How Many XRP Wallets? | XRP Rich List | CashApp Crypto | No More Regulation by Enforcement SEC

Added: 2026-05-28

[00:00:07]Good morning. Welcome back to the show.

[00:00:10]It is the one and only James Rule XRP on this beautiful Thursday morning. Follow me at All the Money on Twitter.

[00:00:18]There's all kind of amazing things going on right now in the world of blockchain and crypto and tokenization and all the above. Even when you look at your portfolio and you see negative numbers, just be patient.

[00:00:32]If you're an OG like me, you've been in this space for 9 or 10 years, you've gone through the hustle and bustle, you've been on that roller coaster, and really in the background some amazing things are happening and if you could just hold it out long enough to experience what a lot of people in this community has experienced over the past several years, things are going to be awesome. So, let's go and get into it. Today's sponsor is iTrustCapital.

[00:01:00]iTrustCapital offers treasury accounts, IRAs, premium custody accounts, and Roth IRAs. I have all of the above. And you know what? It is so amazing because I was interviewing The Cryptic Wolf yesterday and we talked about scams and phone calls and all the above. Well, iTrustCapital is institutional grade custody. If you want to keep your funds safe, if you want to keep your institutional grade custody, you know, in uh generational wealth secure with institutional grade custody, go to iTrustCapital. Sign up for free below. When you fund your account for the first time, you're going to get a $100 funding bonus. There are no monthly fees. They are low There are very low fees to convert from one to the other.

[00:01:51]And about a month ago, they came out with this article stating that stocks and ETFs are coming to Ultra's Capital people.

[00:02:00]You just wait. Some really amazing things are going to happen in your retirement accounts, especially with Ultra's Capital. Let's take a look at numbers. Oh my goodness, 2 and 1/2 trillion market cap. Where did our prices go? Where did crypto go? Bitcoin is down to $73,000.

[00:02:17]Ethereum is under $2,000. Oh my goodness, the final shakeout, hopefully.

[00:02:23]XRP $1.28. I tell you what, if I had some extra cash right now, uh I did pick up some XLM yesterday with the DTCC news, believe it or not.

[00:02:33]Uh if I had a little bit more, I would be picking up XRP, but that is not financial advice. Let's go ahead and take a look at things. So, yesterday Donald Trump released this on Truth Social, and I went to validate it. I went to Truth Social on my account, went to his account, and sure enough, he posted this yesterday.

[00:02:54]Gary Gensler and the anti-crypto army nearly destroyed the American crypto industry by driving Bitcoin, crypto perpetuals, and innovation offshore, but Trump saved it. America is now the crypto capital of the world, and builders and entrepreneurs are back to the United States where they belong.

[00:03:14]Under my leadership, we will codify a future-proof digital asset market structure that cannot be undone by the crypto haters. The new frontier of finance is being built in America, and Trump will never let crypto down.

[00:03:28]President Donald J. Trump. We need the Clarity Act to happen as soon as possible, Mr. Trump.

[00:03:35]We need it to happen as soon as possible. Paul Atkins with the SEC says that they are ending crypto enforcement era with a clarity pledge.

[00:03:47]SEC Chair Paul Atkins declared the era of the SEC being at odds with technology is over, boosting momentum for advancing the Clarity Act. I'm not going to read through it.

[00:03:59]But, if you don't know, if you're brand new to crypto, the last administration, the Gary Genslers, uh regulated by enforcement, they pocketed money, they drove companies out, they sued companies for no reason because they made up the rules as they went. And this has come to an end. We're waiting on clarity.

[00:04:19]The BIS, the Bank for International Settlements, has Project Agora. It is a public-private collaboration that aims to test the desirability, feasibility, and viability of multi-currency shared programmable platform for wholesale cross-border payments. Wow, that's a lot to put in one sentence. Uh the prototype illustrates the potential of tokenization to modernize wholesale cross-border payments.

[00:04:45]Uh I went through and searched through some of this document. Uh the EVM, the Ethereum virtual uh side chain, uh is being used uh in the testing mode. I don't know which blockchains are going to be used for this, but let's keep going.

[00:05:03]Blockworks launches the Transparency Alliance, people.

[00:05:07]Blockworks launches the Transparency Alliance.

[00:05:13]A collective of leading exchanges, market makers, funds, and protocols are backing the token transparency framework. And if we go here to Blockworks, a collective of leading exchanges, market makers, funds, and protocols are backing the token transparency framework.

[00:05:31]And it goes through here, and it talks about it, and it shows all of these different players, Coinbase, Kraken, Binance, FalconX, Grayscale, you got Securitize, BitGo, Franklin Templeton, MoonPay, baby, Anchorage Digital, VanEck, and Bitwise.

[00:05:46]And if we come down a little bit farther and zoom in a little, we're looking at Ripple, Ave, Mexc.

[00:05:53]Uh I mean, we can go through here and just see some familiar uh Pantera uh just what they're doing is they're giving transparency to new projects. They have the token transparency framework, which all of these different tokens here they have filed with the SEC. They're waiting on uh positive feedback. I don't know what most of these are.

[00:06:18]But, I will leave a copy below and let you kind of scan through it and kind of like look at it before it happens. Hmm.

[00:06:24]I don't know. Is that insider trading? I don't think so.

[00:06:28]CoinDesk, Cash App adds USDC transfers from Solana, Ethereum, Polygon, and Arbitrum for its 59 million monthly users with no fees and no separate wallet required.

[00:06:42]All right, when are we getting RLUSD in Cash App?

[00:06:45]RLUSD, baby. RLUSD, Ripple stablecoin.

[00:06:50]That's okay. Great things are happening.

[00:06:53]XRP rich list stats. I'll bring this up on occasion, and I just want it to be a refresher for all of you out there.

[00:07:00]There are currently 7.8 million XRP wallets in existence. And yes, some of the centralized exchanges have thousands of individuals tied to one wallet with the destination tag that has to be entered your hotel room in the hotel.

[00:07:16]But, if we look again at the balance distribution here, people, 7.8 million wallets, 3.9 million of those wallets only have 0 to 20 XRP.

[00:07:29]2.5 million of those wallets, which brings us up to almost 6 and 1/2 million, if not 6 and 1/2 million wallets, have 20 to 500 XRP and 262,000 wallets have 500 to 1,000 XRP.

[00:07:50]What does that leave us at? About, I don't know, a million, maybe a million and a half wallets that have over a thousand XRP. It really makes you think.

[00:08:03]And a lot of us out there have multiple XRP wallets. I probably have a dozen.

[00:08:08]Over the past 6 years of tested wallets, of closed wallets, I've tried all kind of different hardware wallets, software wallets, you name it, all the above. I probably have over a dozen XRP wallets that I've had at one point in time.

[00:08:25]And you start adding up the fact that a lot of people out there have more than one wallet. So, out of 1.5 million wallets, what does that skew down to? It shows you how we are the, I call it the one-percenters. And I've been calling it the one-percenters for years because we are still early and we're in it to win it, people.

[00:08:48]Mastercard.

[00:08:49]I mentioned this yesterday. They're granted New York State Department of Financial Services bit license. Well, I took it a step further, people. I went into Supergrock and I said, "How would the New York bit license benefit Mastercard?" Have a listen here.

[00:09:03]Mastercard, specifically its subsidiary, Mastercard Transaction Services, was granted a New York bit license by the New York Department of Financial Services on May the 27th, 2026.

[00:09:16]And it says it's going to enable regulated digital asset activities in New York. I know many of you in New York, I don't know if Coinbase is available in New York yet, but you know, it's crazy because everything is regulated in New York. You got the stock exchange, everything else. And at the same time, a lot of people that live in New York do not have access to these services, these crypto services, these centralized exchanges.

[00:09:40]Well, it legally allows MasterCard to conduct virtual currency business including handling, storing, and facilitating transactions involving digital assets in the state, which is a global financial hub. Without it, such such activities would be restricted or prohibited for non-licensed entities.

[00:10:00]It advances their strategies in stablecoins, tokenized deposits, and blockchain-based payments. And it kind of goes into detail and everything. Like I said, every time I create content on my YouTube channel, I always leave a copy of everything I talk about in the description of the video.

[00:10:18]Finally, we talk about dream building.

[00:10:20]We're talking about there will be signs.

[00:10:21]Well, I found this video found a video clip yesterday and I went to the ICON webpage.

[00:10:28]Oh my goodness, you know, I'm trying to get my drone pilot license so I could fly around for real estate and stuff, but after looking at this, this plane taking off from the water, landing in an airport, oh my goodness. I mean, the thoughts are endless.

[00:10:44]The ICON A5 discover adventure flying.

[00:10:48]Oh my goodness. Oh my goodness. Choose your A5. You got the FAA type certified edition. You got the 2024 ICON A5 LSA.

[00:10:56]Like I said, it's something to look at.

[00:10:59]It just intrigues me to know that the advancements in technology and GPS and and being able to own something like this and take off from your lake or take off from the beach or land at the beach or land in the Bahamas or land in Florida or whatever and just hop back in it and take off and fly to a different destination. Oh my god, the possibilities are endless and everybody right now is in the panic mode because their investments are $1.29 XRP, 73, 1900.

[00:11:31]You know, we go down here and we look at Stellar XLM, which is up to 18.8 cents. It's up 11.2% on the month.

[00:11:43]And it got a little bit of bang yesterday because of the DTCC announcement. Hang in there, people.

[00:11:49]There's a lot of things happening for the good. Open up your horizon. Increase your bucket list to pages, not just sentences.

[00:11:58]>> [laughter] >> Believe me, I have a whole Encyclopedia Britannica list of bucket list items all over the world around the world. Island hopping, country hopping, whatever it may be. So, anyway, have a fantastic day. James Rule XRP is out of here.

[00:12:12]Don't forget, people, I told you so.