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JPMorgan's XRPL Treasury Win, MoneyGram Picks Stellar & $1.10 Holds | Jul 1
Audio is available on Spreaker — see link below.
XRP drops 2% to $1.10 even as JPMorgan, Mastercard, Ondo, and Ripple settle a tokenized US Treasury on the XRP Ledger in five seconds — the infrastructure-versus-token gap is the story. Plus MoneyGram launches MGUSD on Stellar, ETF inflows hit $400M cumulative, and California's DFAL deadline lands today.
Audio is available on Spreaker — see link below.
JPMorgan, Mastercard, Ondo, and Ripple just settled a tokenized US Treasury redemption on the XRP Ledger in roughly five seconds. Traditional rails take three to five business days.
MoneyGram just launched its own stablecoin, MGUSD, and it's running on Stellar, not XRP Ledger. The Ripple partnership ended back in twenty twenty-one when the SEC case made XRP too risky to route payments through.
The chart is structurally weak. XRP is trading below its twenty-day, fifty-day, and two-hundred-day exponential moving averages, at one dollar seventeen, one dollar twenty-five, and one dollar fifty-eight respectively.
Here's the interesting counterweight. XRP ETFs pulled in ten point six six million dollars in net inflows last week.
Ripple faces a quieter but potentially significant deadline. California's Digital Financial Assets Law requires a filing by July first, twenty twenty-six.
T54 launched the x402 protocol on XRPL this week. It allows software agents to handle payments, run risk checks, and access credit services autonomously.
The real test this week is whether one dollar ten holds with any conviction. The California DFAL deadline on July first is the clearest near-term regulatory signal.
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