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Evernorth Lists on Nasdaq, Seoul Mystery & Fed Rate Risk | Oct 1-3
Audio is available on Spreaker — see link below.
XRP news moves fast: Evernorth's 473M-token treasury hits Nasdaq October 8th, CSD BR goes fully live on XRPL, and a Fed rate hike at 64% probability is squeezing non-yielding assets. Three dates are driving everything in XRP right now — Seoul, Nasdaq, and the Fed.
Audio is available on Spreaker — see link below.
Brazil's central securities depository just moved XRP Ledger from the pilot column to the live operations column. CSD BR has begun the first phase of tokenizing BTG Pactual fund shares directly on XRPL, using the Multi-Purpose Token standard, with real transactions settling in a regulated market environment.
Shifting to public markets. Evernorth has cleared its final hurdle.
On October third, Ripple has a special announcement scheduled at its Seoul conference, immediately following a cross-border payments panel. No details have been confirmed.
On the flow side, XRP ETFs drew four point zero seven million dollars in inflows on October first, led by Franklin Templeton. Ethereum funds shed fifty-five point three seven million the same day.
The ECB added relevant context this cycle. Isabel Schnabel published a framework mapping three distinct models for tokenized central bank money and DLT-based settlement infrastructure.
The macro picture is less friendly. There's a sixty-four percent probability of a Fed rate hike on October twenty-eighth.
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