Ripple President Longs Breaks Down Why New Investments Are Response to Bank Pivot Toward XRP Ledger

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Ripple invested in the ZILO and Licuido platforms to respond to the fundamental shift of traditional financial institutions toward blockchain, which Monica Long described as a point of no return comparable to a light switch flip. The on-chain capitalization on the XRPL has reached $3.97 billion according to RWA.xyz, with Ripple’s RLUSD stablecoin at $759.67 million serving as the underlying liquidity foundation. The Central Bank of Ireland’s approval of Aviva Investors’ dollar liquidity fund on the XRPL legitimized traditional capital entry on a 24/7 public ledger. The number of token holders in the real-world assets segment surged by nearly 24%, and the network now hosts the $2.22 billion JMWH token and Ondo’s $212.51 million U.S. Treasury fund OUSG, totaling over $650 million in credit products from Spain to Brazil and beyond.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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