Thread 60573583

>Banks refuse to use XRP
>Ripple decides to become a bank

>>60573587
Ripple uses XRP, smart guy

>>60573583 (OP)
37500$ EOY OOOOOOOOOOOOOOO

>>60573583 (OP)
XRP has so many similarities to BSV and Craig Wright it's not even funny. The insane gymnastics to try to be relevant, the conmen at the helm, the constant declarations of relevancy despite all evidence completely counter to. When does this shit go to zero?

Another pivot away from their original "use case"

>>60573670
which is....

>>60573706
the 2017 idea of a bridge currency, now obsolete due to DEFI and stablecoins

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

Is BTC trying to become a bank?

>>60573583 (OP)
Sad but nothing matters tho as long as the bagholders remain loyal.

>>60573589
RLUSD

>>60573583 (OP)
yes. pay fees for holding coin they own.

>>60573589
selling to baggies might be considered using it, but in the end only thing getting used is you.

>>60573731
orginal was to show what kind of assets they can make to privte firms. just a promotional token.
you can go and see it trough waybackmachine

Kek seething retards

>>60573583 (OP)

XRP is basically just a cult at this point.

>>60573583 (OP)
How long will it take? Grok says 6-12 months

>>60573583 (OP)
top signal
literally.
last time it was
>kraken applies for banking license
>crash
before
>Binance applies for banking license
>crash
before
>Bitstamp applies for banking license
>crash
I think even Gox applied

>>60573589
if by using you mean unloading on baggies

>>60573583 (OP)
>nobody will be my girlfriend
>I will become the girlfriend

>>60574080
tumor weeks

You anons really need to get your XRP derangement syndrome treated, it’s not healthy to think so much about something that causes you so much fear and hatred

>>60574492
basado

>>60574929
2017: “We’re replacing SWIFT.”

2020: “We’ll work with SWIFT”

2025: “We’re becoming a bank”

u scared cube chuds?

>>60574979
kek

>>60574979
>2017: XRP is a scam and a security!!!
>2020: haha! I told you!!!!
>2024: w-what do you mean XRP is not a security?!? AND THEYRE NEVER GOING TO ADOPT LIGHTNING?!?!? BITCOIN EMERGENCY!!!!

>>60575090
any biz schizo worth their salt pretty evenly hold both.

Bunch of stinky subhumans in this thread. Many such cases.

>>60575879
any biz schizo worth their salt sold their LINK above $30 and never looked back because its fucking retarded to death grip it all the way down.

>>60573660
kek exactly.
Both BSV and XRP also continued to persist for waaaaaay too long after completely losing all credibility in the absolute most obvious way imaginable.

>>60575879
Not gonna lie. I sold a little over half my bags for more link once I realized how mcap works a while ago. Everything is speculation right now. Idc about their "mcap is meaningless" argument. We're in a speculative phase, mcap does matter during this phase. It cannot increase faster than other products at this time

>>60575879
>latefag fidget cope

thanks for outing yourself as that guy again.

>>60574003
What does that even mean?

>>60573583 (OP)
>"XRP IS GOING TO BE USED BY SWIFT"
>"OK XRP ISN'T GOING TO BE USED BY SWIFT BECAUSE IT'S GOING TO TAKE OVER SWIFT"
>"XRP CAN MAYBE TAKE UP TO 17% OF SWIFT'S TRANSACTIONS IN 5 YEARS" (real quote from brad btw)
>"OK RIPPLE IS NOW HOPEFULLY GOING TO HAVE ITS OWN BANK"
went from 11,500 banks to 1 and it's their fucking selves. literal shitcoin how is this even in the top 20

>>60576373
You cant hold both because because you just cnt okey i'am a free thinker btw

Holy shit it's going to be hilarious when we hit $8-10 later this year.

>>60576653
In this stupid market anything is possible, moreover xrp has a faithful community of retards. None of them is wondering what is a banking license going to do to effect the price of xrp

>>60576682
>xrp has a faithful community of retards
A few days ago there was a "news item" being pushed that Ripple might buy out more companies like they bought Hidden Road or whatever.
And the comments on twitter were 99% positive, like this would be a solid move.

Absolutely baffling.

>>60576653
That all depends on if your cult of morons are louder than everything else, not because you were smart and bought something valuable

>>60576653
Not good enough
1000 dollar xrp or its all bullshit

>>60576707
No. You actually don't understand.
It's the only thing that actually is valuable.
To BUSINESS PEOPLE. You are just on a forum called "Business & Finance". You are not in business.
This is obvious.

>>60576742
Being loud about empty air isn't valuable, it's delusion. And delusions don't last.

>>60576750
No. I take millions in payments a year and send out half a million in INT TX and remittance.
XRPL is the most valuable thing on the planet right now.
You will be absolutely seething. I'd recommend being in business if you want to understand.

>>60576759
>XRPL is the most valuable thing on the planet right now.
Weird that absolutely nobody's using it then.

>>60576762
>be 2006
>APPL is under $3
>NO ONE IS USING IT YOU ARE A RETARD FOR BUYING THAT
That is you.

>>60576768
You said XRPL is the most valuable thing on the planet "right now".

>>60576773
What is valuable?
Something that costs $100 and is worth $100 because the market has decided that over decades and you can only sell it for $100...OR...something that is $2 that will eventually be recognized as worth $100?

See...I'm in business. We "think different" than those that aren't in business.

>>60576786
Right now it has no value to anyone.
There are hundreds of L1s and more added every day.
There are hundreds of stablecoins and more added every day.

Nobody ever used XRPL for anything so far, and they certainly won't in the future when individual L1s become increasingly irrelevant.

>>60576786
And even if for some ungodly reason every institution on earth starts using the product Ripple built for them (ODL), Ripple themselves have said this system is DEMAND NEUTRAL for XRP.
i.e. all the adoption in the world will have no effect on the price of XRP. according to Ripple themselves.

Stop huffing paint thinner and wake up.

>>60576790
>There are hundreds of L1s and more added every day.
Here's my catchphrase for you. It's on business people understand inherently.
PEOPLE MAKE DEALS. NOT SHIT COINS.

>>60576824
>PEOPLE MAKE DEALS
yeah, and the deal institutions are making when it comes to L1s is: "let's just make our own" kek

>>60576829
Meh.
Doesn't really affect anything. You have to send money to OTHER people. That's kinda the point.

>>60576818
Once you have XRP then it is demand neutral. Literally the point.
Same as when you have a train ticket and then board the train. The price of the ticket doesn't go up.
The price of the ticket was determined by how many people want to get on the train.

>>60576835
>people using their own chains instead of XRPL doesn't really affect anything
Well it affects XRP doesn't it?

>>60576838
>Once you have XRP then it is demand neutral.
There is no "have".
It's XRP in immediately followed by XRP out. Hence demand neutral.

>>60576855
Who is going to accept another person's token?
It must settle into local currency somewhere.

Point 2: You don't seem to understand. The point of the ledger is a demand neutral in/out. The same that goes in, comes out (relative to local currency or tokenized asset).
But you can't use the ledger unless you have a token.
So the more people and companies that want to use the ledger, the higher demand there is for the token.
The token price goes up because more people want to use it.

More people want to use it because it's very efficient and run by competent people setting up business arrangements.

The price of World Series tickets is determined in the market by how many people and how much they want to attend the game.
Using the ticket at game time has, of course, no affect on the price of the ticket.

>>60576868
>Who is going to accept another person's token?
That's just hilarious

>So the more people and companies that want to use the ledger, the higher demand there is for the token.
Well no because DEMAND NEUTRAL

Holy shit you're clinically retarded.

>>60573731
>the 2017 idea of a bridge currency, now obsolete due to DEFI and stablecoins
If everyone in the world wanted to the USD I would agree, but why would businesses in Australia send USD to Japan? It would make more sense for the Australians to send aud to Japan and they received Japanese yen.

>>60576993
You just btfo'd Ripple and their RLUSD

>>60575855
>w-what do you mean XRP is not a security?!?
except when selling to institutions

>>60573583 (OP)
>EVERY BANK WANT TO USE RIPPLE!! BUY BUY BUY
>actually jk they refuse to use ripple lol

Which is it you fucking pajeets?

>>60577004
You're welcome.

>>60573583 (OP)
>ripple will now refuse to use their own garbage themselves

>>60573589
on binance? lol

>>60575855
>LIGHTNING
what is this, 2015? lmao

>>60577265
KEK

>>60576874
Demand neutral means when the ticket is used retard.
It's not demand neutral to get the ticket.

His analogy is perfect. You are drooling

>>60577360
It's the XRP coin that's demand neutral.
Not some "ticket"

>>60577394
That applies if you ALREADY have XRP.
If you already have a ticket then using it is of course, demand neutral.

The point of using any ticket is demand neutral. Your issue is that you won't have a ticket and no one is going to sell you one for less than $2 ever again and by the time you want a ticket they will be $20 probably. Then, after you buy that $20 ticket, you using it will be demand neutral again.

You don't ever have use the ticket. You can scalp them cheap and sell them higher to someone that does want a ticket to use.
It's getting comical the shills and their having to pretend (or not pretend) to be retarded.

>>60577523
>That applies if you ALREADY have XRP.
No, it applies to XRP, period
Read the literal fucking words.

>>60576397
Swift will be using XRP, its already been confirmed, linkcel.
>>60577004
since the US won’t have a CBDC because of Zion Don, RLUSD is just another stablecoi. If you’re too nigger to understand stablecoins/CBDCs and the XRPL just say that.
>>60577008
Only $40m in transactions pre 2017 has been deemed a security. Why do you think the SEC bet the knee you retarded nigger. Ripple won, XRP is free.
>>60577294
Do you not remember the seething bitnigger trying to onboard banks into using lightning network for CBP only to be shot down because of regulations and realizing they’re all siding with Ripple? Ken bitniggers are interesting in a sad retarded way

>>60578117
>Only $40m in transactions pre 2017 has been deemed a security
Every XRP sold directly by Ripple counts as securities, because Ripple promoted XRP as securities.

>>60578166
Nigger the lawsuit is OVER. Both parties dropped EVERYTHING. It went from billions to not even 1% of what was accused. You need to learn to let go, you were wrong about everything. XRP isn’t going to 0 like you dreamed of for so many years, it’s going up forever, and not a single drop will trickle down into whatever fecal token you hold.

>just please let us loan out YOUR deposits pleaase pleaase please
Picture related is asking

>>60578182
>Both parties dropped EVERYTHING.
Meaning the judgment stands. In the eyes of the law, Ripple are a bunch of scammers who sold unregistered securities.

>>60578201
The same eyes who watched Amazon, Microsoft and Apple pay their fine and turn into American powerhouses.

>>60578220
HAHAHAHAHAA

>>60578220
Except Ripple can never sell anyone a single XRP ever again.

>>60578233
You just pulled that out of your ass kek like everything you niggers say. Clearly says pre 2017.

>>60578117
>Do you not remember the seething bitnigger trying to onboard banks
no lol
show us the git commit of this "bitnigger"
I'm willing to bet it's some twitter fag and not a real dev lmaooo

>>60578117
>Swift will be using XRP, its already been confirmed, linkcel.

Proof?

>>60578243
All XRP sold directly by Ripple are securities, and according to the ruling Ripple can never do it again.
They can only ever sell XRP via exchanges because that way buyers can't know that they're buying from Ripple or someone else, an insanely precarious loophole.

The only way Ripple can ever sell XRP directly is if they register XRP as a security.

>>60578117
>Ripple won, XRP is free.
So Ripple just graciously donated $50M?

>>60578182
No it's not, lol.

>>60576691
Crypto company buys institutional custody company with customer base and licenses.

This is somehow a bad thing. Now that is baffling.

>>60578201
Kek biepum, now you are reaching.

>>60578255
You are brainwashed by retarded twitter faggots. You are talking about 8000 transactions done between 2015-2017. You are literally making shit up, Ripple can continue to offer XRP, not only that but there’s at least 5 products your retarded XRP derangement syndrome brain doesn’t even know about that use XRP as a bridge, gas or collateral.
>>60578260
Ask Amazon, Apple or Microsoft if donation is the correct term there

>>60578255
>They can only ever sell XRP via exchanges
Is this why everyone is saying they're in talks of purchasing Uphold now?

>>60578280
>>60578287
Read the judgment.
Every single XRP sold directly by Ripple is a security. And they can never do it again.

Literally the only reason XRP sold via exchanges aren't securities, is because buyers can't know if they're buying from Ripple directly.

>>60578295
Their purchases are in fiat, after selling XRP on exchanges.

>>60573583 (OP)
Imagine two thousand Olympic-sized swimming pools filled with dog poop and "XRP" written on them. And they're ready to offer the poop to the entire world. Honestly, their talent for conning is legendary.

>>60577762
Yes, it says ODL tx are demand neutral. As designed.
kek
We are talking about the free market price of XRP though and you need a token to use the ODL service.

>>60578304
>Every single XRP sold directly by Ripple is a security.
The court found that direct institutional sales by Ripple were securities transactions. However, this does not mean every single XRP sale by Ripple in any context is always a security—only those matching the circumstances of the institutional sales at issue in the case

>And they can never do it again.
The court issued a permanent injunction against Ripple to prevent future violations of securities laws in similar circumstances. However, this does not mean Ripple is permanently barred from ever selling XRP; it means they cannot sell XRP to institutional investors in a manner that violates securities laws.

XRP itself is not a security.

The distinction is based on the nature of the transaction and the expectations of the buyer, not simply on the identity of the seller.

ETFs coming, federal banking license coming. Nothing you can do to stop this. Either buy now or regret later.

Absolutely incredible how many midwits ITT don't hold a single zerp.

>>60578337
>this does not mean every single XRP sale by Ripple in any context is always a security
The reason every single direct sale of XRP by Ripple is a security, is because they promoted price gains through their efforts. See pic from the judgment.
So yes, every single direct XRP sale by Ripple is a security sale.

>However, this does not mean Ripple is permanently barred from ever selling XRP
Ripple is in fact permanently banned from directly selling XRP.
They can only ever sell XRP when they hide their identity from the buyer.

>>60578337
>>60578362
>See pic from the judgment.

>>60578362
>The reason every single direct sale of XRP by Ripple is a security, is because they promoted price gains through their efforts. See pic from the judgment.
>So yes, every single direct XRP sale by Ripple is a security sale.
Ripple is permanently enjoined from conducting unregistered institutional sales of XRP as defined in the judgment, but the court did not impose a blanket ban on all direct sales or require Ripple to hide its identity in all XRP transactions. The restriction is specific to the type of sales that the court found violated securities law.

>>60578359
I love their seething.
I also enjoy all the chainlink threads grasping for straws or just outright crying about why no one is buying even though there are just so many pilots and tests so they just have to be right! They can’t be wrong, it’s those dang ripplers!

>>60578399
All past direct sales were deemed securities for the same reason all future direct sales would be deemed securities.

>>60578418
>all future direct sales would be deemed securities.
Future sales are only violations if they repeat the problematic features of the past sales. If Ripple structures future sales differently they are not securities.

>>60576375
https://www.coindesk.com/tag/testnet

>>60578433
>if they repeat the problematic features of the past sales
These problematic features consist of Ripple promoting price pumps through their efforts, see >>60578376

>>60578485
>These problematic features consist of Ripple promoting price pumps through their efforts

Smart boy you are. They can not say buy we will make price go up. That seems reasonable no?

>>60578543
>They can not say buy we will make price go up
They already said it. They spent years saying it in a lot of different ways.
You can't unring that bell.

>>60578553
>They already said it. They spent years saying it in a lot of different ways.
>You can't unring that bell.
Does not matter. Thats how law works. They got a slap on the wrist by a corrupt agency and now they are free to go if they do not repeat the offence.

>>60578558
Any direct sale made by Ripple in the future will be held against the same arguments and statements as here >>60578376

>>60578583
Ok buddy , see
>>60578399
>>60578543
>>60578433
You going to keep dancing around the same point and act like its an argument?
Touch some grass, bieps

>>60578594
The reason past direct sales by Ripple are securities is this >>60578376
The reason future direct sales by Ripple are securities is also this >>60578376

ripple said they'd pump the price of XRP. Therefore they can't sell XRP without registering as a security unless they hide their identity from the buyer.

>>60578605
>ripple said they'd pump
in 2017 they said buy and you can expect a profit/price increase. even if it was not stated in a contract. that in itself makes the whole case a nothingburger.

Its about the WAY its sold. If in the future they dont sell it the same WAY as in the PAST.

Ripple cannot legally sell XRP directly to institutional investors without either registering the offering as a security or using a valid exemption (such as Rule 506(b) or 506(c)), which requires compliance filings like Form D with the SEC

the idea that Ripple must "hide their identity" to avoid securities regulation is an oversimplification. Rather, Ripple can sell XRP without registering as a security only if the sale is structured so that buyers cannot reasonably expect profits from Ripple’s efforts—such as anonymous programmatic sales on exchanges.

Its literally the same anwer as before, you just dont seem to grasp it or dont want to understand.

>>60578630
>If in the future they dont sell it the same WAY as in the PAST.
Right, they won't sell directly to buyers because that would constitute the sale of securities.

>>60578639
What part of
>sell it the same WAY
do you not understand?

>>60578646
That way is either directly or indirectly.
They can only sell indirectly, hiding their identity.

Because they promised to pump XRP, making it fail the Howey test (expectation of profit).

>>60578659
Direct sales to institutions in US: Illegal unless Ripple registers as a security or uses an exemption.

Sales on US exchanges (retail): Legal, not considered securities.

Indirect/anonymous sales (programmatic): Legal, not considered securities.

Outside US: Generally legal unless US persons or institutions are involved

Retail buyers on exchanges = safe.
Institutions in US = only legal if Ripple registers or uses exemption.
Indirect/anonymous sales = legal.

>>60578692
Exactly, that's what I've been saying this whole time lol
Because Ripple created expectation of profit, they have to hide their identity when selling XRP (e.g. via exchanges).

It's an insane stroke of luck that the judge gave them this loophole.

You guys should get a fucking room.

>>60578713
>Exactly, that's what I've been saying this whole time lol
All of your answers are phrased in a way as if its not a nothingburger. It is, and you try to make it bigger than it is. You always argue with half truths. What happened to truth = trust?

>insane stroke of luck
Cope lol

>>60578734
What the fuck are you talking about, I gave you the objective facts.
I literally said exactly what you said three hours ago >>60578255 >They can only ever sell XRP via exchanges

You sound like a woman, "but it's the WAYYYY you said it!"

>>60578752
>I gave you the objective facts.
only half truths kekw, not get angry now.

>>60578752
>They can only ever sell XRP via exchanges
Again, you do it.
The statement "They can only ever sell XRP via exchanges" is not fully accurate.

Ripple is currently allowed to sell XRP on open markets and exchanges (programmatic sales), as these are not considered securities transactions under U.S. law.

Direct institutional sales are restricted—Ripple cannot sell XRP directly to institutional investors unless they register the sale as a security or use a valid exemption (such as Rule 506(b) or 506(c) with proper SEC filings).

Ripple can still legally sell to institutions in the future if they follow securities law compliance procedures (registration or exemption)

So no they can not only ever sell via exchanges. Do you grasp the argument or are you going to dance around it again.

>>60578772
>Ripple is currently allowed to sell XRP on open markets

Where else would you sell it, if its not being sold through an exchange?

>>60578772
You wrote all that shit but didn't give a single example of a place other than an exchange where they can sell.

>>60578776
1. Public Exchanges (Programmatic Sales)
2. Over-the-Counter (OTC) Sales
3. Other Private Direct Sales
The key legal issue is whether the sale is direct to an institution and if its in the US or not

>>60578785
>2. Over-the-Counter (OTC) Sales
>3. Other Private Direct Sales
source pls

>>60578791
If they are not to institutions or in the US they are legal

>>60578812
So no source. You made it up.

According to this >>60578713
the sales have to be blind.
So no OTC and no direct sales.

>>60578818
Ripple is only permanently banned from unregistered institutional sales in the US.

Sales to retail buyers (non-institutions) or outside the US are not restricted by the US court’s injunction, as long as they do not involve direct, unregistered INSTITUTIONAL sales.

Sales on exchanges (programmatic sales) are not considered securities transactions—this applies to both US and non-US retail buyers.

The court’s ruling and permanent injunction specifically target direct sales to US INSTITUTIONAL INVESTORS, not global or retail transactions.

If Ripple sells XRP outside the US or not to institutions, those sales are LEGAL under the current US court ruling. The restriction applies only to DIRECT, UNREGISTERED INSTITUTIONAL sales WITHIN the US.

Ripple can legally sell XRP from its offices outside the US, as long as the sales are not to US institutional investors or in violation of local laws. The US restrictions apply primarily to direct, unregistered institutional sales within US jurisdiction or to US persons

>>60578833
You're trying to complicate this when it's extremely simple.

>>60578838
not an argument

>>60578843
So post source for the fact that Ripple can still do OTC and no direct sales.
No gish gallop, no pilpul, no walls of text, just source.

>>60578854
Ripple’s direct INSTITIONAL sales IN the US are restricted unless compliant. They can comply with SEC legislation and still sell.

Sales on exchanges, to retail buyers, or outside the US are legal.

>>60578879
So no source.
You're a professional bullshitter.

>>60578885
SEC only applies to US and US companies or if it affects the US markets in a significant way. What part of that you need a source for?

>>60578916
>What part of that you need a source for?
Your claim that they can still do OTC and direct sales.

>>60578917
If they register the sales as securities offerings or use a valid exemption for US institutions.

Outside the US, Ripple can set up shop and sell to foreign investors and institutions, provided they comply with local laws; the US court’s injunction only restricts unregistered institutional sales within the US

>>60578926
Nobody's talking about outside of the US, bullshitter. We're talking about the SEC and US courts.

>>60578934
>Nobody's talking about outside of the US, bullshitter.
I just did. SEC with Gary is out. Soon this whole debacle will be thrown out the window and they will get methods to circumvent the whole circus.

With the new SEC leadership, there is strong industry expectation that both registration will become easier and securities law will be applied less restrictively to digital assets.

I understand you have a deep hatred of ripple and xrp but im afraid they are the standard and you are all going to have to cope with this new reality.

>>60578953
So no, ripple can't sell other than through blind sales via exchanges without violating securities law.

>>60578970
If they register it as a security
if they sell to foreigners or sell outside the us
also in the future>>60578953

>>60578985
>If they register it as a security
>if they sell to foreigners or sell outside the us
fucking lol

>n the future
That means pursuing the case, but Ripple and the SEC are both trying to drop it.

>>60579000
Hes retarded. This is how every Xerper acts

Lol people are dumb, the point of ripple trying to become a bank is to make use of RLUSD and gaining direct access to the banking system. XRP is a natural byproduct of using RLUSD or any other on chain asset. As far as institutions or banks are concerned they don't give a shit about profiting off of xrp, rather the control mechanism behind it.

>>60573583 (OP)
More crypto companies should acquire banks.

>>60573583 (OP)
Banks will start using Vaulta soon.

>>60579291
no. banks will pivot to crypto for sure. they will start using blockchain infrastructures.

>>60574187
big if true

>>60574187
THIS. IT'S THE LAST HOORAH, XRP MANIPULATED PUMP BEFORE JULY 19TH WHEN DADDY TAKES OVER.

>>60578404
>pot calling the kettle black

kek never sell

>>60573731
kek

stay mad and be sidelined bro

>>60581114
You de lulu bro? Show me one example lol

>>60573731
The use case requires the coin to have a stable price so I literally do not understand why anyone would baghold this for a long term "gain" unless you are just going to stake for whatever fed funds rate is (at that point just enter a money market account) but I wish them all well

>>60581185
It will be worth more than all the money and gold on earth, brad and chris will be worth several trillion more than the gdp of the US, and the normies and q anon schizo tards (7 million of them) will wake up to generational wealth on 3 digit bags because, well they just will okay!

>>60581310
just give me an example you fucking twat. I dont need your incel manifesto

>>60581114
yeahhhh sweaty so have you checked the xrp charts lately? not brown mentality for hourly leveraged gains, rather put it on the weekly then zoom out and apply whatever horsepower you can summon beyond tik tok short interpretation

>>60573583 (OP)
Banks literally can't use XRP in the US legally yet. Global banks already use XRP. Ripple are making themselves the cleanest and most competitive stablecoin issuer by making RLUSD parkable at the Fed etc. and being able to offer yield per the legislation that said non-bank issuers can't. Circle applied for same for similar reasons. OP is a faggot.

>>60577008
You didn't understand the ruling you literal retard. It isn't a security selling to institutions and they have done so for the last several years even since the injunction. The only thing that was a security was a specific type of packaging of XRP to institutions. They could sell literally the exact same way with a little more paperwork but already have a operable product that does not qualify as a security the way the specific sales from years ago for a few months did.

>>60582055
>Banks literally can't use XRP in the US legally yet.
so then why has the XRP community been saying banks have using XRP for years?

>>60582062
So Ripple graciously donated $50M to the SEC?

>>60581310
So it'll either be Chris, Brad and David who are trillionaires
OR
it will be Sergay
OR
it will be some CIA/NSA asset named Satoshi
OR
it will be Bezos or Musk

>>60582082
Banks (outside the US)

The 50m "donated" to the SEC is part of the lawsuit.

You are a 12 year old at best, mentally.

>>60582096
>Banks (outside the US)
We're talking about the SEC and US courts dummy.

>>60573583 (OP)
I'm glad I've been loading up on ripple and vaulta. Finance is how crypto will circulate the world.

>>60582082
Because banks outside the US do. They ruled on a specific handful of sales from years ago. Ripple continued to sell XRP to institutions throughout the past few years of the lawsuit without being offering of securities. You either spent 5 minutes on this, are inadequate to understand the concepts involved, or more likely are being deliberately disingenuous. Either way ngmi

>>60581114
The number of institutions already using XRP for ODL is already insane. I don't know what these ignorant fudders are trying to achieve desu

>>60582090
Probably all of them except for the CIA/NSA who will commit suicide.

WAGMI 2K EOY
>captcha 42KJG

redpill me on xrp

>>60584905
Yes

>>60578198
Kekin

>>60584910
You must be holding link

>>60578198
jews want to make a bank using crypto so they can legally borrow your crypto deposits instead of just borrowing your crypro deposits. Pic related: jews live in trash cities like poojeets

>60583576
>banks will use MY token and would never generate their own tokens.......they cant doo that n0OoO

>>60573589
You think they'll give me an $8.69 billion dollar loan soon?

>>60582055
Just be honest. The worst part about xrp holders is they’re never honest. You exaggerate everything you’re apart of. Ripple manipulates the price, and they’re going to do it again in the near future as their TikTok cheerleaders promise boomers and broccoli headed children yachts and lambos.

>>60573583 (OP)
Tether and Circle are going to become the world's largest banks

>>60584937
>Banks will go through the 3-5 year process to get all of the licenses and audits instead of using an already regulatory compliant set of rails that allow them to get a product to market in 12-16 weeks.
>Major players will assume full liability instead of offsetting risk onto rails created by others
>Major players will just forfiet first-mover advantage and a quicker time to market because... well they just will, okay?!
Do fuddies even try anymore or is /biz/ actually *this* uneducated on how businesses work?

>>60586237
Anon, the banks are literally doing all of that right now.

And if they want to use a third party stablecoin, they have dozens of options already.

>>60582784
> banks outside the US do.
Which banks?

>>60583576
Like who?
https://cryptorank.io/news/feed/7d940-300-banks-just-plugged-into-xrp-heres-what-1000-could-earn-you-in-two-years

Only source I can find is 300 companies and they’re all literal who companies not even banks

>>60587447
Those "who" companies, are giving them a lot of money.
Thanks to those "who" companies, they bought metaco and hidden road.

>>60587456
Those companies are only using Ripple because Ripple is paying them.
The money Ripple has to pay for these things comes from the roughly 3 billion USD worth of XRP they dump every year.

>>60587503
Companies like SBI Remit, Tranglo, Pyypl, and Lulu Exchange are actively using XRP via ODL, with measurable flows...
Acquiring Metaco and investing heavily in regulation and expansion is not possible without real cash flow.

>>60587541
>SBI Remit
They invested in Ripple the company a decade ago, and they aren't using Ripple right now.

>Tranglo, Pyypl, and Lulu Exchange
Listen to these names.
And even if they are using Ripple right now (spoiler: they probably aren't), it's only because Ripple is paying them.

>>60587548
> They invested in Ripple the company a decade ago, and they aren't using Ripple right now.
Wrong.
https://blockworks.co/news/sbi-subsidiary-xrp-remittance

>>60578182
Based.

It's very funny to me because (even though the shill is wrong), if Ripple couldn't ever sell except through exchanges then that would be the greatest thing ever for holders because they'd still "work to pump the price" but would have to sell off the best technology on the planet on the open market to anyone that wanted it with no special deals.
The XRPL would then be literally the most level playing field ever created.

>>60587615
>the best technology on the planet
That nobody uses even after nearly a decade and a half

>>60587631
Well that's weird because I literally use it for payments among a small group because of how great it is.
I'm not too worried about what Ripple does really. They don't control the XRPL. It's controlled by a huge group of people all across the world.

>>60587641
>XRPL is controlled by a huge group of people
And used by a handful.

>>60587649
There are nearly 60 billion XRP held by people that aren't Ripple and the price keeps going up.
So I'm not sure what they are doing with it myself. But you seem wrong based on this and the price.

>>60587664
>I'm not sure what they are doing with it
Speculating. Hoping it goes up just because.

>>60587680
Like bitcoin?

David schwartz wants to legally be able to steal -i mean borrow your deposits via rehypothecation on top of fractional reserve lending

>>60587350
License applications are publicly accessible. They literally aren't doing shit.

>>60584937
You can show a jew proof that banks are generating their own tokens and they'll still try to circumvent the truth to shill their bags. David schwartz u r an idiot.

>>60587624
Again wrong.

You’re misreading the structure. Ripple being an investee of SBI Holdings doesn’t change the fact that SBI Remit -a direct subsidiary of SBI Holdings- is actively using Ripple’s ODL with XRP.

https://www.sbigroup.co.jp/english/news/pdf/2023/0906_c_en.pdf

>>60587753
But what if I don't deposit anything with Ripple because I don't have to and I don't trust Ripple?

>>60587780
Everyone and their mother is making stablecoins, see >>60584937

>>60587794
>Ripple being an investee of SBI Holdings doesn’t change the fact that SBI is actively using Ripple
Read that again, slowly

>>60587854
Yeah on licensed rails. Of which none of those banks applied for their own license. Looks like they'll be forced to put their stables on the only regulated rails if they actually want to use them. See >>60586237

>>60587867
You're making things up, you know that right

>>60587854
If you have counter-evidence that SBI Remit stopped using XRP, feel free to share it. Otherwise, repeating “read it again” doesn’t make your argument stronger.

>>60587879
You may want to actually read the legislation going into place.

>>60587794
Hey, lunatic. SBI has already admitted no major banks are willing to use XRP in any meaningful way, so they turned to small regional banks instead, which isn't guaranteed to amount to anything either. They'll follow MUFG and co. who are opting for other solutions connected by a cube and a young russian plato you hate so much.

https://youtu.be/2NYtVjCKPpo?si=_c_beU-mrJt6Nnob&t=534

>>60587884
The point is there's an obvious conflict of interests since SBI bought part of Ripple a decade ago.
And even then SBI isn't actually using Ripple in any meaningful way, see >>60587895

And on top of that SBI is a small player to begin with.

>>60587753
Isn't that what all banks are doing?

>>60587889
Are you fucking retarded?
JPMorgan for instance has been using a stablecoin since 2020 and are MILES ahead of Ripple in terms of licencing.
In case you didn't know, JPM didn't have to apply for a state or federal bank licence like Ripple only just recently did, because they already had one.

>>60587984
Oh, then you REALLY need to read the legislation. None of what you said is true. Just more misinformation from you.

>>60587991
wow great post bro, you sure showed me didn't you

Look up JPM coin.

>>60587895
Sounds like you are REALLY fighting for big banks here.

i point out banks do something bad (fractional reserve lending)
>dude plz let my crypto legally be able to do the same but worse because of the added layer of rehypothecation to the fractional reserve please please byy my bags with your bank deposits
No thanks on furthering the judaism

Kek eben

>>60587995
Sorry anon, once you've been deboonked you can't be reboonked.

>>60588006
No investor is so delusional that they keep psychotically lying like this, you have to be getting paid.

>>60587895
So we’re back to comparing apples and oranges, i see.

Crypto is gay and jewish

>>60588014
>you can't call me out for lying, you're the liar!
Lol, lmao. Paid shills accusing others of being paid shills.
Pottery.

>>60588016
THE ORANGES ARE THE SECURITY.
ORANGES ARE SECURTIES.
APPLES ARE NOT.
DO YOU EVEN KNOW ABOUT THE HOWEY TEST?!!
(buy chainlink tm)

>>60588000
>>60588016
>>60588712
What’s funny is I hate crypto. I hate techies. I just want to make money and never come back. However ripple is god awful about their dishonest spam I go out of my way to dump facts on your retarded heads just to watch you do the fidget.

This entire thread just proves all altcoins are grifts. Arguing about which coin is more scammy than the next. Is ripple a grift? Probably, but atleast you got to hand it to them for pushing this grift to the max. Instead of waiting for muh adoption or pocs, or whatever the fuck company each are targeting Ripple is like fuck that, ill just keep buying companies so they have to go along with my grift. If any other companies were truly jewish and wanted to grift forever they would do the same. Why isn't ADA, Link, XLM, ETH, any shitcoin in the top 20 not buying other companies to force their grift?
t. I made a shit ton off xrp, yes I could of made more somewhere else and no i won't be buying it again

>>60588745
Same. I have a garden and a farm and a real business and just want to make money. I'm 8x on XRP and the reason I know it's going way way higher is because Ripple is what you said and that's how it works.
It's also a very very cheap payment processing system. Right now BoA takes about 2.8% from me and once Ripple is a bank I expect a massive boon from this actual business product.
For a variety of reason this is going way up.
Doesn't mean anything other than that. Going up.
The very reasons you are stating are the most bullish part. No one actually cares.

>>60588844
>Ripple grifts so hard they can no longer continue living the lie without actually building what they said they were going to do
>it becomes real in the end

>>60588992
Exactly and if any of these companies cared about their grift so much they would also be buying out other companies. With the amount of money these crypto companies have its surprising none of them have pulled what the big banks actually do for protection, become a majority shareholder of each other. Instead of waiting around alot of these companies could of forced their grifting adoption

>>60588921
>my coin is a scam that’s why it goes up

There we go, idiot. Finally, a break through. Unfortunately, because you’re so stupid, you’re going to hold onto this far too long but you DCA up and down so you can’t let go.

>>60588992
They have largely failed at what they set to accomplish, anon.

>>60589402
If your product is so good, companies will come to you instead of having to dump xrp on your investors to buy skeleton companies.

Again, as another anon pointed out, no way most of you do this for free. It’s sadly obvious.

>>60589730
>no way most of you do this for free
While ripple obviously dumps xsaarpoo on retail to pay for the advertising and shifting use cases, most baggies absolutely do do it for free as they unironically think a 2-3 digit bag is going to make them multi-millionaires.

>>60589730
lmao

I have 26,000 XRP and have been holding since 2019. I'm sure you won't believe me though.

>>60587447
SBI and multiple of its divisions for one.

>>60582055
I think op is on your team. Fascinating how polarizing xrp is! You’re either in or you’re out

>>60584937
Oh yes all the banks in the world will bow down to JP Morgan and suck their dicks from here to eternity. Sounds more believable than xrp to 2k

>>60589730
Metaco and hidden road are skeleton companies?
Biepum you are in turbocope mode again. Watch the xrp/link chart for me would you? Maybe make another collage.

Kek baggie

>>60590306
It's hilarious that Ripple has to literally buy these little companies because there are no organic users.
Hilarious and also sad.

>>60573583 (OP)
>just in
>kikes deny it

>>60590329
Its hilarious they spend about 12.5 % of chainlinks total marketcap in 1 purchase and you try to downplay it because you have nothing else.

>>60589803
>SBI
hahahahahaha

>>60590418
>having to buy users is a good thing!
>Linkies have nothing!!

xerpies live in bizarro world

>>60590430
Gained a leading institutional digital asset custody platform, expanded its product offerings into custody and tokenization, and strengthened its position as a core provider of crypto infrastructure for financial institutions

>linkies: they bought users

The absolute state of the binairy biepum brain

>>60590418
>they purchased them

>>60590489
>haha no they weren't bought

You're a paid shill.

>>60590492
Key takeaway is the infrastructure
The fact they already had a customer base is a bonus. You are a paid advocate, bieps.

>>60590497
Key takeaway is ripple still have no users after all this time, so they bought some.

>>60590500
1 min google search proves you are lying again.

https://dune.com/outputlayer/xrpl-overview
https://dune.com/outputlayer/xrpl-dex-and-amm-overview
https://dune.com/outputlayer/xrpl-transactions-activity

In fact its creeping up. Unlike the link price.
https://app.rwa.xyz/networks/xrp-ledger

Kek fuddie

>>60590557
Everyone itt knows xrp is a dead duck. It's just this silly game we're all playing to pass the time until Link moons. Thankfully, it appears there's not long to go. Thank the Lord.. The last few years have beeen boring af, listening to this fake squabbling. I suppose it hardened anon's resolve, though. Hard to say. I was always gonna hold n stake anyway.

>>60590576
>playing to pass the time until Link moons
Kek baggie
8% per year till 2030

>>60590557
>dex
Ripple/XRPL has no traction whatsoever in defi, despite having one of the first dexes in existence.

>RWA
Mostly Archax, via Metaco. Also a bought user.
And here too Ripple is bottom of the barrel in terms of traction at rank 10.

>transactions
lol

>>60590427
I feel a little bad for okuyama san. He has to be associated with turbo kikes like >>60590306

Funny thing is with hidden road, no xrp is required. General theme with ripple is theyre pivoting from xrp toward RLUSD, making it all happen with your money >>60590418
which you brag about.

But of course you’re incentivized by living on this board shilling for these people. I would hope so. Anything else would be extremely pathetic.

>>60590601
Yawn. What an original response. You really are were the creative one in your class, weren't you? I can so tell.
PS Sorry you lost most of it on Bancor and (lmao) Linkpool. Hope you managed to claw some back.

>>60590626
>Yawn. What an original response
Military grade copium

>>60590613
>>60590609

3 Advocates !? Shill department working overtime at CLL. Sirgay about to betray again it seems. March 15th has been a long time. we are already July.

>>60590647
The facts about ripple have nothing to do with CLL, copie.
And why do you keep bringing up chainlink?

Actually I know why, it's because you know Ripple and Link's ranks are comically reversed right now.

>>60590666
>facts
They are mental gymnastics

>ranks are comically reversed right now.
Wishfull thinking

Last time I checked the price and chart.. Well you know the drill right?

>>60590678
Ripple is absolute shit tier in terms of Defi ranking and RWA ranking. Both of which are things YOU brought up.

These are the facts, both yours and mine.

>>60590688
>Defi ranking and RWA ranking

>no users

pick one

>>60573587
fpbp.
cRipple cucks always lose.
even when they "win" they still lose since no one will use XRP.

>>60590701
*shit ranking

XRPL is a ghost chain, and most of the usage it does have is paid.

>>60590780
And yet its number 3 and link is..
rank 14

>>60590905
Exactly, MMs can easily scam retail using XRP not Link. Thats why the ghost chain is valued so high for some reason (to continue the grift)

>>60573583 (OP)
XRP is retarded but why not at least team up with a bank? One less variable to worry about since they cancel people over whatever they feel like now and the "free" markets just watch and say nothing.

>>60590905
Yup, XRP has an abysmal adoption ranking, but an insanely good market cap ranking.

Making it one of the most effective gatekeepers when it comes to new investor money for crypto.
Because who wants to invest in a market where adoption doesn't matter for shit?

>>60591024
>but why not at least team up with a bank?
They tried this and failed lol Banks dont need a bridge currency. Even ANZ tested with Ripple in 2015. They ended up pivoting to Chainlink and their own chains. Which is what every bank ended up doing

https://www.coindesk.com/markets/2015/06/09/australian-banks-westpac-and-anz-experiment-with-ripple

>>60590609
>defi
This is all worthless though. kek
Tokenized RWA will not be though. The XRPL is reserved for BUSINESS.
Not faggots and Indians running retard tier tokens.

>>60591964
Cross Chain Interpoo Protocol

>>60591964
>This is all worthless though. kek
https://cointelegraph.com/news/jpmorgan-defi-tradfi-convergence-closer

Jesus Christ youre a retard. This is what happens when youre a xrp cultist and you lose track of where the industry is actually going because youre fed lie after lie.

>>60592216
thread is full of ESL jeets good god

>>60590427
>SBI represents the Japanese banking consortium which account for 80% of the banking assets in Japan. Also, BIS Project Agora participant SBI Shinsei Bank just announced the use of Ripple for international remittances:
https://www-sbigroup-co-jp.translate.goog/news/2025/0131_15229.html?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp
>SBI and Ripple formed a joint venture with Ripple owning 40% and SBI owning 60% called "SBI Asia." Description from the press release detailing their objective in forming it: “As a joint venture established by Ripple, an American fintech venture company, and SBI Holdings, Inc., SBI Ripple Asia creates the “Internet of Value” in Japan and other Asian region by merging the expertise and technology of both companies. Participants of RippleNet, which uses distributed ledger technology (DLT), can directly connect with financial institutions with a single API and instantly and reliably transfer money in more than 40 currencies to more than 70 countries. SBI Ripple Asia provides RippleNet to financial institutions and money transfer service operators in Japan, South Korea and certain Southeast Asian countries.":
https://www.sbigroup.co.jp/english/company/group/sbirippleasia.html
>SBI are the largest non-Ripple investor in Ripple and literally offer XRP to private investors who buy a sufficient amount of SBI shares.
>SBI is using the XRPL to introduce NFTs:
https://www.crypto-news-flash.com/ripples-grand-plan-unveiled-xrpl-nfts-to-steal-the-show-with-millions-of-users-set-to-join-initiative/

>>60590427
>>60593054
>SBI Digital Asset Holdings, SBI's digital asset division uses XRP as a bridge asset for settlements and acts as a liquidity provider for XRP in Asian markets.
> SBI Ripple Asia formed the “Asia-Pacific Banks Blockchain Consortium” with institutions like Siam Commercial Bank (Thailand) and CIMB (Malaysia).
>SBI Remit, SBI's international remittance arm uses Ripplenet for settlement and XRP in a few of the payment corridors already.
>SBI developed Moneytap (partnered with 42 (and some very large) banks) a mobile payments app offering 24/7 domestic realtime payments, which uses Ripplenet.

Should also be noted that SBI Holdings is a Soft Bank spinoff (consider in terms of Trump's love of Massa) and the corridors SBI Remit already uses XRP in with other Ripple partners like Siam Commercial Bank, are relatively high volume corridors. We are not talking about payments from Namibia to Western Sahara. Lol
https://www.kapronasia.com/asia-payments-research-category/sbi-holdings-and-ripple-step-up-their-cooperation.html

>>60590049
He isn't. He is saying people did not use it (they do to the extent they are legal) and so they are forcing it by becoming the institution themselves. This is not true. It isn't "fascinating" tribalism you are noting, it is fascinating retardation you are expressing while projecting about a project you know less than nothing about, not even being able to interpret something as simple as OP's post, while being insanely narcissistic and assuming everyone else is unnuanced when really just you are

>>60593070
hey maybe an xrp maxi made the thread and he's just bored and baiting everyone at the same time and it's totally working because look at you and the stinkies that are in here trying to prove xrp is shit. isn't that something now?

>>60593054
>>60593060
bullish for Link, picrel

Not so much for Ripple, which SBI can't even sell to anyone internally except "a small size bank for hometown remittances"

>>60593054
>>60593060
>>60593070

>>60590427

>>60594224
Cope with having literally no come back and being so monstrously provably wrong in a dozen ways linked here.
>>60593981
Or maybe (definitely) you are just wrong in a really low IQ way.
>>60594175
Not sure what your point is here outside being uncritically/petulantly anti-xrp and pro-link. Them using Chainlink for data feeds doesn't mean literally anything for token usage. SBI literally use XRP already in several divisions and every shareholder slide deck has an XRP section. They are the largest outside investors in Ripple and partner with them directly in a 60/40 partnership with SBI Ripple Asia. Ripple also use Chainlink for data feeds to price their Eth version of RLUSD. This is great for Chainlink investors (in the company) but means absolutely nothing for token holders. You are LITERALLY a corporate welfare paypig subsidizing business operation while they mostly subsidize institutional partnership to get headlines to dump more tokens on you and engrain themselves as a data solution which does nothing for token holders, never tokenizing using link or in any way moving value with it even in the pilot programs they participate in with the DTCC, meanwhile their revenues as such are non-existent and everyone is going with Wormhole et al for actual value and you sit below $14 5 years later. Link is literally 100 times more expensive and less efficient than 20 other networks to move value, is incapable of micropayments for this reason and will never be used as such because to do so would require participating institutions and partners to wilfully choose to lose huge margins for literally no reason other than pumping your bags. Some will use Chainlink for price feeds. You will stay poor and holding increasingly heavy bags zero price improvement

>>60594370
>SBI literally use XRP already in several divisions
According to SBI itself they use ripple only in one small town bank.

>Them using Chainlink for data feeds doesn't mean literally anything for token usage.
Chainlink nodes can't function without the token.

>>60594370
>>60590427

kek

>>60594385
isn't it amazing how this turbo kike keeps repeating the same lies over and over again. Ripple must be paying this loser pretty well.

>>60594452
Almost like he's being paid to just run a script or something haha

>>60594370
You are a midwit xrp holder

>>60595637
You are a retard projecting who doesn't know what to say but cannot cope. So is >>60594445. Literally no argument. You don't even care what's true you just care about signaling consensus with a culture built around a specific coin/be adversarial to an oppositional coin. Unreal levels of NPCness.

>>60594385
This isn't true. According to SBI themselves, they already use SBI in multiple divisions (listed in specifically in my other posts above). Their CEO talks all the time (see pics related) about how they are building their entire crypto strategy around XRP specifically.Also see:
https://ripple.com/ripple-press/ripple-joins-forces-with-hashkey-dx-to-introduce-xrp-ledger-powered/
>Nodes
Yes they can. You don't understand your own technology investment. Chainlink can license and even subsidize private software to them and they can run their own in-house nodes which are more secure and don't cost middlement fees (and are actually net positive from a price standpoint because they are subsidized by Chainlink using your money from their token sales to you). There is zero reason to use a non private version and many reasons to not, so they don't.

>>60597555
>>60597589
Mad midwit. I’m a huge ripple baggie but this room temp IQ goy is making me feel the ick.

if ripple becomes a bank they're going to have to bend the knee to swift lmao

>>60597681
>lmao
Fucking idiot kek

>>60597619
You are a linkie faggot who cannot even begin to touch argument or detail so you sophistically spin to cope in the gayest way imaginable. Go back to pleddit and Current Thing culture hq.

>>60594452
>>60594454
You guys literally have no argument and the only argument you have is to make up things and hope people don't care what's true. Which is why you invest as paypigs in link.

>>60573771
Bit coin is a bank, and the entire service of mining it what substantiates it as a decentralized ledger. Bit coin only gains value based on what people assume it's value to be.

>>60597756
You are speaking to a double blue whale king ham sandwich restauranteur. Watch your damn mouth

Bump for ripple bank and BNY Mellon rip matthew

>>60581190
Transactions settle in like 1 second, it actually has less volatility than the USD has over the 5 days or whatever it takes for SWIFT to settle currently.

kek the midwit is still flapping their gums, what a fucking loser

too bad ripple is ditching xrp for stablecoin business. you had a good run latecuck

>>60602355
>The stablecoin uses XRP to settle
>The stablecoin is growing by $100m each month
???

>>60602355
Settle down peasant you are now in the presence of xrp holders. Do not speak about things you don’t understand.

damn i saged this thread and ripple's latecucks are bumping it

>doesnt know ripple is ghosting xrp

kek

>>60573583 (OP)
>>60602397
>T O K E N N O T N E E D E D

>>60573583 (OP)
Banks refusing XRP is old news, anon. Ripple becoming a bank is just them playing the TradFi game. The real evolution is permissioned, compliant web3 infra. That's Vaulta/A.

>>60602336
Swift has already achieved atomic settlement with chainlink

>>60573583 (OP)
i'll believe it when i see it

>>60603385
>doesn’t realize swift itself is a problem
kek

>>60604151
>thinks blockchain companies have power over banks
lol cute

>>60604443
>thinks only American banks exist
Oh sweetie you must be braindead

>>60573583 (OP)
Ghadafi's soul burns on

>>60604510
>American banks exist
Who said anything about american banks?