Now Playing
DTCC Settlement Asset, CLARITY Act Defeat & XRP's 10-Week Price Trap
Audio is available on Spreaker — see link below.
XRP crypto news: Ripple Prime earns a seat at DTCC's tokenization table, but the critical settlement asset remains unnamed — and the CLARITY Act just failed its Senate vote 49-50. Six stories that define where XRP stands today.
Audio is available on Spreaker — see link below.
Ripple is now sitting at the same table as BlackRock and JPMorgan inside DTCC's tokenization working group, shaping how Wall Street securities get moved onto blockchains. That's a real development.
Some background worth keeping tight. Ripple acquired Hidden Road in October twenty twenty-five for one point two five billion dollars, turning it into Ripple Prime, its prime brokerage arm handling over three trillion dollars in annual clearing volume.
On a parallel track, Ripple announced a settlement partnership with Arf. The structure is straightforward.
The regulatory environment got noticeably worse this week. The Digital Asset Market Clarity Act failed a Senate cloture vote forty-nine to fifty, falling eleven votes short of the sixty needed to advance.
Here's where the divergence becomes hard to ignore. XRP has been trapped between one dollar twenty-five and one dollar sixty for ten weeks following an August rally of seventy percent.
Two things to watch closely. First, validator consensus on the XRPL lending amendments.
Chapter summary auto-generated from the verified script. Listen to the full episode for the complete content.