Latest / The Paul Barron Crypto Show / $RLUSD is Live!🎉Tokenized Gold & Diamonds Next?🚀XRP

Transcript

$RLUSD is Live!🎉Tokenized Gold & Diamonds Next?🚀XRP · The Paul Barron Crypto Show

• 0:06
  Speaker 1: R l USD has finally launched it and of course
• 0:08
  Speaker 1: many people are looking at what's next. Well, we think
• 0:11
  Speaker 1: we might have it. It's going to be a good
• 0:13
  Speaker 1: stay tuned right here. My name is Paul Berre. Welcome
• 0:14
  Speaker 1: back in the tech path.
• 0:15
  Speaker 2: All right.
• 0:15
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• 0:17
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• 0:20
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• 0:22
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• 0:25
  Speaker 1: and do that to get your crypto journey started. Let's
• 0:28
  Speaker 1: go into the first clip here, which really is just
• 0:31
  Speaker 1: a little bit about what URLUSD is and their launch.
• 0:34
  Speaker 2: Take a look.
• 0:37
  Speaker 3: In a world of chaos and complexity, how does nature
• 0:42
  Speaker 3: always seem to get it right? Some things go beyond
• 0:47
  Speaker 3: random chance all happy accidents. Progress takes years of innovation, adaptation,
• 0:55
  Speaker 3: and intuition. There are no shortcuts introducing on new stable point.
• 1:03
  Speaker 4: This is Ripple.
• 1:04
  Speaker 1: USD, all right, So we should probably start calling it
• 1:08
  Speaker 1: that Ripple USD. But I like the fact that we
• 1:12
  Speaker 1: First of all, we've been talking about this for quite
• 1:13
  Speaker 1: some time. The interesting part is what is next for
• 1:17
  Speaker 1: Ripple and I think there's some key things that are
• 1:19
  Speaker 1: about to occur. You guys want to make sure and
• 1:21
  Speaker 1: stay tuned. Right here, I want to go over to
• 1:23
  Speaker 1: a clip here. This is the New York Stock Exchange
• 1:25
  Speaker 1: talking about it.
• 1:26
  Speaker 4: Take a look, take a look at what's on tapping
• 1:28
  Speaker 4: today's show. That final fed meaning of the year is
• 1:31
  Speaker 4: underway today and financial firm Ripple is gibuting a new
• 1:35
  Speaker 4: stable coin today.
• 1:36
  Speaker 5: Big news of.
• 1:37
  Speaker 4: Course that we've been following in the crypto world and
• 1:39
  Speaker 4: competing with the likes of Teather and USDC. Do you
• 1:43
  Speaker 4: think it was a smart move?
• 1:45
  Speaker 6: The advantages of Ripple is it already has a series
• 1:48
  Speaker 6: of partners banks, remittance companies. It has established technology which
• 1:54
  Speaker 6: is cheap and fast.
• 1:56
  Speaker 1: All right, One thing to consider right now is the
• 1:58
  Speaker 1: launch of the Ripple stable coin. If you look back
• 2:01
  Speaker 1: at the most recent launch of a stable coin, it
• 2:04
  Speaker 1: was PYUSD, which is PayPal. Of course, right there on
• 2:07
  Speaker 1: that first day you had a forty two million dollar
• 2:10
  Speaker 1: I know that's hard to view in.
• 2:11
  Speaker 2: Let me kind of see if I can zoom in
• 2:13
  Speaker 2: on that for you guys.
• 2:14
  Speaker 1: So this is your first day, right there was the
• 2:16
  Speaker 1: forty two million and it looks like Ripple may be
• 2:18
  Speaker 1: able to outpace that.
• 2:20
  Speaker 2: So that's a pretty big deal.
• 2:22
  Speaker 1: And I think when you consider stable coins in general,
• 2:25
  Speaker 1: it's going to boil down to the amount of networks
• 2:27
  Speaker 1: they're available on it. I think that is one of
• 2:29
  Speaker 1: the killer aspects of where Ripple is going. All right,
• 2:31
  Speaker 1: So I want to go to a clip because one
• 2:33
  Speaker 1: of the things that we are looking at is payments
• 2:36
  Speaker 1: and how could Ripple USD be used.
• 2:38
  Speaker 2: This is the founder of.
• 2:40
  Speaker 1: XRP Cafe actually paying with Ripple.
• 2:43
  Speaker 2: Take a look. Well, as we know, RLUSD just dropped today.
• 2:47
  Speaker 5: Look what I have going to the store right now,
• 2:53
  Speaker 5: get to go test it out.
• 3:03
  Speaker 7: Url USD taste exactly like a two dollars and forty
• 3:08
  Speaker 7: eight cents McDonald's hash brown.
• 3:10
  Speaker 1: All right, So on a tweet that he put out,
• 3:13
  Speaker 1: this is going into where we think maybe this is
• 3:15
  Speaker 1: a tangum card that has been able to hold this
• 3:17
  Speaker 1: and be able to use this. Remember Ripple going into
• 3:21
  Speaker 1: a lot of these kinds of decentralized and self custom wallets.
• 3:24
  Speaker 1: I think that'll be a big play going forward. And
• 3:26
  Speaker 1: I want to go to a quick clip we have
• 3:28
  Speaker 1: on that.
• 3:29
  Speaker 8: Take a look, and it turns out that the card
• 3:33
  Speaker 8: with the technology is literally like a band in your pocket,
• 3:36
  Speaker 8: so you could use it everywhere and you could still
• 3:39
  Speaker 8: rely on this. There is a standard in industry which
• 3:43
  Speaker 8: allows users to use the card and the technology everywhere
• 3:47
  Speaker 8: to make a payment where a visa card is accepted.
• 3:52
  Speaker 6: Perfect.
• 3:52
  Speaker 3: So am I correct and understanding that this can be
• 3:54
  Speaker 3: used by anybody in the industry, not just by existing
• 3:57
  Speaker 3: tangent uses.
• 3:59
  Speaker 9: Correct.
• 4:00
  Speaker 1: So we talked to the Tangum team about two weeks
• 4:02
  Speaker 1: ago a little bit about this and they were kind
• 4:04
  Speaker 1: of elluding to the potential launch of this. What this
• 4:07
  Speaker 1: simply is is going to be a card that will
• 4:09
  Speaker 1: be attached to a self custody wallet. If you're holding
• 4:11
  Speaker 1: Ripple USD on it, then there you've got it. That's
• 4:14
  Speaker 1: the advantage. I think this is going to get into
• 4:16
  Speaker 1: a very interesting time in self custody finance, which we
• 4:20
  Speaker 1: really haven't seen a heavy mode of that just yet.
• 4:23
  Speaker 1: So maybe Tangum could be onto something very very cool.
• 4:28
  Speaker 1: Other things to consider right now, tether USD trading continues
• 4:31
  Speaker 1: across Europe despite the delisting over on Coinbase. One thing
• 4:35
  Speaker 1: to look at right now the EU platforms right now
• 4:38
  Speaker 1: before the final MEKA deadline which is coming on December
• 4:41
  Speaker 1: thirty of those are the last few days that we'll
• 4:43
  Speaker 1: see this. Many people not really happy about this, but
• 4:46
  Speaker 1: this is one of the things that MEKA of course
• 4:48
  Speaker 1: is going to be doing over the next couple of weeks,
• 4:50
  Speaker 1: so delisting of tether going to be happening. The other
• 4:53
  Speaker 1: thing to consider right now is would you be able
• 4:56
  Speaker 1: to get yield on tokens like Ripple usd well right
• 5:00
  Speaker 1: here upholders talking about you're gonna be able to get
• 5:01
  Speaker 1: five percent yield on ripple ust. This will be up
• 5:04
  Speaker 1: on January. It looks like including a five percent rewards
• 5:08
  Speaker 1: on the Ripple stable coins. So that's another big factor
• 5:11
  Speaker 1: which is being treated much like USDC on most of
• 5:14
  Speaker 1: these platforms out there, So very solid for holding stable
• 5:18
  Speaker 1: coins for sure. I want to go to the other
• 5:21
  Speaker 1: one of the other launch partners with Ribbel stable coin,
• 5:25
  Speaker 1: and this is our tracks. Now we've got a clip
• 5:27
  Speaker 1: of the CEO breaking this down a little bit further.
• 5:30
  Speaker 2: Take a look.
• 5:31
  Speaker 7: The total market is one point four quadrill in everything
• 5:34
  Speaker 7: that's ever out there, and if you start looking across
• 5:36
  Speaker 7: any of those asset classes, they're all starting to move
• 5:39
  Speaker 7: on chain already. The support for stable coins when you're
• 5:42
  Speaker 7: talking about replacing cash. When i'd see DTCC, Euroclear clear Stream,
• 5:46
  Speaker 7: you know, it only takes one of them to flip
• 5:48
  Speaker 7: onto natively digital. And that's trillions of assets, you know,
• 5:51
  Speaker 7: tens of trillions I think we could see. And bearing
• 5:54
  Speaker 7: in mind it's one point four quadrillion, this is still
• 5:56
  Speaker 7: a tiny slice of a huge market. You know, thirty
• 5:58
  Speaker 7: to fifty trillion all on xlpl A trading on artics.
• 6:02
  Speaker 8: Here we got fifty trillion dollars two years from our ripple.
• 6:06
  Speaker 7: Twitter will replay the session.
• 6:10
  Speaker 10: All right.
• 6:10
  Speaker 1: So that's one of the things that I think a
• 6:13
  Speaker 1: lot of people are looking forward to because it really
• 6:15
  Speaker 1: does open up more of a global financial system around this.
• 6:18
  Speaker 1: And I think this is the key that we've kind
• 6:21
  Speaker 1: of been leaning in on with where Ripple is going
• 6:24
  Speaker 1: on the stable coin and how big of a deal
• 6:27
  Speaker 1: this means.
• 6:27
  Speaker 2: Now if you look at not.
• 6:29
  Speaker 1: Just where the stable coin is going, but what other
• 6:31
  Speaker 1: assets could get involved. We've got fully backed gold and
• 6:34
  Speaker 1: silver tokens right now. Remember this was done by Algoranz
• 6:38
  Speaker 1: first XRP. Now we'll be having gold and silver also.
• 6:43
  Speaker 1: I want to go to a clip that will play
• 6:45
  Speaker 1: a little bit more into this and this one is
• 6:46
  Speaker 1: the Meld CEO talking about token ised gold and how
• 6:49
  Speaker 1: it would work.
• 6:50
  Speaker 9: Take a look, we're a B to B business, so
• 6:52
  Speaker 9: we service the gold industry. So how we different from
• 6:55
  Speaker 9: a lot of products is rather than bringing a product
• 6:58
  Speaker 9: to the retail market, we're allowing the traditional gold industry
• 7:01
  Speaker 9: to come on change. What we end up with is
• 7:03
  Speaker 9: the ability to use gold and silver like you would
• 7:05
  Speaker 9: a traditional currency. So instead of using fear, you might
• 7:07
  Speaker 9: use gold to buy coffee, or you might use gold
• 7:10
  Speaker 9: to send to money to family across the world, bringing
• 7:12
  Speaker 9: gold backers as a usable currency globally. So the initial
• 7:16
  Speaker 9: focus of what those assets looks like is gold and silver.
• 7:19
  Speaker 9: The technology does expand out to include other assets as well.
• 7:22
  Speaker 1: One of the key things that kind of connects this
• 7:24
  Speaker 1: is the stable coin.
• 7:26
  Speaker 2: The other thing I think.
• 7:26
  Speaker 1: This would really do is perk up the years of
• 7:28
  Speaker 1: a lot of goldbugs, because it's going to really offer
• 7:30
  Speaker 1: them a now digital solution and even if they wanted
• 7:35
  Speaker 1: to go into DeFi. If you just look over here
• 7:37
  Speaker 1: on folks right here, you can see what the APay
• 7:39
  Speaker 1: is right there on mel at one point sixty nine.
• 7:42
  Speaker 1: But if you go a little bit further and you
• 7:44
  Speaker 1: wrap this with USDC. Look at the percentage right there.
• 7:47
  Speaker 1: Let me kind of zoom in on that. This is
• 7:49
  Speaker 1: the kind of returns that you would be getting on
• 7:51
  Speaker 1: these kind of scenarios. So pretty cool play out here,
• 7:55
  Speaker 1: I think where all this is going. If you look
• 7:56
  Speaker 1: at the brands, these are the bullion brands behind this,
• 7:59
  Speaker 1: so it's all of the majors out there that have
• 8:02
  Speaker 1: access to this.
• 8:03
  Speaker 2: So this could be a.
• 8:04
  Speaker 1: Factor for gold becoming a major play on XRP. So
• 8:09
  Speaker 1: right now by gold with Ripple, and of course this
• 8:12
  Speaker 1: is sweet gold.
• 8:12
  Speaker 2: This is one of the places where you can buy
• 8:14
  Speaker 2: physical gold.
• 8:15
  Speaker 1: Target there, all that kind of cool stuff. It's the
• 8:17
  Speaker 1: merging of the two markets that seems to be the
• 8:20
  Speaker 1: interesting factor here. Remember how big of a market gold
• 8:24
  Speaker 1: is and how this might play into where Ripple is going.
• 8:27
  Speaker 1: One other thing that happened a few weeks ago was
• 8:30
  Speaker 1: the situation where XRP was used to actually go into
• 8:34
  Speaker 1: the diamond market. This was a auction that happened, and
• 8:38
  Speaker 1: the retail value of this diamond right around ten grand.
• 8:40
  Speaker 1: You can kind of see just some of the clarity there.
• 8:43
  Speaker 1: But the cool thing is is that the market for
• 8:46
  Speaker 1: diamonds not necessarily as large as gold. But the fact
• 8:48
  Speaker 1: that you now can get into another asset with a
• 8:51
  Speaker 1: digital conversion is a pretty big deal. I want to
• 8:54
  Speaker 1: go to a clip real quick that we'll kind of
• 8:56
  Speaker 1: explain this.
• 8:57
  Speaker 11: Take a look, so everybody the moment it is looking
• 9:01
  Speaker 11: at the bitcoin. Bitcoin had been reached one hundred thousand
• 9:04
  Speaker 11: dollars recently. But what is even more exciting a choganized assets.
• 9:11
  Speaker 11: And I have a special honor to present to you
• 9:13
  Speaker 11: to night a chognized diamond.
• 9:17
  Speaker 2: It's a very nice.
• 9:18
  Speaker 5: One with an all cha. It's the best quality. It's
• 9:20
  Speaker 5: a tea quality, so it's true less. Let's saw three
• 9:24
  Speaker 5: of these a bidding at five thousand immediately the five, six, seven, eight.
• 9:31
  Speaker 12: Nine thousand. Now you love me, Cristal seven's been hold no, no, no.
• 9:37
  Speaker 5: We are twelve thousand here now and go I have some.
• 9:40
  Speaker 12: Top seventeen and know it's fifteen thousand. Now give us
• 9:45
  Speaker 12: me no whole fifteen thousand. We are sixteen here we
• 9:49
  Speaker 12: will nineteen thousand. Now it's a say voting our home, monsieur.
• 9:54
  Speaker 6: This mean.
• 10:08
  Speaker 1: If you look over on XRP cafe, this could become
• 10:12
  Speaker 1: a pretty big deal. I mean we could see another
• 10:15
  Speaker 1: asset class starting to move into the ripple community, even
• 10:19
  Speaker 1: though I think that was a little bit overpaid for
• 10:21
  Speaker 1: on that particular diamond. But going forward, maybe this starts
• 10:25
  Speaker 1: to play out a little bit differently. The other thing, too,
• 10:27
  Speaker 1: is you're paying for it in XRP. I wonder if
• 10:29
  Speaker 1: that will shift some once that Ripple stable coin could
• 10:33
  Speaker 1: be used for this to kind of balance that out.
• 10:35
  Speaker 1: That could be a big factor as well, which could
• 10:38
  Speaker 1: be another scenario where people start to hold physical assets
• 10:41
  Speaker 1: like that, real world assets that are tokenized for that
• 10:44
  Speaker 1: quality level.
• 10:44
  Speaker 2: So pretty cool.
• 10:46
  Speaker 1: Here's LCx, which was a company we just showed on
• 10:48
  Speaker 1: the clip there about holding diamonds, and here's the thing
• 10:52
  Speaker 1: that gets applied here is MIKA. Of course, the regulation
• 10:55
  Speaker 1: and the license approval happens in February, and I think
• 10:57
  Speaker 1: this is coming up in yeah, February twenty twenty five,
• 11:00
  Speaker 1: so that will start to roll that out. And I
• 11:03
  Speaker 1: want to go to a clip real quick, because this
• 11:05
  Speaker 1: will give you some insight of where they think this
• 11:08
  Speaker 1: market is going with this kind of implementation.
• 11:11
  Speaker 2: Take a look.
• 11:12
  Speaker 10: And now we're getting meeca the markets in crypto assets
• 11:16
  Speaker 10: regulation and with Trump's promises, there's a lot of hope,
• 11:21
  Speaker 10: like replacing Gerry Gensler at the SEC. I think there
• 11:24
  Speaker 10: are more than two hundred and fifty senators now who
• 11:26
  Speaker 10: are like supporting crypto and for US at LCx as
• 11:30
  Speaker 10: well as many other players, US, we couldn't really enter
• 11:34
  Speaker 10: as a market now with the new regulatory setup. I
• 11:37
  Speaker 10: was hoping that maybe we can then also like double
• 11:41
  Speaker 10: down on us if we look at other assets which
• 11:45
  Speaker 10: are like in financial markets, whether it's derivatives that's five
• 11:49
  Speaker 10: hundred trillion dollars, the whole stock market is like seventy
• 11:52
  Speaker 10: to eighty trillion dollars. Real estate also massive, massive market
• 11:58
  Speaker 10: and all these things rely on outdated technology. When we
• 12:02
  Speaker 10: talk about the supercycle, ten times one hundred times bigger
• 12:05
  Speaker 10: market opportunity as we are currently have in the crypto market.
• 12:08
  Speaker 1: And I think it's still early stage for gold, diamonds,
• 12:12
  Speaker 1: real estate, a lot of these, but when it does
• 12:14
  Speaker 1: occur and we start to see real pickup on it,
• 12:17
  Speaker 1: look at just the way that the bitcoin ETFs took up.
• 12:21
  Speaker 1: If you kind of consider and almost compare against that,
• 12:25
  Speaker 1: I think that might be the way that a true
• 12:28
  Speaker 1: artwa bull run starts to look. Now, it's all not
• 12:31
  Speaker 1: stopping just there. Further on into the XRP ecosystem. You
• 12:35
  Speaker 1: have to look at some of the meme coins, and
• 12:37
  Speaker 1: one of the meme coins have been, of course Ripples.
• 12:40
  Speaker 1: The other one I like is Drop, but there's several
• 12:42
  Speaker 1: out there right now, and the likelihood is that they're
• 12:45
  Speaker 1: probably going to get more active because of the stable
• 12:48
  Speaker 1: coin also becoming a reality. And if you look at
• 12:51
  Speaker 1: just the size of the market here that has been
• 12:54
  Speaker 1: taking market caap right there, only kind of zoom in
• 12:56
  Speaker 1: on that for you guys, almost here in fifty million
• 12:58
  Speaker 1: right there, and we're just getting started.
• 13:00
  Speaker 2: Of course, the bump right.
• 13:01
  Speaker 1: Here obviously because of most likely Ripple USD.
• 13:05
  Speaker 2: So all this.
• 13:07
  Speaker 1: Simply means, guys, is that there is an ecosystem brewing
• 13:09
  Speaker 1: right now within the Ripple community that is absolutely on fire.
• 13:12
  Speaker 2: We're going to see RWA's we're.
• 13:14
  Speaker 1: Looking at a meme coin ecosystem, and of course a
• 13:18
  Speaker 1: stable coin now that starts to really change the game,
• 13:21
  Speaker 1: I think for a lot of things, including yields and
• 13:23
  Speaker 1: all sorts of use cases. So whether it's payment, et cetera,
• 13:26
  Speaker 1: all of that is what we're going to be watching
• 13:28
  Speaker 1: very closely here on the channel. So stick around, make
• 13:30
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• 13:33
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• 13:36
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• 13:37
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• 13:40
  Speaker 1: We'll catch you next time right here on tech Maath