DreXRP

hey, those are Brad's patented words

Hello @BobWay, great to have you here. What are your thoughts on this picture? Sincerely Dre

https://ripple.com/insights/how-european-businesses-are-using-blockchain-to-expand-globally/

Also here, very interesting read: https://xrparcade.com/news/sec-commissioner-hester-m-peirce-a-view-from-inside-the-machine-and-what-it-might-mean-for-xrp/ What does this mean for XRP? By applying the commissioner’s statements on XRP, then it is surely NOT a security. The XRP network is not being run by a central entity. Only 6% of the validators are being run by Ripple while only 27% of the default UNL. At the same time, there are many entities building/using the XRP network and the coins are being used in a functioning network, they are not investment contracts. Despite the fact that this speech by the Commissioner was quite bullish, we must not forget that these are her personal views and the whole security issue will not be over until the fat lady sings, or in this case until the SEC or the Congress act.

Speaking directly with Michael Hiles, Congressman Davidson's adviser on the issue and CEO of blockchain solutions company 10XTS, I was able to confirm a target date of February 14th (Valentines day) for the bill to be officially introduced. @BrownBear https://www.globalcryptopress.com/2019/01/exclusive-members-of-us-congress-from.html?m=1

Valentinsday...

Yet many of these projects begin in a centralized manner that looks about the same as any other start-up. A group of people get together to build something and they need to find investors to fund their efforts so they sell securities, sometimes called tokens. The SEC applies existing securities laws to these securities offerings, which means that they must be conducted in accordance with the securities laws or under an exemption. When the tokens are not being sold as investment contracts, however, they are not securities at all. Tokens sold for use in a functioning network, rather than as investment contracts, fall outside the definition of securities. Here the full speech https://www.sec.gov/news/speech/peirce-regulation-view-inside-machine

These are all payments on the ledger in the last 24 hours. It usually goes down on the weekend. The proportion of xRapid is only a small part of it, but should grow in the near future. how big the xRapid part is is not clear.

Sorry to be the party pooper, but Ali bank is not using xRapid. They joined RippleNet: https://ripple.com/insights/ripplenet-surpasses-200-customers-worldwide/ Ripple, provider of leading enterprise blockchain solutions for payments, announced today that 13 new financial institutions have signed up for the company’s payment network, RippleNet. The companies include Euro Exim Bank, SendFriend, JNFX, FTCS, Ahli Bank of Kuwait, Transpaygo, BFC Bahrain, ConnectPay, GMT, WorldCom Finance, Olympia Trust Company, Pontual/USENDand Rendimento. With these additions, there are now more than 200 customers signed up for RippleNet. JNFX, SendFriend, Transpaygo, FTCS and Euro Exim Bank will leverage the digital asset XRP to source liquidity on-demand when sending payments on behalf of their customers.

Every one of those 200 financial institutions, of which 50% are from Asia and the Middle East, are production ready and are in the process of going live. It took us two years to acquire the first 100 customers but it took only one year to acquire the next 100. Existing customers are using us more by leveraging our multiple corridors and the network effect is really starting to take off, said Navin Gupta, managing director for Ripple, South Asia and MENA. Governments and central banks that Rippls is engaged with are trying to streamline digital assets and to bring it either into an existing framework or build new policies through which cryptocurrency and digital assets itself can be managed. For 2019, Ripple sees a favourable regulatory environment and clear regulatory signals in ASEAN such as Thailand, the Philippines and Singapore moving ahead on digital assets. To reach further scale in particular to connect banks in small frontier markets the next version, Ripple 2.0, will be expanding its hub or multi hub model. This addresses the issue that in the process of global banks retrenching from frontier markets, local banks in Asia/ME banks have seen a decline in correspondent banking network. Here the full interview: http://www.theasianbanker.com/updates-and-articles/ripple’s-gupta-“there-is-a-significant-amount-of-movement-from-high-street-banks-to-be-interest-in-the-network.”

2020$ by 2020

@Ripple-Stiltskin, well played