🇰🇷 SOUTH KOREA OPENS 24-HOUR WON TRADING AT THE WORST POSSIBLE TIME
South Korea will let the won trade 24 hours a day for the first time starting July 6, even as the currency sits at a 17-year low, per Bloomberg.
The risk is that global traders can now bet against it at any hour, a fear rooted in the 1997 Asian financial crisis that nearly broke the economy.
great conversation w/ @jacqmelinek this week breaking down all things @Ripple Prime. TL;DR: The lines between TradFi and digital assets are disappearing. RLUSD and $XRP are already being used as collateral, institutions are demanding 24/7 capital mobility, and the infrastructure to support it is here. Much more to come from us this year! 💪🏼
DTCC
NSCC = CLEARING
DTC = SETTLEMENT
JUNE
J28: Highway expansion
JULY
J13: Cars get faster
Pay/settle same day
J14: Fast cars enter traffic
J17: Comment period closes for credit unions
*JU18: All reg. comments needed and stablecoin finality (mostly)
JU19: treasury-fincen—$RLUSD
->Great for Ripple & $RLUSD & GTreasury
OCTOBER
All cars go fast + enter
2027
tokenization explodes
WILD CARDS
The Carry Trade
TETHER
BIS & IMF
BTC + strategy
California DFAL, July 1st
Swift blockchain ledger
BLACKROCK
EVERNORTH
IRAN-US-OIL
CLARITY ACT (17th)
Interesting that as finalization of rules converge it’s the same
time the carry trade, Iran-US-Oil, MICA + tetherall stories converging as well with final chapters being written.
Introducing Doppler: Toward CLARITY, our new article series.
In Episode 1, we explain why the CLARITY Act matters as a market-structure event, and why institutional capital needs defined rules to scale.
Read the full article here:
Congratulations on the security audit milestone.
Doppler is building infrastructure for tokenized capital markets, leveraging XRP Ledger's native features like XLS-65 and XLS-66 to enable collateral, lending, financing, and liquidity for tokenized assets.
Excited for what’s ahead.