UnoEOD

Retired USAF Bomb Squad

[UnoEOD @unoeod]

@dom_kwok @elppir985 You are a lot more giddy since your WH visit! Love it!

[UnoEOD @unoeod]

We can all agree current XRP demand is limited to retail. We don’t know exactly when institutional demand starts, and we don’t know its full impact. It could pump to its ATH and stop. It could explode to thousands. Personally, I think this retail bull run will pump it to mid $20s, then over the next 5 years, institutions will drive it higher. This is based on legit data I read only, not speculative theory.
If the wild theories are correct, we all win faster. If not, then it takes 5 years. I do believe XRP (and many other cryptos) will comprise the new financial system due to the pending Agentic economy.

[UnoEOD @unoeod]

Say It With Me!

[SonOfaRichard @heythereRich]

Let’s go back to early 2025.

Tokenized Treasury market: 5.4B

Today: $13.9B

2.6 x larger
Fighting uphill.

broader onchain RWA market:
$46B

But the important question—not where it’s going — the velocity of getting there.

Speed.

$5.4B to $13.9B, the tokenized Treasury market grew 157%

Over eighteen months, that represents annualized growth rate @ 75%

That is not linear growth.
But it could be soon.
It is not yet.
No. Not yet proof that the market will compound at that rate forever.

But it’s enough. To show aggressive expansion.
Acceleration.
Institutional adoption is 16 year old who is behind the wheel. Doesn’t even have their license yet.

Now — assume growth rate stays similar:

RWA market is $46B today
More conservative 30% annual growth:
$170B by 2030

At 50% annual growth, it would reach roughly:
$350B by 2030

At the recent tokenized Treasury pace of approximately 75% annualized growth, the # would be much larger:

$1 trillion + by 2030

And if that rate itself continues accelerating — not merely growth, but an increasing rate of growth — then the 2030s begin to look less like a sports car and more like a Space X Rocket. It’s #’s

Several trillion by ‘35
Tens of trillions by ‘40

Not predictions.
Scenario ranges.

Small differences in compounding create enormous differences… over time.

Growing 20% …ok
at 75%, 100% annually is something else entirely

Growth.
Sustainability.
Sustainability as infrastructure.

How much energy does the system consume?

Can it settle billions of transactions without creating an equally large environmental burden?

Can it remain efficient as the assets, users, jurisdictions and transactions multiplies?

The winning infrastructure will not simply be the infrastructure that can process transactions.

It will be the infrastructure that can process them efficiently, reliably and sustainably at global scale.

AT SCALE.

Because ENERGY matters.
COST HAS ALWAYS MATTERED.
Energy = Cost

Better said: the lack of unnecessary energy matters

The objective: not to move all assets onchain

It is to create a system where settlement, custody, compliance, liquidity and collateral mobility can operate with dramatically less friction and waste.

Treasuries: the beginning

After Treasuries?
Carbon credits
Compute capacity
Energy production/storage
Data rights
Machine-generated revenue

The next major asset classes may not even look like traditional financial assets — but they are.

Bookmark this.
Call me an idiot

They’ll include:
Verified carbon-removal capacity
Reserved AI compute access
Battery storage
Power Grid Balancing
Water rights
M2M

Most people are not thinking about these as collateral yet.

Just like they didn’t think solar and AI 20-30 years ago.

But if an asset can be measured, verified, owned, transferred, financed and used to generate future cash flow, it can eventually become part of a financial market.

That is our direction.
Treasuries = trust
Digital cash = settlement
Interoperability = movement
Infrastructure = scale

Enough assets can move, settle and serve as collateral, the next layer becomes inevitable.

Enough Assets = Derivatives

Collateralized lending.
Synthetic exposure.
Risk-transfer markets.

A Treasury token is an asset.

One that can move 24/7 is collateral.

A Treasury token that can be pledged across venues is financial infrastructure.

A Treasury token that can support lending, margin, hedging and derivatives is part of a new market structure.

the progression:

Foundation.
Collateral.
Liquidity.
Interoperability.
Settlement.
Scale.
Derivatives.

So in 2025 when people asked where the volume was, they were looking at construction through the wrong lens.

Staring at the empty field asking where the stadium was.

The builders were laying the foundation.

Not optimizing for what existed that day.

Choosing infrastructure that could grow into a much larger system.

The endgame was never just putting Treasuries on a blockchain.

It was the foundation.

[UnoEOD @unoeod]

@XenaXrp @Ramtha_XRP I think your initials are NB. But I could be wrong.

[UnoEOD @unoeod]

@MizzyMogs Mech Warrior, Star Wars X Wing Fighter, Rogue Spear, and Battlefield 1942. The first versions of each are the best!

[UnoEOD @unoeod]

@heythereRich Curious at what % (stage) of plumbing will enable price movement.

[UnoEOD @unoeod]

@heythereRich @RahmanR82010 US Gov starts new fiscal year 1 Oct (4th Qtr).

[UnoEOD @unoeod]

@heythereRich @dogdonewon @heythereRich Do you have a single post that lists/short explains the hard cutoff dates?

[UnoEOD @unoeod]

@dom_kwok The best thing is your 2030 price prediction happening immediately!

[UnoEOD @unoeod]

I have believed for a couple years that multiple ledgers will comprise the new DeFi system! All have their distinct roles to play! Some will explode faster than others. 5 year process at least!

[SonOfaRichard @heythereRich]

Wall Street isn’t choosing one blockchain.

It’s building a system where no single blockchain has to win.

The asset, custody, cash, FX, interoperability and settlement layers can all live in different places.

And that changes the XRP conversation.

DTCC’s architecture is becoming clearer:

ASSET LAYER
DTC remains the regulated anchor. Existing equities, ETFs and Treasuries can receive tokenized representations while legal rights remain inside the traditional DTC perimeter.

DISTRIBUTION LAYER
Those assets are becoming portable across multiple networks.

July 15, 2026: real DTC-tokenized production transactions.

October 2026: planned Tokenization Service launch.

1H 2027: expected expansion to Stellar.

2H 2027: targeted expansion to Circle Arc, including stablecoin-native settlement outside DTC against DTC-tokenized assets.

That is not a one-chain future.

It is a multi-chain distribution architecture.

Then comes custody.

September 16, 2026: Deutsche Bank announced institutional digital-asset custody for BTC, ETH, USDC, EURC and EURAU, targeting first clients during 2026 subject to regulatory completion.

Tokenized financial instruments are already on the roadmap.

Circle Arc launched the same day.

DTCC is a founding validator.

Deutsche Bank is not.

Deutsche Bank is instead an Arc / Circle Payments Network banking and design partner.

Different roles. Important distinction.

Now zoom out.

DTCC, Euroclear and Clearstream are building interoperability standards so assets do not become trapped inside isolated ledger environments.

Their problem is becoming obvious:

The asset can become mobile faster than the money underneath it.

I call this the Temporal Settlement Gap.

NSCC clearing can extend overnight.

Tokenized securities can move continuously.

Ledgers can operate around the clock.

But fiat wires, FX liquidity, central-bank money and custodians still operate across different jurisdictions and settlement windows.

That creates a mismatch.

The security may be ready.

The collateral may be ready.

The ledger may be open.

But the currency needed to settle may not be.

And this is where the XRP discussion needs to mature.

The question is NOT:

“Is DTCC using XRP?”

There is no public evidence supporting that.

The better question is:

What happens when thousands of tokenized assets, stablecoins, deposit tokens and currencies live across multiple networks and need liquidity between them 24/7?

Possible answers:

Stablecoins.

Tokenized deposits.

Bank FX.

Liquidity pools.

Interoperability networks.

Neutral bridge assets.

Possibly XRP.

That is the real battleground.

If stablecoins and tokenized deposits become universally liquid across every major corridor, XRP may not be needed for large parts of this architecture.

But if the system fragments across currencies, jurisdictions, chains and isolated liquidity pools, then the value may sit between the rails, not on the ledger holding the asset.

That is Scenario B.

The fragmentation trigger.

And that is where XRP becomes structurally interesting — not because DTCC secretly selected it, but because a neutral bridge asset could compress FX and settlement friction between disconnected pools of value.

The architecture is becoming clearer:

DTCC anchors the asset.
Multiple networks distribute it.
Banks custody it.
Stablecoins and deposits fund it.
Interoperability connects the ledgers.
Liquidity connects the money.

The next phase isn’t simply tokenization.

It is figuring out how all these tokenized assets actually settle across currencies, networks and time zones.

That is where the plumbing gets interesting.

[UnoEOD @unoeod]

@AnthonyAguero We need refineries, data centers, crypto, AI, and nuclear power plants! China is actively posting social media lies about all those technologies to keep the US from advancing further ahead!

[UnoEOD @unoeod]

@NextUpHalperin The trash takes itself out!! Nice!

[UnoEOD @unoeod]

@heythereRich Exactly! I’m very confident of imminent adoption. My only worry long term is government (dem) tampering to crown another.

[UnoEOD @unoeod]

Say It With Me!!

[SonOfaRichard @heythereRich]

Most people are watching the BTC run this morning.
I'm watching the largest custodian on the planet and its plumbing: BNY Mellon
BNY Mellon is by far the largest:
BNYM: $50T
STATE STREET: $44T
JPM: $34T
CITI: $24T

I’m watching where BNY Mellon is opening accounts—and what those accounts connect.

Before collateral can move faster, the custody and clearing lanes have to exist.

Here’s what the DTCC notices actually show:

BNY Mellon operates under primary DTC Participant 0901.

DTCC Important Notice B#24743-26 adds:

THE BANK OF NEW YORK MELLON / CBOE CLEAR EUROPE SFT
Account #3995
That matters because Cboe Clear Europe’s Securities Financing Transactions service is built to centrally clear repo and securities-lending transactions across multiple asset classes and settlement systems.

The securities do not all move through one universal ledger.

They settle where the assets legally live:

▪ European and Swiss securities → Euroclear
▪ UK securities → CREST
▪ U.S. Treasuries → Federal Reserve securities rails
▪ U.S. corporate bonds → DTC

BNY sits between those systems as the custody and collateral-management layer.

Then DTCC Important Notice B#24827-26 adds another piece.
Five additional BNY Mellon DTC accounts become operational Wednesday, September 23, 2026:
▪ Accounts 53–57
▪ DTC numbers #4290–#4304

The notices establish new segregated account capacity.

They do not, by themselves, prove those accounts are reserved for tokenized assets, Canton, Hyperledger Besu or an October launch.

Structurally, this is what matters:
BNY is expanding the account architecture needed to separate assets, instructions, counterparties and settlement obligations while connecting U.S. custody inventory to a European SFT clearing venue.

That creates a cross-border collateral funnel:
U.S. securities held at DTC
↓
Segregated through BNY’s custody structure
↓
Cleared through Cboe Clear Europe’s SFT service
↓
Settled across DTC, Fed, Euroclear or CREST rails

The asset can remain inside regulated custody while its financing, collateral allocation and settlement instructions become increasingly automated.

That is the real institutional tokenization model.

Not every bond abandoned on a public blockchain.

Regulated assets remain anchored inside recognized depositories while digital systems improve how ownership, collateral and settlement instructions move around them.

The old vault stays.
The pipes connecting the vaults are being rebuilt.

[UnoEOD @unoeod]

@rapthomas35 @dom_kwok @heythereRich Are you trying to be a cunt with your reply? You could have just not responded.

[UnoEOD @unoeod]

@rapthomas35 @dom_kwok You really want to know how? Follow @heythereRich . Read ALL his posts. He explains the architecture, and shows receipts! There’s no one more knowledgeable, who graciously and freely shares his thesis!

[UnoEOD @unoeod]

@GunsFanatics @gunenthusiast01 A friend had an old Browning A5 12gauge for sale. I bought it for $500. Looked up the serial number. Belgium Made in 1927.

[UnoEOD @unoeod]

@FirearmBeasts @gunenthusiast01 5.7 x 28! 30 round mag with speeds in excess of 1600fps from holstered pistol out to 100+ yards! FMJ, HP, and AP!

[UnoEOD @unoeod]

@vincent_vancode To be fair, I haven’t read them all. But the ones I have are full of helpful technical expertise! If a few are less than perfect, it’s certainly worth sorting thru for the good stuff!

[UnoEOD @unoeod]

@heythereRich Makes me think owning XRPN alone will soon create generational wealth!