TplusZero

asymmetric bets / no investment advice

[TplusZero @TplusZero]

A straight line enabling a virtuous circle. Everytime $XRP goes 📈, odds increase for it to succeed.

[BNY @BNYglobal]

BREAKING: $BNY expands strategic collaboration with @Ripple across digital asset custody to now include @XRP, and explore new institutional use cases for blockchain technology, including tokenized trade finance.

Learn more: https://t.co/LXlIp1bIPv

$RLUSD $XRPL

[Ripple @Ripple]

Ripple is officially going under the hood. 👀

We're expanding our partnership with @RobinhoodApp across $RLUSD, Ripple Prime and Ripple Treasury, bringing together stablecoins, prime brokerage and treasury management to support both customer-facing services and core financial operations.

Together, we're bridging traditional and digital.
https://t.co/GNKAqTOYUv

[Ripple @Ripple]

Trade finance is coming to the XRP Ledger!

Today, we’re expanding our collaboration with @BNYglobal across custody and tokenized trade finance, bringing BNY’s institutional scale together with $RLUSD, @XRP and the XRP Ledger.

→ https://t.co/0wOltZclRj

[Brad Garlinghouse @bgarlinghouse]

Big news heading into @RippleSwell: the @USOCC has granted final approval for Ripple National Trust Bank.

This gives Ripple a federally supervised platform to support $RLUSD and provide digital asset custody to enterprises.

We’ve always said crypto and banks work better together — this is what that looks like. Real innovation, real accountability, federal oversight.

The revolution isn't happening outside the system. It's happening from within it.

[David 'JoelKatz' Schwartz @JoelKatz]

@uptownsaul @g_985589 @THEnome I think a world where XRPL is highly successful in financial applications but XRP does not have high demand and value is very unlikely. About the only way that could happen would be if we wound up in a world with one totally dominant settlement asset. That seems unlikely to me.

[Ripple @Ripple]

RLUSD payments are becoming part of the banking infrastructure fintechs already use.

We’re partnering with @CrossRiverBank to integrate RLUSD on the XRP Ledger into its core banking platform, providing 24/7 settlement within payment networks and greater flexibility to settle intraday.

Learn more: https://t.co/H3UwgwrvhH

[xrpl_Adam @xrpl_adam]

To the complainers that say the bug bounty "wasn't enough". It took AI probably less than $500 in credits and a day or two of testing/reproducing/confirming in a testnet environment. that's a massive return. 250k is also in line with what major tech companies have paid out historically on critical bugs. To these people i imagine no amount would ever be "enough".

The $10M is the Wormhole payout from 2022. The rest have been much smaller.

📊 Bug bounties: advertised max vs. what actually gets paid

Apple: $2M max | $500K top paid | ~$44K avg
Google: $1.5M | $250K | ~$23K
Microsoft: $250K | $200K | ~$49K
Web3: $16M | $10M | ~$2K median

Avg = per researcher. Most bugs pay a fraction of the cap.

[CoinMarketCap @CoinMarketCap]

ICYMI: ⚡️ Ripple CTO emeritus David Schwartz says fee revenue is a "terrible metric" for valuing L1s because it measures how much friction a network failed to remove.

[WSJ Markets @WSJmarkets]

Ripple has expanded into nearly every corner of the crypto industry, from stablecoins to asset custody. Now it is edging into Wall Street’s terrain. https://t.co/py72Dvwsev

[TplusZero @TplusZero]

@jason_kint @SmolfishB The ratio of damages vs market cap shows you how existential Google‘s monopolistic abuse has been to publishers - aka the fourth pillar of democracy.

[J. Ayo Akinyele @ja_akinyele]

10M+ x402 payments have now settled on the XRP Ledger, less than 3 months after hitting the 1M milestone.

The volume is still dominated by AI agents paying for inference and data, but we’re starting to see a broader range of x402 services show up across financial data, risk, credit and other agent APIs.

Also, the latest 7-day run rate is now 500K payments per day. Pretty incredible to see how quickly this is growing as agents start to autonomously discover, pay for and consume services.

And the XRP Ledger is increasingly becoming infrastructure for the machine economy!

h/t @t54ai

[TplusZero @TplusZero]

@luke_judges $6.3B is quite a difference between the reported numbers on https://t.co/waHPeBQsat - is the platform struggling to keep track?

[Ripple @Ripple]

A licensed central securities depository is recording securities ownership on a public blockchain for the first time — on the XRP Ledger. 🇧🇷

CSD BR is partnering with Ripple to bring Brazil's regulated capital markets onchain, starting with BTG Pactual fund shares, secured by Ripple Custody. https://t.co/Q2nrSHeXuO

[LJ @luke_judges]

This is the first time the XRP Ledger is publicly being integrated into core financial market infrastructure of this scale.

Brazil is the 10th largest economy in the world. CSD BR is one of two entities approved to operate by the Comissão de Valores Mobiliários (CVM) Brazil’s core clearing, settlement and securities depository infrastructures, with more than BRL 22 trillion in registered assets.

The journey starts with BTG Pactual fund shares, with a path toward bringing major parts of Brazil’s fixed-income market on to the XRPL.

CSD BR chose the XRPL because it was purpose built for financial use cases and can integrate with existing regulated infrastructure out of the box.

As & when this scales I believe it can be a larger growth opportunity for the XRPL than all other previous opportunities combined.

We’re excited to keep building alongside the exceptional CSD BR team. And today, XRPL is the only blockchain in the stack.

https://t.co/dCPqHElDZy

[TplusZero @TplusZero]

@andyyy Ripple, the (still) private company

[TplusZero @TplusZero]

@BankXRP Yes. I believe it‘ll turn into a unique option for store of value use cases over time.

[TplusZero @TplusZero]

Also, people still miss that just because something is efficient in transactions doesn’t mean it isn’t also particularly well suited for store of value use cases… quite the opposite actually. It’ll be owned <10% by Ripple, it’ll be integrated into global payment flows, liquid, fast & cheap to transact, energy efficient - and it’ll be truly deflationary.

[TplusZero @TplusZero]

@JoelKatz Wow, amazing!! If we now revive https://t.co/rnMG2Z2PtV then the time travel has been completed

[J. Ayo Akinyele @ja_akinyele]

Great to have @nbougalis back home at @RippleXDev.

Nik has a long history with XRP Ledger and helped shape much of the foundation we’re building on today with @JoelKatz. Having him back with the team as we tackle the next set of hard technical problems feels pretty special.

Let's build! 🚀

[TplusZero @TplusZero]

The current state of $Mirror, @desoprotocol and @nadertheory:

Realize that this founder will never deliver anything beyond initial hype. Realize you cannot exit. Realize that the only hope is to comply and help find new innocent fools in order to exit.

cc: @a16zcrypto @sequoia @arrington @coinbase @blockchain @winklevosscap @TQVentures

[TplusZero @TplusZero]

To everyone who thinks about supporting $Mirror, consider the following facts:

- Nader raised a treasury worth >$150M (now spread across trusts that benefit him and his family) from supporters to create DESO, a (not so) decentralized social network. He made promises he never delivered on. He got sued by both SEC and DOJ. He stopped providing regular updates and support for the community, even after the settlement. He “revealed” that he worked the last two years on Mirror, with funds raised in order to build out DESO. The next lawsuit is lining up because of this. And even if one thinks that this is legal.. what’s the need to raise new funds from “new blood” (his own words) when you’re sitting on $150M+ ?
- maybe just do your due diligence and have a word with supporters from DESO/ Focus and see what they say after getting to know Nader for the past few years. For some of them you might be their last hope to get some exit liquidity. But the majority is at a point where they just do not want to support this cash grab any longer.. even if it is harming them financially.