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Franklin Templeton's $150M XRPL Bet, OCC Rules & XRP Below $1.30
Audio is available on Spreaker — see link below.
XRP drops below $1.30 as Franklin Templeton moves $150M in tokenized funds onto XRPL and the OCC finalises stablecoin rules under the GENIUS Act. The infrastructure is building — but is XRP demand following?
Audio is available on Spreaker — see link below.
Ripple just moved into real estate. The company announced a strategic partnership with CryptEscrow to enable crypto-funded property purchases through a regulated settlement layer that connects digital assets directly to the closing process.
The same day this landed, Franklin Templeton moved one hundred fifty million dollars in tokenized fund shares onto XRPL, bringing their total on the network to two hundred million dollars. That's a significant institutional commitment.
XRP dropped below one dollar thirty in the past twenty-four hours, tracking a broader market decline that's pushing Bitcoin toward eighty thousand dollars. Geopolitical concerns are part of the backdrop.
On the regulatory side, the US Office of the Comptroller of the Currency published final rules under the GENIUS Act for payment stablecoins. Effective date is January eighteenth, twenty twenty-seven.
Ripple's annual Swell conference opens in New York on October twenty-seventh, with attendees including BlackRock and the IMF. Historically, Swell has been where Ripple makes its most consequential product and partnership announcements.
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