🌱 Say You, Say Me, Say It Together, Naturally 🌻
The Bridge Nobody's Crossing Anymore: Less Than Thrilling News in Ripple (XRP) There is a particular strain of confidence that survives any amount of contrary data, and XRP holders have refined it into an art form . The coin was pitched as the connective tissue of global finance — the means by which banks could transact without holding foreign cash reserves. It is a good story . It is, increasingly , not the story Ripple itself is telling with its money. Ten major institutional deals closed in the first half of this year. None of them settled in XRP . Three skipped the XRP Ledger entirely; the other seven ran through Ripple's own stablecoin , RLUSD , with XRP relegated to covering a transaction fee worth a fraction of a cent. BlackRock, Deutsche Bank, Mastercard, Société Générale — a fairly serious guest list , all opting for the dollar-to-dollar token over the one with the loyal fan base. The reasoning is unglamorous but hard to argue against . A compliance offi...