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XRP ETF Supply Math, Ripple's ZILO Bet & PayPal Crypto Pivot | Aug 3
Audio is available on Spreaker — see link below.
XRP ETF holdings cross $1B AUM but the escrow supply math still isn't adding up — here's why price stays stuck. Plus Ripple backs ZILO and Licuido, PayPal buries PYUSD inside its core payments stack, and the CLARITY Act window shrinks to hours.
Audio is available on Spreaker — see link below.
The CLARITY Act didn't make the Senate floor schedule on August third. That matters because there are now fewer than seventy-two hours before the Senate breaks for recess on August seventh, and no cloture motion has been filed to even begin debate.
XRP held around one dollar and six cents to one dollar and seven cents on August third. That's a long way from the three dollars and sixty-five cents peak in July.
On the infrastructure side, Ripple announced two strategic investments on August third. The companies are ZILO, a UK-based transfer agency provider, and Licuido, which brings collateral mobility and token issuance tools to the XRP Ledger.
PayPal launched a new Payment Services and Crypto division on August third, bundling its PYUSD stablecoin with Braintree and merchant processing infrastructure. The framing matters.
This week adds macro complexity. ISM Manufacturing PMI is due, the Non-Farm Payroll report lands Friday, and FOMC-related releases will frame rate expectations.
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