๐Ÿ”Ž๐—” ๐˜€๐—น๐—ฒ๐˜‚๐˜๐—ต ๐—ถ๐—ป ๐˜๐—ต๐—ฒ #๐—–๐—ฟ๐˜†๐—ฝ๐˜๐—ผ ๐—จ๐—ป๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€๐—ฒ #๐—š๐—ผ๐—น๐—ฑ, #๐—ฆ๐—ถ๐—น๐˜ƒ๐—ฒ๐—ฟ, & #๐— ๐—ฎ๐—ฐ๐—ฟ๐—ผ ๐˜๐—ฟ๐—ฒ๐—ป๐—ฑ๐˜€ ๐Ÿ—บ | ๐—ก๐—™๐—”

Earth ๐ŸŒŽ
Joined April 2020
๐Ÿ’ฅ๐Ÿ’ฅ๐Ÿ’ฅ๐—ฅ๐—ถ๐—ฝ๐—ฝ๐—น๐—ฒ ๐˜… ๐—ฆ๐˜๐—ฒ๐—น๐—น๐—ฎ๐—ฟ ๐˜… ๐—จ.๐—ฆ. ๐——๐—ฒ๐—ฝ๐—ฎ๐—ฟ๐˜๐—บ๐—ฒ๐—ป๐˜ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ง๐—ฟ๐—ฒ๐—ฎ๐˜€๐˜‚๐—ฟ๐˜†๐Ÿ’ฅ๐Ÿ’ฅ๐Ÿ’ฅ @Ripple & @StellarOrg at a roundtable discussion alongside Nellie Liang, under-secretary for domestic finance, U.S. Department of the Treasury. ๐Ÿ˜Ž๐Ÿ‘‡๐Ÿผ ๐Ÿ—“ Washington DC, April 23, 2024 ๐Ÿ”ธ๏ธDiscussion on the technical and regulatory requirements for upgrading the legacy capabilities of central bank money. ๐Ÿ”ธ๏ธExploring the potential implications for consumers, investors, and businesses. ๐Ÿ”ธ๏ธThey also delved into the long-term vision for the integration of #CBDCs, #tokenisation, and #stablecoins into the broader US financial ecosystem, including potential benefits for economic growth and resilience. #Ripple #Stellar #XRP #XLM #XRPCommunity #stablecoins #CBDCs #Crypto
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This week is going to be fun, shoutout to our comms and events team. They do a fantastic job at ripple. Thereโ€™s a lot of announcements, across traditional finance and retail use cases coming!
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Ripple just got final OCC approval for an actual national trust bank. Translation: Brad Garlichouse and the boys now have federal custody and RLUSD reserves locked down, right behind Circle. Banks didn't kill crypto, they just became them.
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HOT TOPIC: XRP holders, Ripple now has a US bank ๐Ÿฆ Final OCC approval lets Ripple's new trust bank guard the reserves behind its $2.5B RLUSD stablecoin. Circle got the same charter in July. Big win for Ripple. How big for $XRP? ๐Ÿ‘‡ coinmarketcap.com/community/โ€ฆ
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Why would the Treasury Secretary be speaking at Swell ๐Ÿค”
Just noticed @SecScottBessent is now on the Ripple Swell speakers list ๐Ÿค”
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๐ŸšจBREAKING: JAPAN WILL ASK EVERY CITIZEN TO STOCK FOOD, WATER AND TOILET SUPPLIES FOR AT LEAST 3 DAYS, IDEALLY 1 WEEK. Britain, France, Germany and the EU have already told their people to keep emergency supplies ready. Here's what's happening: โ†’ THE REQUEST: Disaster minister Goshi Hosono will issue an "emergency request" to every citizen, the central ministries and all prefectures on November 2. โ†’ 1 WEEK: He wants food, water and toilet supplies at home for "at least 3 days" and, "if possible, 1 week." โ†’ ON YOUR OWN: He wants every home able to get by "even without public help." โ†’ THE THREATS: a Nankai Trough quake, a quake right under Tokyo, giant quakes along the Japan and Chishima trenches, and a Mount Fuji eruption. โ†’ DAY ONE: Japan is LAUNCHING a new Disaster Management Agency that same day, and the request will come on its first day. Think about this. People in Japan saw the headline and asked online if World War 3 was coming. The minister's own list is earthquakes and a volcano. In 6 days, every citizen in Japan gets the same ask: 3 days at least, 1 week if possible. Follow me. I'll post the full request on November 2, the day it goes out.
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Japanese minister urges citizens to stockpile food and water ahead of new disaster preparedness initiative.
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BREAKING: ๐Ÿ‡บ๐Ÿ‡ธ Ripple $XRP receives FINAL OCC approval for Ripple National Trust Bank. FED master account next? ๐Ÿš€ Send it to $5 with haste!
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JUST IN: OCC grants final approval for Ripple National Trust Bank The approval gives Ripple a federally supervised platform to support its $RLUSD stablecoin and provide digital asset custody services to businesses.
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First the UK, now Japan. ๐Ÿซค
BREAKING: Japanese Minister Hosono issues emergency request urging all citizens to stockpile food, water, and toilet supplies ahead of potential disasters.
Readers added context they thought people might want to know
Minister Goshi Hosono will issue a nationwide emergency request on Nov. 2 for citizens to stockpile at least 3 days of food water and toilet supplies when Japans new Disaster Management Agency launches. The government has recommended this preparedness measure for years. fnn.jp/articles/-/114โ€ฆ www3.nhk.or.jp/nhkworld/en/muโ€ฆ
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This may be connecting two pieces that don't actually cross in Ripple's stack, but this announcement about their Always-On Corporate Treasury Platform mentions two new features: 24/7 returns & payment orchestration. Lo & behold, the Ripple Payment Engine change log for Oct posted earlier seems to reflect that. (1/2)
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Massive news ๐Ÿš€ @Ripple
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. Weโ€™ve always said crypto and banks work better together โ€” 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.
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Lots of Banks are public. ๐Ÿ˜
Once market conditions improve, I expect Ripple will go public.
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Why would the Treasury Secretary be speaking at Swell ๐Ÿค”
Just noticed @SecScottBessent is now on the Ripple Swell speakers list ๐Ÿค”
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๐ŸšจUPDATE: Four more issuers have objected to @okx/@ICE_Markets tokenizing their shares under the SECโ€™s innovation exemption: IBM, Oracle, Intel and IonQ. That brings the total to 26.
๐Ÿšจ๐Ÿ—ž๏ธNEW: SEC's Tokenization Exemption Sparks Questions Over Which Blockchains Qualify Canton, Ethereum L2s and a big question for the SEC: What actually counts as public and permissionless? Plus, more companies object to having their shares tokenized. cryptoinamerica.com/p/secs-tโ€ฆ
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JUST IN: Ripple National Trust Bank has final approval from the Office of the Comptroller of the Currency, per Ripple. Their stablecoin is still issued by a separate trust company regulated by New York State. The new bank will hold the stablecoin's reserves, act as trustee for holders and keep digital assets in custody. It gets no federal deposit insurance.
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๐ŸฆNEW: Ripple has secured final approval from the OCC to establish Ripple National Trust Bank, expanding its federally regulated crypto infrastructure. The bank will manage reserves backing its $2.5B $RLUSD stablecoin and provide institutional digital asset custody services.
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Welcome to ๐Ÿ‡บ๐Ÿ‡ธ New York City, @XRP family! @RippleSwell starts tomorrow.
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JUST IN: Ripple now lets businesses earn returns on idle cash 24/7, even on weekends. The new 24/7 Returns feature puts unused operating cash to work when banks are closed. Eligible Ripple Treasury customers can use qualifying digital assets held in a Ripple wallet, including the RLUSD stablecoin. A new AI layer can also automate cash forecasting, reconciliation and payments. American Airlines, Subway and Christian Louboutin already use Ripple Treasury.
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