One of the areas that Brad Garlinghouse said he wants #Ripple to expand is in the area of carbon credits and "supporting growth in carbon credit tokenization functionality."
This is a huge market and it seems to me this is the first expansion by

#XRP #XRPCommunity #XRPArmy 1/3
Ripple outside of its realm of cross-border payments. Brad told us Ripple would be like Amazon, who started marketing books first, then expanded into other areas. The announcement of Ripple’s $100M investment today is a step toward major growth. 2/3

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More from @LindaPJones

May 19
Ripple is knocking it out of the park! This week, we learned about #ODL brought to FINCI in Lithuania & it will open up a new corridor between Europe & Mexico.
🧵Thread
#XRPL #Ripple #XRP 1/5
We also are hearing good things in court and Ripple is certainly leaps and bounds ahead of the SEC, who is looking quite foolish. 2/5
We also heard from esteemed consultant CapGemini that "Ripple Labs has been able to stand out from the crowd early on by partnering with banking giants & making its XRP-powered solutions go live across the globe, successfully." 3/5
Read 6 tweets
May 6
Thread: During my interview with @linqtoinc COO, Joe Endoso, he compared #Ripple to Coinbase, before it’s IPO. Coinbase was valued at $8B before it’s phenomenal IPO, which is lower than Ripple’s last venture capital funding round (at a valuation of $10B). 1/8

#xrp #PrivateEquity
“Coinbase went from $8B to $32B & got as high as $85B, before the stock market correction. That gives you a sense of what the possibility might be for price appreciation under strong, as well as adverse market conditions, for Ripple.” 2/8
“Not only are you investing based on your belief that the fundamental value of this company is going to increase significantly in the future bc of the use case they have for XRP & the international payments processing space, but also bc it is a special situation.” 3/8
Read 9 tweets
May 2
🧵Looks like May 4th & 5th interest rates may plummet:
1) After a negative GDP last month, why are people still expecting a .50% hike by the FED? I don't think it will happen, 2) Moody's can still declare Russia in default, because even though they paid the debt in dollars, 1/4
they were late. If Moody's declares Russia defaulted, interest rates will plummet. Interest rate derivatives would be caught off guard in the wrong direction, for both reasons. Also, not many are expecting a sharp rebound in stocks. 2/4
marketplace.org/2022/03/15/wha…
If the FED doesn't raise rates, the stock market will take off higher. This will catch many off guard. Shorts will have to buy stocks to cover the losses on their shorts, sending stocks HIGHER. 3/4
Read 5 tweets
Apr 30
🧵I love listening to Brad G., because there are always nuggets of gold in what he says. I'm writing highlights from this interview at the Crypto Bahamas Conference (my comments r in parens). Full interview is here:

#Ripple #XRP #FTX #cryptocurrency 1/9
I'm going to loosely quote him, direct quotes will use quotation marks. First, he said his early interest in crypto was to answer how do we bridge between the crypto world and traditional world, rather than trying to compete or circumvent banks & gov'ts? 2/9
It was about interoperability, providing cross-border payments between legacy infrastructure in a future multi-chain world. Asked about stablecoins & CBDC's, he said "CBDC's r issued or potentially issued by a Central Bank (CB), so they're not solving cross-border problems, 3/9
Read 10 tweets
Apr 28
🧵I just reviewed the Digital Commodity Exchange Act #DCEA and two things jumped out at me. 1) It says it permits "trading in only digital commodities that are not readily susceptible to manipulation." If a crypto is centralized, it certainly can be manipulated, *cough* ETH. 1/5
2) It also said to test that the backup resources of the digital commodity exchange are sufficient to ensure continued..."maintenance of a comprehensive and accurate audit trail." One crypto we know is lacking in a transparent audit trail is USDT, Tether. 2/4
Which exchange can Tether impact? Since Coinbase (COIN) announced it will accept Tether on all of its platforms, I agree with this article that COIN will suffer due to its "shackle to Tether". 3/5
seekingalpha.com/article/443295…
Read 6 tweets
Apr 25
🧵The European Central Bank (ECB) wants to get crypto regulations going because of financial stability concerns. Tether and Bitcoin are in its crosshairs.

ecb.europa.eu/press/key/date…

#Tether #Cryptocurrencynews 1/6
It specifically mentioned Tether, and is concerned in case of "large scale sales of these assets" that could "generate instability throughout the commercial paper market." 2/6
Along with KYC and anti-money laundering requirements, it recommends greater disclosure of reserve assets backing Stablecoins. Hint: Tether. 3/6
Read 7 tweets

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