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XRP Updates Sparks Bullish Rally🚀Ripple Tokenized Assets Incoming🔥 · The Paul Barron Crypto Show

• 0:07
  This week, the market starts to correct a bit and XRP is on the
• 0:11
  front of the news around some of the strategic things that they're doing to possibly
• 0:15
  maybe take this token up again. We'll break it all down for you.
• 0:18
  My name is Paul Barren. Welcome back into tech path. All right,
• 0:20
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  to GMT dot io. All right, so let's get started today. Take
• 0:53
  a quick look at XRP. Of course, starting to go a little bit
• 0:56
  positive here in sentiment. Also you'll see a little bit of the money flows
• 1:00
  starting to go back into the positive. If you kind of zoom in on
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  our sentiment on the overall trade sentiment for our MSI sixty five, currently volume
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  sentiment holding a sixty one and overall average fifty five. That's up significantly on
• 1:14
  XRP, so the likelihood of this taken off a little bit more could be
• 1:17
  in the cards. We'll take a look at some of the reasons why I
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  want to get into a couple of things this SEC. Note right here is
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  the Sunshine Act. Notice this is going to be happening on the eighteenth of
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  July. A couple of the things that they're going to be talking about right
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  there, institution and settlement of injunctive actions, the things that are going on
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  right now with ripple injunctivevents, the settlement of administrative proceedings also, and then
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  also the resolution of litigation claims. So it's possible that we could get maybe
• 1:46
  this case just dropped by the SEC. If that happens July eighteenth, this
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  one I'm watching for as this could be the date to possibly see some movement.
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  If you look at some other analysis on XRPS as a hole, you
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  can kind of see the breakout here all the way up to above sixty cents,
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  which is kind of that resistance line around sixty two, So this could
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  be the time in which XRP gets a little bit of movement overall further on
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  x right here, all eyes on XRP right now. Staking pools are now
• 2:16
  live on bitrue. And remember that this is still a large percentage. Existing
• 2:23
  users can earn up seven percent on their seven day lock. Fifty percent apy
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  on some of these staking pools. Could be another area that plays into a
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  positive indicator here for XRP. Brad garling House comes out as says, first
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  step towards institutional crypto products to have a trusted benchmark reference rate. Nice to
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  see the CME group. So this is coming on the CBOE or excuse me,
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  the CME, which is all talking about July twenty ninth benefiting from what's
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  happening right now on the situation there. So I think this is I don't
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  know, this is where I think we have to take a look at XRP
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  as a whole, some of the strategic moves that they can continue to make.
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  And remember that summer months typically is when some of these projects are really
• 3:05
  building because they have these fall events. We'll talk about that in a second.
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  And I think there's going to be back in October back here in Miami,
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  we'll take a look. But that could be leading up to some very
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  big statements for XRP and big releases. Obviously, we've already seen quite a
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  bit around their stable, token, crunch base, of course, updated ripple
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  investment exits, and a couple of the points that they hit on. Remember
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  Bitstamp was an exit, probably due to the robin Hood acquisition, but you
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  also could kind of see there were some other things they exited out of,
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  including money gram and Trenglo. So are they prepping for what could be a
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  very interesting time? And remember robin Hood buys Bitstamp. This was a two
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  hundred million dollars deal. It was a bit of a surprise. So how
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  is this all connected? And is this connected? I think when you look
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  at some of the strategic things that are playing out, it could get pretty
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  interesting, including a possible listing right here, rumors of a relisting on XARP
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  over on Robinhood. This could happen as early as next month in August.
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  I think that would be another huge move on XRP. Further out here,
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  I want to talk about a couple of things, and this one right here
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  is they're talking about this Maker Dow move and this is announcing their Spark tokenization
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  Grand Prix. What this simply means is there's an objective to onboard up to
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  a billion of tokenized assets with potential more. All right, so why are
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  they doing this. Let's just dive into it. Here's Maker Dow obviously with
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  their profitability on eth holding it about fifty four million right there, considerable in
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  comparison to some of the others out there that are holding in profitability. You
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  look at that, and then this right here, Maker Dow is now earning
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  eighty percent of its fees and revenue from guess what, real world assets.
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  Taking a look at real world assets, and I'll kind of paint this together
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  here. So when you look at this Securitize holding the number one spot right
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  there in market cap five und twent twenty four million, up thirteen percent just
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  over the thirty day. A lot's happening here. I want to go to
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  a clip real quick because this will get into a little bit more detail on
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  what Larry Fink thinks around where this market could be going. Take a look.
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  Yeah, made it so that people can be in bitcoin. We hear
• 5:16
  that you are thinking about ethereum. There's a real need for everyone to look
• 5:20
  at it as one alternative to I would say the optimism that I have in
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  the world. If you want to hedge hope, Bitcoin is not an instrument
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  for hope unless you're hopeful you're gonna make a lot of money on it.
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  But I look at it as a vehicle in which you're expressing your financial acumen
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  in something that you're more frightened of the world. You're more frightened of your
• 5:44
  existence. We need to create hope, and that's what we are here for.
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  To bring hope, to provide a better future. We need to have
• 5:50
  conversations about the opportunity and the positives we have that opportunity. You know,
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  at Blackrock we had an amazing quarter where we had the biggest core in our
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  history of one hundred and fifty billion dollars in flows in ETFs. No other
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  quarter ever one hundred and fifty billion dollars of flows. We have two trillion
• 6:08
  dollars more in assets today than we did a year ago and the same amount
• 6:12
  of employees, okay, two trillion dollars more in assets, the same amount
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  of employees. That is technology at work, you know, so you can
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  see the excitement there in Fink's voice and his actions. And remember Biddle tied
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  to Eth, tied to Blackrock. All of this is what he's talking about.
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  Did he actually say that ethereum is hope? Is that the potential token
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  of that going forward? Here's Carlos Domingo, who is the CEO of Security,
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  is talking about great move by maker. Dow will be there supporting this
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  initiative with black Rocks. Biddle so large tokenized treasury fund and one that received
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  the largest allocation from recent This is just the beginning, I think of where
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  these types of tokenized treasuries are going to be going. So one thing you
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  have to consider is remember, because a lot of this is still tied to
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  high interest rates, obviously we start to see interest rates get cut, that
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  could change the landscape for a lot of these types of scenarios. Carlos Domingo
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  talks about that in this clip and breaks it down a little bit more.
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  Take a look, a lot of people are considering the prospect of a rate
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  cut as early as September, the market increasingly believing. So how do you
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  think that will impact the product? Do you worry that we are kind of
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  looking at a boom time here, but facing a plateauing later on. Well,
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  obviously the money market funds are more attractive when you're in a high interest
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  environment like we are now. I think even if you get a rate cut,
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  you still get you know, a good return, and I think it's
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  five point three now, so even if it goes down to like five percent,
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  is still a good return. And it's also very safe asset class.
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  Right, So you're basically investing in interestries from the US government. So I
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  think a lot of people will continue buying and consuming money market funds even if
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  interest rates go down. And then what I think will happen is that the
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  next kind of natural asset classes that give you a higher yield and that are
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  still you know, safe, like you know, private credit and all the
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  type of funds that will kind of emergen and start growing from there. All
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  Right, So it's a nice clip. This gets into a little bit more
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  about that what Carlos was kind of talking about. There's a lot more other
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  projects out there that potentially could still be a very big part of the growth
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  of what we'll see in terms of tokenized securities. And further into that,
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  you look at where Ripple is currently and what their achievements have been in a
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  very short period of time compared to even some of the other projects out there.
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  This clip will give you a little bit further insight to just how far
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  ahead they are. Take a look. The public blockchain that we use is
• 8:37
  called the XRP ledger. The XRP ledger technology has proven it has been processing
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  billions of transactions. But you know, central banks like to have things a
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  little bit more private, so we have created a private version. One of
• 8:50
  the distinctions about it is looking at tokenizing bonds. There's a payroll element to
• 8:56
  the pilot, and then there's an offline. So this is when you know
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  when you have your mobile phone, if you have no Internet connection, you
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  can still make purchases. So the thing I like about the project here is
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  it's quite a wide range of use cases. Many of the ones the pilots
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  you see in the in the press and the media there are more basic.
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  They're just what I would call a proof of concept as opposed to a pilot.
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  So and that's one of the things that we were excited about working with
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  the National Bank here is they have a vision to go beyond experimentation. We
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  recently did a project in Hong Kong with the Hong Kong Monetary Authority, which
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  is the central bank in Hong Kong, to tokenize real estate. So people
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  have a property, you can tokenize that and represent that on the blockchain.
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  And in this particular project, we were people were able to release capital from
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  their property. If there was one hundred thousand dollars worth of equity at the
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  house, the bank was able to pre approve how much of that could be
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  borrowed, and then when the individu jule says yes, I want to apply
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  for this, it all sort of happened automatically, all right. So I
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  think this is getting to the point where a lot of financial institutions they're prepping
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  for what everybody knows is coming, that is a reduction of rates. This
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  will play into a lot of this. And I think as you see where
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  Ripple is today, you have to look at this tweet right here, and
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  that is Ripple's stable coin USD stablecoin backed offering, transparency, stability, all
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  that's coming available. So all of this aligned with MIKA, all of this
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  aligned with potentially stable coin regulation here in the US. And remember Tether also
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  plays a big part of this. I want to go to another clip because
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  this is Monica Long and she's talking about that why the stable coin will succeed.
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  Take a look. It's almost a no brainer, right Teather's printing,
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  well, not printing in that sense, but is making billions of dollars.
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  How does Ripple get a piece of that? It's a big pie. What
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  is it? Market cap of USDCS stables right now is like one hundred and
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  sixty billion dollars and the projections we've seen are close to three trillion dollars by
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  was in the next you know, three does signed years. Key to success
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  of a stable coin is how are the reserves managed. We went about acquiring
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  a company, Standard Custody, earlier this year. Standard Custody has a very
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  coveted New York Trust License, which means they're regulated by New York DSS.
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  Lots of eyes on Europe right now. In that way, that's all going
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  to be critical to like make or break the success of the stable coin.
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  I think we have noticed more large institutions, you know, standing up straighter
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  and leaning in more to tokenizing securities and bonds, et cetera, as they've
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  following the lead of players like Black Rock, and Franklin Templeton. This is
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  important because as you see the growth of where not only token I securities are
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  going to play into this, but stable coins the liquidity that is going to
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  be needed in the market. And you look at MICA as being one of
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  the driving forces, possibly the blueprint for the United States at some point because
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  there will be a lot of involvement. Okay, let's take a look quick
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  at this tweet because this is where it gets interesting because this is MECA enforcement
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  stable cooin approaches. Next money on where you're going to see a lot of
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  the EU now delisting what's happening on tether including guess what bitstamp already delisted back
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  to the robin Hood acquisition did is this something that maybe robin Hood is making
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  way for an XRP or a ripple stable coin playing into this, because remember
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  Teather's still large percentage of the market share overall if you look at the current
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  status in terms of market cap. Next up would be USDC, of course,
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  but I think this could be a huge opportunity for what's going to happen
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  with the ripple stable token. One other thing, here's twenty one shares.
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  This of course shows a little bit of a breakdown of their composite of their
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  basket index, and within that you've got XRP, of course wrapped in their
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  large percentage. I think it's the number three position. And furthermore into that
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  you also see the connectivity to ONYX, all tied into maybe the future of
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  around institutional assets and how all this plays in. So you start to see
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  the players come together here into some pretty I think intriguing scenarios overall. If
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  you look at where twenty one shares is right now in terms of their current
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  token breakdown, Bitcoin of course number one, but the number two asset right
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  there XRP holding in just looking zoom in on that. So there's a lot
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  that I think is coiling up for a huge successful not only summer, but
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  maybe twenty twenty five being one of the biggest years for Ripple, maybe even
• 13:46
  XRP. As we start to see so many of these things start to happen.
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  I think a lot of this will be revealed at their swell event,
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  which is happening in Miami here in twenty twenty four. This comes in on
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  October fifteenth and sixteenth, so right there at the FANEA Forum. So check
• 14:01
  that out. If you are a big XRP person, this could be huge.
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  Guys, we're going to be keeping a close eye on XRPN what's happening
• 14:07
  with the token, but also just in general because tokenize assets and especially tokenied
• 14:13
  securities are I think going to start to set a new tone for the financial
• 14:16
  markets as a whole in a positive way, especially for blockchain projects. So
• 14:22
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• 14:37
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• 14:39
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