XRP Weekly Newsletter #1

Hello and welcome to the first XRP Weekly News Update. I thought in these changing times and with XRP on the precipice of much anticipated price appreciation I would gather the news stories I’ve been focusing on into one place. I do it anyway in other forms so it’s good for me, and hopefully for you, to put it down in one cohesive letter. My intention is to have this available on a weekly basis on a Monday so we can keep track the news together.

SEC v Ripple legal case: The SEC and Ripple have jointly requested a Manhattan District court to dissolve the injunction in their ongoing case and release the $125 million civil penalty held in escrow. They’re proposing that $50 million be paid to the SEC, with the remaining funds returned to Ripple. This motion is the latest in the broader effort to settle the case, end the pending appeals, and avoid further legal proceedings between the two parties.

Stablecoins will revolutionise the financial system. Further to recent rumours that Ripple were interested in buying Circle the company who have the second largest stable coin USDC it has been announced that USDC has gone live on the XRP Ledger. With the launch of native USDC on the XRPL, developers, institutions, and users gain the support of the world’s largest regulated stablecoin. USDC is a trusted digital dollar powering innovation in payments, DeFi, and global finance. With the addition of the XRPL, USDC is now supported natively on 22 blockchains. Ripple recently launched it’s own stablecoin RLUSD which is key to unlocking institutional liquidity at scale. Backed by U.S. Treasuries today, but with Ripple’s infrastructure they could easily support gold and other real-world assets tomorrow.

Regulation is almost here with the Senate due to vote on the final passage of the GENIUS Act on Tuesday. Timing is perfect. Coincidence?

Japan reverse carry trade: Jake Claver brought out an update to his Domino Theory (part 3) this week which points to an increase in the oil price being the likely catalyst for the domino theory playing out. The video is a must watch to understand what’s about to happen (inevitable in Jake’s view) and how XRP would be utilised to bring liquidity back into the system. Jake says this could see the XRP price reach 3 or even 4 figures. I’ve laid out the domino’s below and there is a link to Jake’s video:

1. Rising tension in the middle east with Israel Iran conflict with Iran threatening to block the Strait of Hormus

2. Oil price increases

3. Japan forced to raise interest rates

4. Reverse carry trade unwinds

5. Japan unloads US treasuries on mass (Japan is the largest holder of US debt with $1.6 trillion)

6. BRICS nations join the party and dump US treasuries - look up operation Sandman

7. Tether (USDT) which has been used US government as a proxy to buy up treasuries and to pump the Bitcoin price gets sanctioned by the new stablecoin regulation for not being compliant

8. Without Tether Bitcoin becomes illiquid

9. Exchanges look elsewhere for liquidity and XRP is the next liquid digital asset

10. ETF’s drive in liquidity to XRP

Watch Jake’s video on the domino theory (part 3) here.

Oil price spike as Israel bombs Iran. Low and behold two days after releasing the video it all kicks off in the Middle East and oil prices shoot up above $75/barrel and over +10% on Thursday. We are on the brink… Scary and exciting at the same time if you are an XRP holder.

Institutions buying XRP. A supply shock is coming as institutions are buying up XRP. Soon there will be very little XRP on exchanges to buy. Singapore based Trident Digital (NASDAQ) is the latest institution to announce plans to raise $500M to establish the world’s first large scale corporate XRP reserve. The initiative will focus on the acquisition of XRP tokens as long-term strategic reserves, the deployment of staking mechanisms to generate yield, and deep engagement within the Ripple ecosystem.

SWIFT: Ripple CEO Brad Garlinghouse was on video at XRP Vegas saying that XRP could capture 14% of SWIFT’s global volume within five years. A classic case of under promise and over deliver.

Flare Network: As institutions are beginning to hold XRP, Flare Network is launching XRPfi which will allow institutions to put their XRP holdings to work and earn a yield. Flare’s FAssets is a trustless over-collatoralized bridge which allows non smart contract networks like XRP, Bitcoin and Doge to participate in the DeFi revolution. So imagine how Flare could blow up when a company like Michael Saylor’s Microstrategy, which owns almost 500 million Bitcoin, realises that it can put that Bitcoin to work on Flare and earn a decent yield? The Flare price is less than 2 cents on Uphold and IMO could easily go up 100x in the upcoming bull market.

Xaman wallet: Please do not hold your XRP on exchanges. If you have your XRP on an exchange you do not own your XRP. When the shit hits the fan like we think it will, exchanges could disappear overnight (remember FTX?) You need to take responsibility and keep your XRP on a self custodian wallet. My favourite wallet is Xaman as it is native the the XRP Ledger, secure, has a great user interface, is easy to set up and intuitive to use. Download the Xaman wallet to your phone here.