65% lower banking fees. WHO benefit's the most...? If transaction or banking fees drop by 65%, the biggest beneficiaries are usually the parties that move the most money or make the most transactions: Large businesses and merchantsRetailers, wholesalers, and e-commerce companies processing thousands of payments daily. Lower payment-processing costs flow directly to profit margins. Banks and financial institutionsThey can reduce back-office settlement costs, wire fees, reconciliation costs, and cross-border payment expenses. The largest gains often come from operational efficiency rather than customer fees. Cross-border payment usersImporters, exporters, migrant workers sending remittances, and international investors. A 65% reduction in transfer costs can save substantial amounts on large transactions. ConsumersBenefit through lower fees, cheaper transfers, and potentially lower prices if businesses pass savings on. Historically, consumers usually see only part of the savings. Governments and large institutionsMassive payment volumes mean even small percentage reductions can save millions of dollars annually. Who benefits the most in dollar terms? Usually large financial institutions and corporations, because they're moving billions of dollars through payment networks. @grok can also walk through a realistic scenario showing how a 65% reduction in US and international payment costs could affect bank profits and XRP demand using actual transaction-volume math at Lighting Speed.?
whats happens when the children Trump accounts make money on the stock market, it's a genius's idea... If you're talking about the proposed "Trump Accounts" for children where money is invested while they're young, the power comes from compound growth. A simple example: Child receives $1,000 at birth. Invested in a broad stock market index fund. Average annual return of 8% (not guaranteed). No additional contributions. By age 18: About $4,000+ If family members add money regularly, it gets much bigger: $1,000 starting balance $100/month contributed 8% annual return By age 18: Roughly $50,000-$60,000 If the money stays invested until age 65 instead of being spent at 18, the same dollars can grow dramatically because compound interest has decades to work. Why some people call it a "genius idea": Kids start investing early. Compound growth has more time to work. Families may become more familiar with investing. It could help build assets rather than relying only on earned income. The counterarguments are: Stock markets can go down as well as up. Benefits may be larger for higher-income families that can contribute more. The government cost has to be funded somehow. The actual results depend on how the accounts are structured and invested. The big financial lesson is that time is usually the most powerful factor in investing. A dollar invested at birth can be worth many times more than a dollar invested at age 40 simply because it has decades longer to compound.
World Just Built a Human Verification Layer for Banks World launched World ID for banking and finance at Money20/20 on October 19, giving banks cryptographic tools to confirm a human rather than an AI agent or deepfake is behind a transaction or video call. Design partners include Bain Capital, Pantera Capital, and VanEck.
If you're looking beyond BlackRock, a lot of major financial players are working toward bringing tokenized assets into traditional banking, brokerage, and settlement systems. Some of the biggest names are: JPMorgan: Through its blockchain platforms and tokenization initiatives, JPMorgan is actively working on tokenized deposits, securities, and institutional settlement networks. [https://t.co/YYcWOfcpi2], [https://t.co/R0Nh6gcmpc] DTCC (Depository Trust & Clearing Corporation): The organization that clears most U.S. stock trades is launching tokenization services for stocks, ETFs, and U.S. Treasuries. [https://t.co/okTunMkHwP] Nasdaq: Nasdaq leadership has publicly stated that tokenization could unlock significant value in financial markets and is evaluating blockchain-based market infrastructure. [https://t.co/Wi5LPJAvJb] Securitize: One of the leading tokenization platforms, already offering tokenized securities and working with major asset managers. [https://t.co/U7MyBMZJ8q] Franklin Templeton: Among the earliest large asset managers to launch tokenized money-market fund products. (Referenced broadly in industry tokenization adoption reports.) [https://t.co/R0Nh6gcmpc], [https://t.co/WjFT9FbJGj] Apollo Global Management: Working with tokenization partners to bring private credit and alternative investments on-chain. [https://t.co/R0Nh6gcmpc] State Street, BNY Mellon, and Northern Trust have all explored digital asset custody and tokenized asset servicing as institutional demand grows. [https://t.co/R0Nh6gcmpc], [https://t.co/WjFT9FbJGj] The bigger trend is that traditional finance appears to be moving toward tokenizing: U.S. Treasuries Money market funds Stocks and ETFs Corporate bonds Private credit Real estate Fund shares [https://t.co/R0Nh6gcmpc], [https://t.co/WjFT9FbJGj], [https://t.co/LuHEBpRbRT] For someone following XRP, XLM, QNT, and digital asset infrastructure, the names I'd watch most closely are: BlackRock JPMorgan DTCC Nasdaq BNY Mellon State Street Franklin Templeton Apollo Securitize These are the institutions with the scale to bring tokenized assets into mainstream finance rather than keeping them inside the crypto industry. [https://t.co/okTunMkHwP], [https://t.co/YYcWOfcpi2], [https://t.co/R0Nh6gcmpc] The most important development coming up may be the DTCC tokenization rollout, because DTCC sits at the center of U.S. securities settlement infrastructure. If tokenized assets gain traction there, it could significantly accelerate institutional adoption. [https://t.co/okTunMkHwP] Oh it’s happening and thats a fact…. #Octobersurprise https://t.co/FwqtvUnJbo
Fidelity Digital Assets' $500,000 settlement with California excludes tax-advantaged accounts, including individual retirement accounts, from crypto transfer obligations. According to https://t.co/GeEISpodBu, the agreement requires Fidelity to give California customers reasonable written notice.
THE DTCC’S TOKENIZATION SERVICE GOES LIVE OCTOBER 28TH [[[ CONFIRMED ]]] 🟢🟢🟢~ Go Time = October Surprise… 🔥🚀 24/5 trading…. What could change the picture👀 It becomes more plausible if one or more of these occur: * Strong client demand for BNY to custody XRP (client assets held off the bank’s balance sheet, or only operational float). * A specific, regulated use case where XRP is required as a bridge or liquidity asset in a product BNY supports. * A material shift in regulatory capital rules or risk frameworks that make volatile digital assets less punitive to hold. * A strategic decision by BNY to run a limited proprietary digital-asset book (still uncommon among peers). Bottom line BNY’s current posture is consistent with how most large custody and transaction banks approach crypto: support infrastructure, utility, custody reserves for stablecoins, and enable client activity — while keeping volatile tokens off their own balance sheet. A proprietary XRP holding is possible in the future under the right conditions... XRP's combination of institutional focus, liquidity use case, and a federal-court-derived legal clarity is one of the strongest arguments that it could play a major role in a tokenized financial system, but the market has not yet conclusively determined that outcome. the outcome you say…? Tic Toc…. Nothing can stop whats coming... https://t.co/RxoG7bsBmP