The baby steps are behind us. We're accelerating to a new level where assets, technology, and payments come together onchain to deliver better everyday financial services to users.
@DenelleDixon joined @ThinkingCrypto1 to discuss what's new on the Stellar network, and what's coming.
The platform you trade on can cost or save you thousands.
For a $100K trade of tokenized CRCL over the weekend, Ondo Global Markets averaged $25.55 in execution costs while others averaged $1,168, a 46x difference.
Real 24/7 trading matters. See the results for yourself 🧵
🔥FRANKLIN TEMPLETON CEO BREAKS DOWN COMPOUNDING WITH TRUMP ACCOUNTS
Jenny Johnson said investing $1,000 a year for 10 years starting at age 20 leaves you with more at retirement than someone who starts at 30 and invests for 30 years.
"With Trump Accounts, we're now starting at birth and being able to compound. I think it's incredibly powerful."
BREAKING: The White House just confirmed the US Strategic Bitcoin Reserve is being formally structured right now.
The US already holds 328,372 Bitcoin worth around $25 billion, making it the largest known government holder of Bitcoin in the world.
That is 1.56 percent of the entire Bitcoin supply currently in circulation.
Not a single coin was purchased. Every Bitcoin in the reserve was seized from criminals through civil and criminal asset forfeitures.
The government has committed to never selling any of it.
A separate Digital Asset Stockpile will hold everything else seized, including Ethereum, XRP, and other altcoins.
The word "structure" matters here. The reserve exists on paper but the legal and operational framework to formally manage it is still being built.
That is what the White House is now working on.
Congress is separately working on legislation called the American Reserves Modernization Act that would direct the Treasury to buy 1 million Bitcoin over five years.
If that passes, the US becomes the first country in history to actively purchase Bitcoin as a formal national reserve asset, with a 20 year minimum hold period.
NEW: @Ripple received its complete Crypto-Asset Service Provider license, making the company fully compliant with the EU's MiCA rules.
When we spoke to Cassie Craddock (@CraddockCJ), Ripple's VP, Managing Director - UK and Europe, last year, she said:
"The main reason we're seeing this adoption really happening now is regulatory clarity. It's providing banks and the largest financial institutions in the world the incentive and the ability to really lean into offering this to their customers."
"MiCA here in Europe has really kickstarted that momentum, and what we've seen is banks almost racing on a regional basis to launch a digital asset offering to their customers, because their customers are demanding it."
Now with full Crypto-Asset Service Provider authorization, Ripple can offer its regulated crypto payments product to financial institutions, corporates, and businesses across all 30 countries in the European Economic Area.
1/5 ~$4B in total tokenized real-world assets now sit on the XRP network, roughly 4x the size of its entire ETF market. Demand for XRP is turning up in three places at once. 🧵👇
This content is for informational purposes only and does not constitute investment advice. This content may contain forward-looking statements that involve risks and uncertainties; actual results may differ materially. Digital assets involve risk, including potential loss of principal. Learn more about Evernorth: https://t.co/f1nPiu69OG.
.@worldlibertyfi USD1 is live across the Zebec ecosystem.
From payroll and payments to yield, USD1 can be used to receive payroll, spend with @ZebecCards, and access WLFI Markets directly in the SuperApp. More yield solutions are coming later this year.
Before it was a nation, America was an investment. In that same spirit, the launch of Trump Accounts marks a historic opportunity for the next generation to invest in the American Dream.
I applaud President Trump and @SecScottBessent for their work to deliver this initiative.
It’s official: Ripple has received its EU CASP license. We are now fully MiCA-compliant and ready to meet growing European crypto demand https://t.co/I9GRgvfGzH
🚨 Former Federal Reserve Executive Gregg Kid Had Dropped A Bombshell On U.S. Banking Industry
Every dollar will be put on-chain and will be FDIC-insured. Those dollars can be held by any person in the world and essentially every person outside the U.S. will have a dollar deposit account on ledger.
He also says that Ripple is putting The Entire Banking Industry on-chain.
Now with Permissioned domains and privacy layer by @DNAOnChain giving credential system for institutions, this is going to be the biggest breakthrough for XRPL.
Do not forget, President Trump has said that the U.S. will rewire the banking and financial system using blockchain technology.
Well, we now know what conversation took place between President Trump and Brad Garlinghouse at the White House Dinner😳🤯
Tokenization is going mainstream.
This week, BNY, Standard Chartered, Robinhood, and Ondo all made major moves toward the next generation of financial markets.
Key updates ↓
1️⃣ BNY adds Circle’s stablecoin to digital-asset platform
Bank of New York Mellon will allow institutional customers to store, transfer, mint, and burn Circle Internet Group’s USDC stablecoin.
https://t.co/pvArdrGT5R
2️⃣ Robinhood launches Ethereum layer 2
Robinhood launched its own blockchain, an Ethereum layer 2 using Arbitrum technology, along with tokenized stocks.
https://t.co/hGthQrbuJP
3️⃣ Standard Chartered pilots digital asset prime brokerage
Standard Chartered announced it trialed prime brokerage credit transactions supporting digital asset trades, making it one of the first G-SIBs to execute such trades.
https://t.co/m2G8C30RiU
4️⃣ Ondo launches first-ever custodial tokenized securities in the U.S.
Ondo, in partnership with Broadridge, announced the first-ever live solution of third-party tokenized U.S. securities operating entirely within the existing regulatory perimeter in the U.S.
https://t.co/JSmoLdELtG
CLARITY Act update 👀
✅ House passed
✅ Senate Banking Committee passed
⏳ Full Senate vote next window opens after senators return July 13
Calendar's tight but the path to Trump's desk before August recess is very real. Buckle up
🇰🇷 A South Korean lawmaker just disclosed holding 519,004 XRP in her official asset filing 👀
Her son holds another 3,336 XRP.
Another Seoul councilor reported 409K XRP too.
Politicians are quietly stacking $XRP are you? 💰