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RLUSD Live on Flutterwave, XRP Lags & CLARITY Act Slips | Jun 17
Audio is available on Spreaker — see link below.
RLUSD is now live on Flutterwave's $50B African payment network as Ripple's ODL hits $15B monthly — but XRP dropped 3.5% and the CLARITY Act's July deadline just slipped. Three signals to watch before the market catches up.
Audio is available on Spreaker — see link below.
Ripple has turned RLUSD into a live settlement asset on Africa's largest payment network, and that distinction matters more than it might first appear. The deal is a strategic investment in Flutterwave's Series E at a three-point-two billion dollar valuation.
Flutterwave's CEO is forecasting a thirty percent jump in stablecoin volumes from this integration. No precise timeline has been attached to that number, so treat it as directional rather than committed.
Zoom out from Africa for a moment. Ripple's broader ODL network is now processing fifteen billion dollars monthly, with four major operators live: SBI Remit, Tranglo, Nium, and regional corridor hubs.
XRP dropped three-point-five one percent in the past twenty-four hours to one-point-nineteen dollars, underperforming both Bitcoin and the broader altcoin recovery. Trading volume spiked forty-six-point-eight seven percent to one-point-six-six billion dollars, which suggests active repositioning rather than quiet drift.
On the regulatory front, the CLARITY Act's July fourth signing target is off the table. Senate floor action is now more likely post-July thirteenth, after the recess, and only if two structural problems get resolved: unresolved ethics provisions around government officials profiting on crypto holdings, and a pending committee merger.
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