This post from Yellow doesn’t seem like just a teaser 🟡 XRPL is fast. The community is passionate. If we create a space on the ledger where the community can move together, it could be huge. Chris Larsen is backing it, and there’s a clear sense that XRPL is serious about settlement and liquidity. Could this be the gateway to XRP’s next major leap? 👀 https://t.co/oDew6CNNYc
SBI VC Trade requests the removal of Japan’s “1 million yen per transaction” limit, which also applies to RLUSD From the company’s presentation materials presented at the Financial Services Agency’s study group on November 2👇 💵 Challenges in Large-Scale Corporate Payments and International Transfers SBI VC Trade explains that existing limits, such as the 1 million yen per transaction cap on USDC and RLUSD in Japan, hinder the ability to meet corporate demand. 📝 Requested Removal Target: “Category 4 Electronic Payment Instruments” Under the classification requiring an equivalent regulatory framework to Japan’s, RLUSD qualifies. The company also calls for the elimination of measures requiring buybacks or other actions for balances exceeding 1 million yen when such funds are unlikely to be used for transfers. 💴 JPYC Highlights Issuance-Level Challenges The company illustrates a hypothetical scenario where 5 billion JPY is converted into JPYC to distribute 50,000 JPY to each of 100,000 residents. Due to the 1 million JPY issuance limit per transaction, this would require 5,000 separate issuances. 📌 These are all explanations and requests from corporate stakeholders included in the study group materials. No official announcement has been made regarding the removal of these limits. 📚 Source: See link in reply👇
This morning’s Ripple video, some thoughts 🦊🔍 “5, 6, 7, 8 🥁…” The visuals show “02,” “parliament,” and a fork in the road. 02 = two more days? Or November 2nd? parliament = is there movement related to legislation or parliament? The fork in the road seems to pose the question: “At that moment, which side are you on?” 👀 Will you welcome it with XRP… or without it? Just speculation, but it’s got that puzzle-like charm XRP Army loves 😂 What do you all think?
🚨 U.S. Treasury Secretary Bessent speaks at Ripple Swell: “America will win in the digital asset stack—that will further strengthen the dollar.” Stablecoins could become a vital source of funding for the Treasury. Although Bessent did not explicitly mention XRP or Ripple, his remarks came during a conversation with Garlinghouse at the event, shortly after the OCC’s approval of RLUSD—making the context significant. It is unusual for a sitting Treasury Secretary to appear at a private crypto event 🦊 https://t.co/Uf9pYUuVWg
