝐫𝐞𝐬, 𝐜𝐨𝐧𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐭𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐧𝐞𝐰 𝐝𝐢𝐠𝐢𝐭𝐚𝐥 𝐚𝐬𝐬𝐞𝐭𝐬.

𝟐𝟎𝟐𝟔:

𝐓𝐡𝐞 𝐩𝐫𝐨𝐣𝐞𝐜𝐭 𝐛𝐞𝐜𝐨𝐦𝐞𝐬 𝐚 𝟓𝟔-𝐩𝐚𝐠𝐞 𝐁𝐈𝐒 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐩𝐚𝐩𝐞𝐫.

𝐏𝐚𝐠𝐞 𝟏𝟒 𝐝𝐢𝐬𝐜𝐮𝐬𝐬𝐞𝐬 𝐩𝐮𝐭𝐭𝐢𝐧𝐠 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐞𝐱𝐞𝐜𝐮𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐭𝐫𝐮𝐬𝐭𝐞𝐝-𝐝𝐚𝐭𝐚 𝐚𝐧𝐜𝐡𝐨𝐫𝐢𝐧𝐠 𝐭𝐨𝐠𝐞𝐭𝐡𝐞𝐫—𝐚𝐧𝐝 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜𝐚𝐥𝐥𝐲 𝐝𝐢𝐬𝐜𝐮𝐬𝐬𝐞𝐬 𝐗𝐑𝐏𝐋'𝐬 𝐄𝐕𝐌-𝐜𝐨𝐦𝐩𝐚𝐭𝐢𝐛𝐥𝐞 𝐬𝐢𝐝𝐞𝐜𝐡𝐚𝐢𝐧 𝐚𝐬 𝐚 𝐬𝐢𝐧𝐠𝐥𝐞-𝐜𝐡𝐚𝐢𝐧 𝐢𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲.

𝐓𝐡𝐞𝐧 𝐏𝐚𝐠𝐞 𝟑𝟏 𝐬𝐚𝐲𝐬 𝐭𝐡𝐞 𝐌𝐎𝐒𝐓 𝐒𝐈𝐆𝐍𝐈𝐅𝐈𝐂𝐀𝐍𝐓 𝐀𝐃𝐕𝐀𝐍𝐓𝐀𝐆𝐄 𝐞𝐦𝐞𝐫𝐠𝐞𝐬 𝐰𝐡𝐞𝐧 𝐭𝐫𝐮𝐬𝐭𝐰𝐨𝐫𝐭𝐡𝐲 𝐝𝐚𝐭𝐚 𝐢𝐬 𝐨𝐧 𝐭𝐡𝐞 𝐒𝐀𝐌𝐄 𝐛𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐡𝐨𝐬𝐭𝐢𝐧𝐠 𝐝𝐢𝐠𝐢𝐭𝐚𝐥 𝐚𝐬𝐬𝐞𝐭𝐬 𝐢𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠:

𝐂𝐁𝐃𝐂𝐬.
𝐒𝐓𝐀𝐁𝐋𝐄𝐂𝐎𝐈𝐍𝐒.
𝐓𝐎𝐊𝐄𝐍𝐈𝐒𝐄𝐃 𝐃𝐄𝐏𝐎𝐒𝐈𝐓𝐒.
𝐃𝐄𝐑𝐈𝐕𝐀𝐓𝐈𝐕𝐄𝐒.

𝐓𝐡𝐚𝐭 𝐢𝐬𝐧'𝐭 𝐦𝐞 𝐜𝐨𝐧𝐧𝐞𝐜𝐭𝐢𝐧𝐠 𝐢𝐦𝐚𝐠𝐢𝐧𝐚𝐫𝐲 𝐝𝐨𝐭𝐬.

𝐓𝐇𝐎𝐒𝐄 𝐀𝐑𝐄 𝐓𝐇𝐄 𝐀𝐂𝐓𝐔𝐀𝐋 𝐃𝐎𝐓𝐒 𝐓𝐇𝐄𝐘 𝐏𝐔𝐓 𝐎𝐍 𝐓𝐇𝐄 𝐏𝐀𝐆𝐄.
𝐆𝐨 𝐫𝐞𝐚𝐝 𝐢𝐭.
𝐆𝐨 𝐰𝐚𝐭𝐜𝐡 𝐭𝐡𝐞 𝐜𝐨𝐧𝐟𝐞𝐫𝐞𝐧𝐜𝐞 𝐬𝐞𝐬𝐬𝐢𝐨𝐧.
𝐆𝐨 𝐰𝐚𝐭𝐜𝐡 𝐭𝐡𝐞 𝐝𝐞𝐦𝐨.

𝐆𝐨 𝐥𝐨𝐨𝐤 𝐚𝐭 𝐒𝐥𝐢𝐝𝐞𝐬 𝟕 & 𝟖.

𝐓𝐡𝐞𝐧 𝐠𝐨 𝐫𝐞𝐚𝐝 𝐏𝐚𝐠𝐞𝐬 𝟕, 𝟏𝟒 & 𝟑𝟏.

𝐀𝐧𝐝 𝐜𝐨𝐦𝐞 𝐛𝐚𝐜𝐤 𝐚𝐧𝐝 𝐭𝐞𝐥𝐥 𝐦𝐞 𝐭𝐡𝐢𝐬 𝐰𝐚𝐬 𝐣𝐮𝐬𝐭 𝐬𝐨𝐦𝐞 𝐦𝐞𝐚𝐧𝐢𝐧𝐠𝐥𝐞𝐬𝐬 𝐥𝐢𝐭𝐭𝐥𝐞 𝐗𝐑𝐏𝐋 𝐞𝐱𝐩𝐞𝐫𝐢𝐦𝐞𝐧𝐭.

𝐀𝐅𝐓𝐄𝐑 𝐃𝐀𝐓𝐈𝐍𝐆 𝐅𝐎𝐑 𝐌𝐀𝐍𝐘 𝐘𝐄𝐀𝐑𝐒...

𝐋𝐨𝐨𝐤𝐬 𝐭𝐨 𝐦𝐞 𝐥𝐢𝐤𝐞 𝐭𝐡𝐞𝐬𝐞 𝐭𝐰𝐨 𝐟𝐢𝐧𝐚𝐥𝐥𝐲 𝐝𝐞𝐜𝐢𝐝𝐞𝐝 𝐭𝐨 𝐠𝐨 𝐬𝐭𝐞𝐚𝐝𝐲.

I HOPE YOU ENJOYED THE SHOW,

-𝐓𝐇𝐄 𝐋𝐄𝐆𝐄𝐍𝐃/𝐓𝐇𝐄 𝐁𝐀𝐑𝐎𝐍

𝐌𝐀𝐒𝐓𝐄𝐑 𝐑𝐄𝐂𝐄𝐈𝐏𝐓:

https://t.co/Kg0Mx6D6ld

[Brad Garlinghouse @bgarlinghouse]

Is it any surprise that BIS is testing with XRPL.. low fees (check) fast settlement (check) and proven track record (check).
https://t.co/M5AFdXYvz5

[Brad Garlinghouse @bgarlinghouse]

Great to be back at the White House today alongside @realDonaldTrump, @SECPaulSAtkins, @ChairmanSelig and leaders across the crypto industry.

The big picture has never been clearer: 67 million Americans hold crypto today (that’s nearly 1 in 4!). Crypto isn't a fringe industry. And Washington DC knows the crypto voter is alive and well.

This President's incredible commitment to innovation and leadership around digital assets in the US has been profound. The future is bright.

[Rob Cunningham @KuwlShow]

The SEC’s Nuclear Option: A Commission-wide Digital-Asset Safe Harbor on August 14, 2026?

Section 36 of the Securities Exchange Act gives the SEC remarkably broad exemptive authority.

The SEC itself describes it this way:

“…the Commission may, by rule, regulation, or order, conditionally or unconditionally exempt persons, transactions, securities - or entire classes of them - from provisions of the Exchange Act or its rules, provided the exemption is in the public interest and consistent with investor protection.”

Imagine the Commission voting August 14 for a sweeping Digital Asset Market Transition / Innovation Exemption establishing something like:

Until Congress completes comprehensive market-structure legislation, qualifying decentralized digital assets and qualifying transactions involving them may operate under a defined federal safe harbor and tailored securities-market framework, rather than being forced through securities rules designed for conventional issuers and intermediaries.

That would not literally enact the CLARITY Act. The SEC cannot legislate the CFTC into possessing powers Congress has not granted it, rewrite statutes, or enact CLARITY by administrative vote.

But within the SEC’s own statutory jurisdiction, it could potentially accomplish something economically similar in important areas.

And there is precedent for thinking in exactly this direction. The SEC has already been actively exercising Section 36 authority in 2026, including conditional exemptions from Exchange Act requirements.

Now take that concept to its theoretical maximum.

The Commission could combine several actions into one enormous regulatory package:

1 Define the securities boundary much more sharply.

2 Establish that numerous crypto assets are not themselves securities merely because they previously were sold in an investment-contract transaction. The SEC has already issued a March 2026 Commission interpretation specifically addressing how federal securities laws apply to different types of crypto assets and crypto transactions.

3 Create a broad Section 36 transitional exemption.
Exchanges, broker-dealers, ATSs, custodians and other regulated entities could receive conditional relief allowing them to interact with qualifying digital assets and blockchain infrastructure without every legacy securities-market requirement mechanically applying.

4 Open regulated securities markets to on-chain infrastructure.
The really radical version would permit qualifying broker-dealers, exchanges, clearing organizations and other intermediaries to integrate tokenized securities, blockchain settlement and digital assets under specified conditions.

5 Create an innovation exemption for tokenization.
Instead of requiring every novel DLT architecture to wait years for bespoke regulatory accommodation, establish a principles-based pathway: meet custody, disclosure, anti-fraud, capital, cybersecurity and investor-protection conditions and enter the regulated marketplace now.

6 Resolve the secondary-market problem.
The Commission could make unmistakably clear that secondary transactions in qualifying non-security crypto assets don’t somehow become securities transactions merely because an asset once figured in somebody else’s securities offering.

7 Normalize regulated custody and collateral treatment.
A coordinated package could remove major SEC-created obstacles to broker-dealer custody, tokenized collateral, digital-asset securities and institutional participation.

@SECGov @CFTC @USTreasury @fairshake @POTUS @SECPaulSAtkins @Ripple

[Digital Asset Investor @digitalassetbuy]

We all hope that The Clarity Act passes in September but @SenWarren is working overtime to stop it. @EdMarkey is her puppet and votes as he's told. We need to elect @JohnEDeaton1 @DeatonforSenate to get her puppet's gauranteed NO vote out.
Everyone please donate to https://t.co/XnGVEpCNXk
It's time for the big boys in crypto to step up to the plate and show their support for John as well:
@elonmusk @brian_armstrong @novogratz @Scaramucci @coinbase @kraken @jespow @a16z @pmarca @bgarlinghouse @MetaLawMan @bhorowitz @chrislarsensf @Tyler @cameron @standwithcrypto @america

[JackTheRippler ©️ @RippleXrpie]

🚨UNBELIEVABLE: 🇺🇸 THESE DEMOCRATS OPPOSE THE CRYPTO CLARITY ACT.

🗣️ VOTE THEM ALL OUT!

[Rob Cunningham @KuwlShow]

Ripple has quietly attacked the hardest adoption problem.

What Ripple has assembled is an institutional value operating system - with XRP positioned between corporate treasury, institutional markets, payments, liquidity, collateral and tokenized assets

The biggest barrier to institutional blockchain adoption was arguably never blockchain throughput

It was workflow integration

CFOs don’t want another dashboard

Controllers don’t want another reconciliation process

Treasurers don’t want another liquidity silo

Risk officers don’t want invisible positions

Auditors don’t want unexplained wallet activity

Boards don’t want uncontrolled infrastructure

Ripple’s new architecture attacks exactly those problems

Digital-asset transactions inside Ripple Treasury can carry native notional amounts, fiat equivalents and contemporaneous exchange rates, while balances can be tracked to 15 decimal places. Ripple describes digital assets as operating under essentially the same treasury-account structure and audit discipline as traditional cash

That changes the institutional conversation from:

“How can our company experiment with XRP?”

to something much more mundane—and therefore potentially much more powerful:

“Which treasury transactions should use XRP?”

That is how infrastructure adoption happens

Now connect the two ends of Ripple’s architecture

Think of Ripple Treasury and Ripple Prime⁠ as two enormous institutional doors opening toward the same digital-asset economy

Ripple Treasury sits on the corporate side

Cash management
→ liquidity forecasting
→ corporate working capital
→ bank accounts
→ payments
→ FX exposure
→ digital assets
→ XRP/RLUSD
→ tokenized assets

Ripple explicitly describes the platform as allowing corporate treasury to “see, earn on, and move value across traditional and blockchain rails” without replacing existing controls and workflows. Its cross-border functionality can convert fiat into a digital asset, move value across borders and convert it back into destination fiat

Ripple Prime sits on the capital-markets side

Institutional trading
→ OTC markets
→ digital assets
→ FX
→ derivatives
→ repo
→ financing
→ cross-margining
→ collateral
→ custody

Ripple Prime already clears more than $3 trillion annually for 300+ institutional customers across digital assets, FX, precious metals, exchange-traded derivatives, OTC swaps and fixed-income repo

And XRP can exist within both worlds

That is the architectural breakthrough

XRP becomes connective tissue rather than merely an investment

Consider a multinational corporation with $5 billion distributed among dozens of subsidiaries, currencies and jurisdictions.

Traditionally, its treasury operation is essentially managing islands of value:

USD here.

EUR there.

JPY somewhere else.

Receivables somewhere else.

Collateral somewhere else.

Money-market investments elsewhere.

Correspondent-bank balances elsewhere.

And increasingly tokenized assets somewhere else.

Ripple Treasury begins collapsing those islands into a common management environment. Ripple says its digital-asset capability gives CFOs a single system for fiat and digital liquidity while preserving existing workflows, approval processes and audit trails.

Now introduce XRP.

XRP doesn’t necessarily need to replace those assets

It can connect them.

That distinction is fundamental.

The most consequential XRP thesis isn’t:

XRP becomes everybody’s money

It is:

XRP becomes infrastructure through which everybody’s money can move

That is a much larger addressable role.

And this creates a remarkable corporate liquidity loop:

Corporate Cash
↓
Ripple Treasury
↓
USD / EUR / JPY / GBP / etc.
↕
XRP / RLUSD / Digital Assets
↕
XRPL / Digital-Asset Infrastructure
↕
Payments • FX • Liquidity • Tokenized Assets
↕
Ripple Prime
↕
Institutional Liquidity • OTC Markets • Financing • Margin • Repo
↓
Global Capital Markets

This is how XRP becomes interesting.

@Ripple Works.

[The Real Remi Relief 🙏✝️💪 @RemiReliefX]

🚨Good Evening Beautiful Souls…We Have A Clarity Update🚨

Clarity is now being billed as a security risk to our country. This is beautiful and exactly what we need. The senators are now forced to vote…

It’s no longer are you pro or con crypto. It’s now are you pro or con America and its security.

Tuesday September 15 Clarity Voting
Tuesday November 3 Midterm Voting

Very smart of whoever postponed the voting. It pretty much ensures a passing. Senators will continue to get bombarded with phone calls and emails. A wrong vote on clarity can potentially get them out of office considering 1/3 of Americans hold crypto.

[𝓐𝓶𝓮𝓵𝓲𝓮 @_Crypto_Barbie]

🇺🇸 JUST IN: THE SENATE OFFICIALLY POSTPONES VOTE ON CRYPTO CLARITY ACT UNTIL AFTER SUMMER RECESS! ⏰

THIS IS THE LIST OF SENATORS OPPOSING THE CLARITY ACT 👇🏼

VOTE THEM OUT‼️

[Wilberforce Theophilus @Eze_Wilberforce]

🚨 Vote Them Out: List of Senators Blocking the CLARITY Act.

[MetaLawMan @MetaLawMan]

The incumbent Democrat Senators who: (a) opposed the Clarity Act; and (b) are running for re-election THIS YEAR are:

Markey (Mass.)
Hickenlooper (Colorado)
Coons (Delaware)
Ossoff (Georgia)
Booker (NJ)
Lujan (NM)
Merkley (Oregon)
Reed (Rhode Island)
Warner (Virginia)

[Senator Cynthia Lummis @SenLummis]

My statement on Clarity Act⬇️⬇️

[Stuart Alderoty @s_alderoty]

A @WSJopinion piece this week referred to supporters of crypto regulation as "the crypto boys." But that's not who the crypto community is.

There are 67 million Americans who own crypto today. One-third are women. More are over 55 than under 25 years old. They're teachers, construction workers, veterans, nurses, parents, and small business owners.

[The Real Remi Relief 🙏✝️💪 @RemiReliefX]

🚨XRP Public Service Announcement🚨

This has been a very frustrating waiting game for all of us. I’m just as frustrated. Summer 2025 was suppose to have been the crypto millionaire season but politics had a different plan.

We are watching a political tug of war BUT it’s all BS. Don’t be fooled. The war is over and Clarity has to get passed. Republican or Democrat…each party is one wing of the same bird 🦅 That bird being The USA.

The handlers, bankers and head honchos are now calling for clarity. They control the politicians. Someone like Warren will continue to pretend and will vote no to keep the fake persona going. Others will flip yes. The USA will not allow their technology to be controlled by Russia or China.

Just stick to what I’m saying. I know more than what I can say. But you will be happy. DO NOT give up now. The feeling will suck. I lost out on the Dot Com and on BTC. I had both in the palm of my hand and never invested. I will NOT lose with XRP 💪💪💪

Stay strong. It won’t take much to make you a XRP millionaire. I’m referencing XRP in particular and not all crypto. It won’t take much XRP to give you financial freedom.

STAY STRONG. WE ARE THERE 🚀🚀🚀
All Glory to Jesus.

[Senator Cynthia Lummis @SenLummis]

America needs Clarity.

[CryptoLaw @CryptoLawUS]

There's a growing pro-crypto voter movement. We don't care what party you're in.

To the Senators blocking Clarity: we'll remember in November and in 2028. There are no "anti-crypto voters" coming to save you.

Demand your Senator pass Clarity NOW.
https://t.co/GzHabguvh1