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JPMorgan Settles Treasuries on XRPL While Goldman Exits & Fed Clock Ticks
Audio is available on Spreaker — see link below.
JPMorgan, Mastercard, and Ondo just settled tokenized U.S. Treasuries on the XRP Ledger — even as Goldman Sachs cleared its entire $154M XRP ETF position and Trump's 90-day Fed deadline puts Ripple's master account bid in play. The gap between institutional adoption and price action has never been wider.
Audio is available on Spreaker — see link below.
Goldman Sachs just walked away from one hundred and fifty-four million dollars in XRP ETF holdings. That's the biggest institutional XRP exit on record, and it landed in the middle of what's supposed to be the most crypto-friendly regulatory environment in years.
The price tells a similar story. XRP is sitting at one dollar and thirty-seven cents after rejecting the one dollar fifty level multiple times throughout May.
On the regulatory side, the picture is genuinely moving. On May nineteenth, President Trump signed an executive order directing the Federal Reserve to rule on payment account applications within ninety days.
The CLARITY Act cleared the Senate Banking Committee on May fourteenth, fifteen to nine. Standard Chartered estimates full passage could bring four to eight billion dollars in additional ETF inflows to crypto.
One personnel note that carries real weight. SEC Crypto Task Force chief Hester Peirce, known widely as Crypto Mom, confirmed she's leaving in November to join Regent University Law School.
Pull back a level and the disconnect is hard to ignore. JPMorgan, Mastercard, and Ondo just completed a tokenized U.S. Treasury settlement pilot on the XRP Ledger.
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