Ripple has filed a letter with the SEC requesting that XRP be treated similarly to Bitcoin and Ethereum, and that their stablecoin RLUSD be recognized as top-tier collateral with 0% haircut, which would lower capital requirements for banks and custodians to hold XRP, facilitating institutional adoption by treating it as a tier-one asset comparable to gold and treasury bonds.
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WHAT?! OMG, THEY'RE ALL IN ON XRP?? (SCOTT BESSENT BOMBSHELL)Hinzugefügt:
Massive announcement from the White House by the treasurer of the United States, Scott Bent. Oscar Ramos saying allin on XRP before this happens. What did he say? We're going to play the clip and get into it. We also hear from the chief legal officer at Ripple, Stuart Alderati, talking about Ripple. XRP, the one-stop shop for blockchain infrastructure. Also, Ripple does file a letter with the SEC that could pave the way for institutional adoption of XRP, treating it like Bitcoin and Ethereum.
This could be massive. We also see XRP flying over the What's up group, the messaging system. Mr. Man has an insane post about Ripple and XRP here and the BIS. And I got so much more to go over.
I hope you're having a good day and I hope you have a great weekend. Let's get into the information. Please support the content with a like and I do want to hear from you down below in the comment section. All right, here we go.
>> This administration's been very clear.
There will be no central bank digital currency which I think the is would be the first step toward tracking. So we have taken that off the table. We've passed stable coin legislation would bipartisan and the clarity act is now up on the hill and I think it has bipartisan support and the most important thing we can do is to make digital assets come into the United States. make the US the home, our regulation, our best practices are what will ensure good standards for these.
When you look at digital assets, all the nonsense that happens, all the things you read about, that's because it's the wild wild west offshore. So, we got to bring it on shore. So, I would encourage the House and the Senate to get clarity done. I greatly appreciate Scott finally saying what we all understood is that you can't just plaster the crypto space is bad and there's crooks everywhere because of a few bad actors. Of course, when you have a space that isn't regulated, bad actors will flourish. And this is why you need regulation in the United States and every other top global jurisdiction where value moves through it because we are entering a new financial system. What I also feel is interesting here, Scott Passen has been working on the US UK transatlantic partnership and Ripple somehow finds its way into those meetings in the United States at the in the UK as well. You also have Scott Pent talking to Yoshi Taka Katau about XRP. That was a few months ago. So you do have some interesting connections forming here with these current White House blockchain and crypto assets. And of course, if they're moving forward with their own infrastructure here in the United States, that infrastructure would probably be built around something to do with Ripple XRP or interledger protocol.
That's just my personal opinion and feeling. Ripple is constantly in the White House. And I feel like anytime, you know, the White House is trying to get some understanding of what's going on in the current market and the structure, Ripple is there to to give their opinion and to give their help.
Brad Garlinghouse, Chris Larson, all these people. All right, let's continue with the Steuart Alderat clips. Let's play it.
>> So, if you're a company, if you're a a large or mediumsized enterprise and you want to adopt crypto into your platform, either for payments, for custody, for tokenization, for liquidity, for treasury management, we become a one-stop shop to do that.
>> We become a one-stop shop to do that. We have talked about this forever, right?
As Ripple acquires new pieces of this blockchain infrastructure puzzle, connecting DeFi and Tradefi together, remember you have G Treasury. Now, Ripple Treasury does $13 trillion worth of money movement every single year. And none of that is either through stable coins or through a cryptocurrency. As we move to this new phase where everything should be moving on blockchain rails, imagine bringing five or 10 or 13 trillion dollars of movement onto the XRP ledger. That's just one company.
Imagine many more. Now, here's another clip of Stuart Alderati.
>> Crypto is no longer a niche product. I think it is creeping more into the mainstream. It's not an eitheror. It's not where you either use crypto or use traditional financial services. I think we are now in a world where using both and both are becoming interchangeable and interoperable and that's what we're starting to see.
>> I love that. We did see a big announcement with the DTCC and the Stellar Development Foundation that was announced, I believe, yesterday and it has sent the cryptosphere into a spin. I was buying Stellar last week. I actually told people on Tuesday's stream that I was buying Stellar and then what do you know? Boom, you get the news and Stellar's up like 40% in the last few days. Good time to buy Stellar. Love that. And if you guys are acquiring Stellar, acquiring XRP, let me know down below what your, you know, favorite assets that you are buying right now.
Maybe I'm missing something. So tell me.
Ripple files a letter to the SEC to officially treat XRP and Bitcoin it like Ethereum. 0% haircut collateral stylist to RLUSD. What the heck does this mean?
Direct answer. Ripple sent the the SEC crypto task force a former followup letter asking regulators to treat XRP like Bitcoin and Ethereum for certain rules to recognize a Ripple issued stablecoin as a top tier collateral with 0% haircut and make onchain registers the authoritative legal ownership of record. Uh the first image is the Ripple branded letter dated May 22nd, 2026 addressed to the SEC crypto task force summarizing the meeting and the listing specific request and suggested rule changes. The second image is a social post summarizing the letters main ass classify XRP readily marketable like Bitcoin and ETH grant RLUSD top tier collateral status reduce the current 2% reserve to 0% and make blockchain registers the official ownership record.
And of course, we did a little bit talk about this. Recognize RLUSD as a top tier collateral under rule 15C3-1.
And then reduce custody reserve haircuts on stable coins from 2% to 0% when there is a mint burn relationship or clear link between the issuer or the broker dealer. Make onchain registers the single authority of legal register to remove ambiguity between on and offchain records of tokenized assets. Why this matters? If regulators accept these changes, broker dealers and custodians could treat XRP and certain stable coins more like cash equivalents or top tier collateral. Bam. That's exactly what we need. Lowering capital and reserve burdens for firms to hold them. Okay, so this is kind of like maybe the BIS, you know, making XRP a tier one asset, kind of like what gold and treasury bonds are. You want to be able to allow banks to buy and hold XRP without holding a bunch of reserves. Currently, I believe it's like, you know, XRP fits into kind of like a tier 2 status and you need to have it backed up maybe like 12 to1 or 1250% to one. I don't know if that's changed recently since we last looked at it, but they're trying to make it easier for banks to hold XRP. I think that's the main point and what we should be focused on right here. officially recognizing onchain ownership could simplify legal title settlements and tokenized asset mechanics accelerating institutional adoption. So, a lot of really cool things happening there. Now, Chartner did post this. Okay, Chartner Nerd says, "Do you know you can send XRP through WhatsApp? Let me play this for you. Send Salsa a remittance service built on WhatsApp without any blockchain technology without leaving the application. I can now send money to my mom with two clicks. Mobile wallet is currently doing about 50k in monthly transactions. We are live on the XRP mainet and we have national contracts with MTN orange and UBA meu. Salsa is also live on XRPL mainet with the integration of RLUSD and XRP that could be sent and received on WhatsApp. So Gerald, what changed? What changed is we do have solid partnerships integrating with XRPPL, MTN, Orange and M toU. We also have the proper infrastructure and we're doing the transaction from end to end originating the transaction from any country and terminating it in another. Did you know you could use this to send XRP on WhatsApp? That might help a lot of you.
That's a pretty cool feature and I'm sure there's going to be more use cases where that comes from. Now, Mr. man did post this and I thought it was valuable to talk with you about it. I just want to make certain that all of you are aware of the magnitude of what this means. The document in the screenshot is the BIS committee on payments and market infrastructures document titled crossber payments interoperability and extension pi task force composition dated the 8th of July 2024. It shows Renee Hushen, the director of payment operations at Ripple, listed as Ripple's representative inside the financial infrastructures group alongside Buuna, SIP, CLS, EBA clearing, FAL International, Iberay, Mastercard, Paps, Payments Canada, Realtime Growth Settlement, Global, Swift Clearing House, and Worldline. Ripple is not sitting in a crypto working group.
Ripple was sitting in the payment infrastructure layer with entities that operate or shape national, regional and crossber settlement systems. Then the second image completes the significance.
The XRP ledger foundation says Renee Hushen is now the director of operations and specifically states he works at Ripple as a director of payment operations and was a part of the BIS crossber payments interoperability and extension task force working closely with payment infrastructure leaders and regulators around the globe. The same person who represented Ripple in the BIS task force on crossber payment interoperability is now running operations at the XRP ledger foundation who offers infrastructure. The deeper implication is that the XRP ledger foundation operations are being guided by someone who understands what financial market infrastructure operators actually require before they touch the rail. So the XRP ledger can operate an operational resilience, incident management and risk controls, participant coordination, change management, user communication and regulator facing processes that aligns directly with the CPMI, the IOS paper titled principles for financial market infrastructures assessment methodology for oversight expectations applicable to critical service providers published on December 2014. The paper says financial market infrastructures may depend on thirdparty providers such as information and technology messaging providers of those providers can become critical to the operation of one or more of those financial institutions. So this is actually one of the old papers that we've seen a lot. This is back in July and so Ripple here. And so that is actually a really cool connection and good to see somebody of this caliber going to work for the XRP Ledger Foundation. We need really smart people to make sure that the XRP ledger is the blockchain of choice going forward. And it looks like we are seeing that. XLM, Algo, and XRP offer key features for stock tokenization. Here you go. Stellar by combining this structure with features such as transfer restrictions, authorization requirements, revocability, and clawback. Stellar can implement the control surface required for stock tokens. It does have some information on Algrand here at the contract level. And then here you go.
Ethereum, Ripple Chain, Hyperledger, and others, stocks, bonds. We know that's the future. Also, I thought I I thought this was a good clip to play for you here. This is from Mr. Man.
>> So, that's the bigger picture. If you want to know whether Ripple is serious about that mission, let's look at the people they've assembled. This company with legal strength, technical strength, enterprise strength, fintech history, and institutional relationships packed with global strategy and financial discipline. That's why I keep saying that people are watching the wrong thing. They're watching the candles. I'm watching the infrastructure. I'm watching the leadership. They're watching noise on social media. I'm watching influence. Because if XRP does become the world's currency, it will not happen because retail screamed loud on X. It will happen because Ripple built the rails, fought the battles, earned institutional trust, expanded globally, secured partnerships, launched projects, and positioned XRP inside of the new financial system. So that is the story and that's why XRP holders are not easily shaken because when you look beyond the price and actually study the team, the strategy, the infrastructure, it becomes obvious that Ripple is not playing a small game. It's not random and it's not accidental. This is not another crypto project hoping for attention.
>> All right, fair. Fair enough. XRP tokenized real world asset growth is outpacing Ethereum by more than 2x in 2026. 227 million to 44 million year to date, 78 plus, while Ethereum sits at plus 35% started the year with the smallest base among major chains still outgrowing most of them on the percentage basis. And so here you go.
This is where we are currently. This is January 1st on this column and this is May 19th on this column. Huge growth for the XRP ledger. Say though, look at say going from 30,286 million. That's strong. Plume also going from 134 to 623 million. And of course ZKYNC era man some some players making some big moves here. And of course Stellar look at that 130%. Love to see that. Great job.
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