*3 hours ago*
>Ripple (tl;dr) applying to become a bank
>41 banks all reee'ed simultaneously, as banking goblins do
>Ripple's Tether, RLUSD, has tokenized US treasuries, tokenized US securities and tokenized International Real World Assets minting AGAINST it instead of plain old dollars
>Alongside the initial purpose of XRP settling trades between other currencies
>Ripple is effectively trying to eat everyone's lunch in the world at the same time by becoming the:
>>de-facto ledger for Global assets
>>de-facto U.S. currency
>>de-facto Nostro-Vostro account
*1 hour later after simultaneous reeing*
>Trump announces executive order that banks can't discriminate against crypto
