OMG! MASTERCARD FLIPPED AND XRP JUST WON! THIS IS HUGE!

Added: 2026-05-30

[00:00:00]Stable coins are becoming such a massive piece of the global economy to the point where we are now starting to see every singlewhere you look stable coins being labeled as a risk because they're getting so big to the point where they are now risking you know blowing up the global economy essentially. And you know I think that it's kind of comical that this is still an ongoing thing. Like we know that stable coins if they are pegged properly and they're not algorithmic stable coins, they are 100% safe. There's no problems with them. But we do have here that a piece from Greg_IP in Wall Street Journal today asked whether stable coins are a risk to the economy because they are private money.

[00:00:50]It is a fair question, but the framing skips over how the US monetary system has actually worked for 160 years.

[00:00:58]Private money isn't the exception in our system. It's the role roughly 90% of the M2 is privately issued. Commercial bank deposits and money market uh fund shares. Now when we look at this obviously there's a lot of things that are tied back to these types of assets because you have major banks you have banks being regulated by basil you have capital FDIC and even stress testing money market funds by the SEC liquidity rules and now genius stable coins by a purpose-built federal regime because again stable coins are now fully regulated. So the right question isn't public or private it's whether the regulation matches the risk. genius does. And we have your stable coins are private money. That's why they're a risk to the economy.

[00:01:43]Banks are regulated the way they are because of what banks do. They lend, transform maturities, run through 10:1 leverage, and create credit. Genius issuers cannot do any of those things.

[00:01:56]By statute, they hold cash and short data US treasuries one:1 against ondemand claims. No loans, no leverage, no fractional reserve. The free banking analogy doesn't hold. Pre1863 notes were backed by speculative state bonds under inconsistent state rules with no federal floor. Genius imposes exactly the floor that era lacked.

[00:02:20]Highquality liquid assets, segregation, par redemption, monthly at the stations, and federal supervision.

[00:02:27]The articles three risk claims broke the buck reach for yield and loss of singleness actually argued for genius's design rather than against it. Prime money market funds broke the buck in 2008 because they held commercial paper.

[00:02:41]Genius stable coquins cannot. The reserve list is closed by statute. Cash shortdated treasuries and fed eligible repo. Reach for a yield is foreclosed in law not left to issuer discretion on singleness which what matters is whether a holder can redeem a stable coin for a dollar at the issuer and spend it as a dollar in commerce. Genius guarantees this par redemption segregated reserves and statutory pri priority claim monthly attestations and real time onchain visibility more transparent than any bank deposit.

[00:03:14]Small secondary market price moves on exchanges are normal market dynamics, not a singleness failure. What matters is that every deviation resolves back to par at the point of redemptions. Genius ensures that it will. Two, empirical claims also deserve a second look.

[00:03:33]Overseas use is framed as a vulnerability. It's the opposite. It's the dollar's reach. Most USDC is held outside the US by users who were never US bank depositors. That demand is by insured dated treasuries and extending dollar dominance onto rails the US supervises. Seating it doesn't shrink demand. It routes it to non US issuers, non dollar stable coins or CBDC arrangements that bypass US oversight.

[00:03:59]On elicit finance, stablecoin transactions are uniquely traceable.

[00:04:03]Headline percentages routinely conflate flagged address volume with actual elicit value onchain forensics support sanctions enforcement in ways correspondent banking never could. The closing line that stable coins may have to follow the same path as banks assumes the destination is bank regulation. It isn't and it shouldn't be. Congress and regulators spend 150 years calibrating a regime to bank risk. Genius did the same calibration exercise for a different instrument with a structurally narrower risk surface. Importing bank rolls where the underlying risks don't exist wouldn't improve safety. It would foreclose the public benefits, faster payments, programmable settlement, broader dollar access that make payment stable coins worth getting right.

[00:04:49]And yeah, I mean if we really look at what's happening here. Yeah, I mean I think that stable coins, they should not be treated the same way as banks at all.

[00:05:00]Like we are in a world where stable coins are becoming the new fiat currency. So that's exactly how it should be regulated and that's exactly what Genius does. So we already have all the risk solved. All we need to do is open up the door and stop being terrified of new money. This is improved, upgraded fiat currency.

[00:05:24]But on top of that, we do also have over here because when I bring this up, we're now starting to see some pretty big moves. Mastercard is one of the newest players to do this. We have here from coin bureau milestone stable coins on Ripple's network reportedly surpassed $1 billion with the XRP ledger stable coin capitalization up 63.7% in 30 days alone to $823 million.

[00:05:51]Growth was driven by ROUSD and on Treasury fund now holding over $294 million on the XRP ledger. Yeah, when we go back to stable coins, ROUSD is one of the best examples of a regulated, transparent, compliant stable coin.

[00:06:11]ROUSD is the safest stable coin to hold.

[00:06:16]When we think about this, we are also starting to see adoption around ROUSD really soaring, which we love to see.

[00:06:23]And yes, the XRP ledger is starting to see a tremendous amount of growth, up 82% in the last 30 days, nearing $700 million. Even trading volume or monthly transfer volume is up 178%. And when we think about the XRP ledger, also stable coin market cap is up 60 almost 2% at almost a billion dollar and stable coin 30-day transum is up also 120% nearly at $4.33 billion.

[00:06:51]But again, we think about how big stable coins are becoming.

[00:06:55]Imagine what clarity combined with genius can do for stable coins. Stable coins currently are sitting at about $34 billion on RWA.xyz.

[00:07:05]But if we go over here to DeFi Lama, we're sitting at about roughly $322 billion.

[00:07:14]This is what the volume looks like. In February, we hit about 1.8 trillion. I don't think that this includes um as much volume as we are expecting simply because like I don't think that this is the true volume. Every single one of these platforms they're a little bit off with things. Um but the main thing that we are looking at here is that stable coin adoption is going absolutely insane. Um, we know that like the currency demand around stable coins and just like the overall growth around stable coins specifically are hitting historical numbers and that's why you have every single big player like Mascard flipping.

[00:07:54]What exactly am I talking about? Well, Mascard applied for a bit license and they just got the bit license.

[00:08:03]Breaking news. Mascard has been granted a bit license by the New York State Department of Financial Services, advancing our commitment to secure and also compliant digital asset innovation.

[00:08:16]Now, if we go over here to the update, we have Mascard granted New York State Department of Financial Services Bit License. The approval supports Mastercard's long-term strategy to engage responsibly with evolving payment and settlement infrastructure for digital assets. Basically, this means that they're going to expand their digital asset offerings and also start to really kind of push things forward with digital assets as well. We have down here that the approval reflects Mastercard's ongoing engagement with regulators and its commitment to meeting the high standards required to operate in a well- reggulated financial environment as payment systems continue to evolve.

[00:08:50]This license or this framework if you will, the bit license framework is widely recognized for establishing comprehensive requirements related to consumer protection, cyber security, financial integrity, and operational resilience.

[00:09:02]I will say this, this license is not easy to get at all. Ripple was actually the first ever individual to receive the bit license for institutional use case of digital assets. This was back in 2016, mind you.

[00:09:20]And this is all around XRP, by the way.

[00:09:24]But if we go back over here to the Mastercard breakdown, clear regulatory frameworks play an important role in building trust and confidence as new forms of digital value move from experimentation towards practical application. This approval underscores our focus on aligning innovation with regulatory expectations of high levels of security, compliance, and risk management. The Bit License approval aligns with Mascort's long-term strategy to responsibly engage with evolving payment and settlement infrastructure supporting digital currencies such as stable coins and tokenized deposits.

[00:09:57]This is very important to understand and we'll talk about why.

[00:10:01]As digital and traditional financial systems continue to evolve, Mascard remains focused on advancing interopability, reliability, and trust across the payments ecosystem, strengthening the infrastructure behind the scenes so global commerce can operate safely at scale.

[00:10:15]Now, the fact that they're fully focused on tokenization and stable coins when this just got announced back in November of last year, Ripple teams up with Mascard, Web Bank, and Gemini to bring stable coin settlement with ROUSD to improve fiat payments. Yeah, that's very big to understand. Also, by the way, together with Mascard, they'll explore the use of Ripple ROUSD on the XRP ledger, a public blockchain built for fast and secure transactions to support stablecoin settlement of fiat card transactions.

[00:10:51]The initiative is designed to enable ROSD operating on the XRP ledger to facilitate blockchain based settlement process between Mastercard and Web Bank, the issuer of the Gemini credit card.

[00:11:01]So yeah, this is definitely exciting and I feel like all of this is tied back to also one big thing which is the this crypto partner program.

[00:11:16]This got announced back in March of this year. Ripple joins Mascard crypto partner program to advance onchain payments. This is with Binance Circle, PayPal, Gemini, and a few other players.

[00:11:27]But uh this is all based around crossber transactions, B2B payments and global payouts. Also all based around global payments with blockchainbased payments with global card networks.

[00:11:43]Ripple of course right there at the forefront.

[00:11:47]And we have over here Mascar just got approved for a bit license in New York. Stable coins are becoming or being absorbed into the existing financial system. Yes, they are. When you have names like Mascard starting to advance forward with a bit license pushing digital assets, stable coins, tokenization, you need to pay attention when we think about Mascard. Again, a lot of people like obviously everyone knows about Mascard. If you don't, then you know you've been living under a rock. But when we think about how big Mascard is, they are a massive giant in the card world, in the transactional world. Mascard's been around for a very long time. They have a ton of numbers behind them, a ton of banks behind them, you name it. And when we think about them going digital, you need to open your eyes to what's really happening here. We are witnessing the evolution of everything around us. And it's because stable coins specifically have been completely dominating everything which is why these these card companies are trying to get behind it right now so that they don't get completely replaced.

[00:12:58]We have over here breaking cumulative crypto card payment volumes have reached a record $7.8 billion with monthly volumes now up 230% since May of 2025. Guys, the market has been terrible, but payments, card payments around crypto are going parabolic. Stable coins going parabolic.

[00:13:26]Adoption's happening.

[00:13:28]It's happening silently, though.

[00:13:32]Crypto card adoption has rapidly accelerated in 2026 due to growing access to stable coins as a payments rail through crypto cards. In other words, more people can now spend stable coins like fiat by using cryptocards, further driving adoption. The growth comes amid the launch of Jupiter uh global which has seen a 6 almost 50% surge in spending volume over the last two months. Visa is capturing 90% of onchain card transactions via cryptonnative infrastructure partnerships like Jupiter Global.

[00:14:03]cryptocards are the ultimate use case for stable coins and they definitely are which is why we love the fact that Mascard and Ripple are already working together on this in a big way with of course the XRP ledger and XRP at the core of this partnership. So the fact that now Ripple and also Mascard both have this license this bit license is huge.

[00:14:27]I don't think that this is a coincidence though.

[00:14:31]And I'm very excited to watch ROUSD and the XRP ledger in terms of stablecoin market cap and stablecoin volume. I'm I'm watching these two closely because I'm going to be very very confident in saying this. I believe that by the end of this year is going to easily surpass $3 billion market cap. The XRP ledger will most likely have at least $1.5 billion in stable coin market cap and the stable coin 30-day transformation should be nearing 10 billion by the end of this year. I know it's a very confident outlook, but with how much adoption has been happening around both ROUSD and the XRP ledger, I don't see how we don't hit those numbers. So, with that being said, I hope that you guys enjoyed this video. If you guys did, like, subscribe, notifications on because more free content. You guys more follow me on Twitter and join the free discord in the description below. And with that being said, guys, Nick, thanks for watching. Peace out, guys.