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Disclaimer: Strictly for fun! Not financial advice! Also, would love anybody to expand on or talk about the flaws in this. Also unsure if this has been talked about already! So someone, 4y ago, asked: “Why does XRP need a value to be used on the RippleNetwork by banks if it will be adopted? Can’t it be used with zero value?” In summary, David Schwartz responded: “No, can’t be used unless it’s value and liquidity is sufficient, and the more value and liquidity the broader range of payments it can be used to settle. The easiest way to see why this is so is to think about bitcoin. Four years ago, you couldn’t buy a house with bitcoin. You can today. But it would be very hard today to settle a $1 billion payment with bitcoin. If bitcoin’s price ever goes to $1,000,000, you could then settle a $1 billion payment with it.” Link: https://www.quora.com/If-a-large-amount-of-banks-were-to-adopt-xrapid-and-started-using-xrp-how-would-that-impact-the-tokens-value In other words - BTC’s price at the time of posting this (probably between $4k-10k) would be adequate for something like a house payment, but move the market way too much with regard to large-volume institutional payments, and hence a settlement for $1Billion using BTC would be much more efficient (or preferred) at $1million a token. Now, for fun, let’s F around and play with this very specific, but very intriguing, example by D.Schwartz, and easily calculate some good ol prices. Problem: If 1 BTC needs to = $1,000,000 to settle a $1,000,000,000 payment & total supply = 21,000,000 then what does 1 XRP need to = to settle the same amount with a total supply = 100,000,000,000 Solution: (21000000*1000000*1000000000)/(1000000000*100000000000) = XRP (equate market caps to solve xrp price) Turns out, 1 XRP = $210, in this scenario. Well, that is with a total supply available on-market or on-demand. Now, what about a much lower available supply, especially the designated supply dedicated to specifically settling high volume payments on RippleNet (ODL)? What about most of XRP is existing/sitting on global institutional balance sheets in the future? What about constant transactions and settlements taking place, rather than a one off? Multi-billions of dollars, frequently? What about XRP settling a whole bunch of other stuff - NFTs, tokenized real-estate, other equities but also stocks and debt securities? Smart-Contract capabilities? On chain and off-chain settlements, ILP? Plain Lockups and staking? I’ve read that something like 5% of the supply is what will eventually be in-use. Might be bs. Anyway, using the same equation and scenario - a sufficient BTC price to settle a $1B payment that won’t move the market too much - and ignoring a whole bunch of other variables and adjustments that should probably be made on both XRP’s and BTC’s sides (lol, this is very much a massive assumption and strictly for fun): Assuming % of XRP supply on-demand = $ 100% = $210 50% = $420 30% = $700 10% = $2100 5% = $4200 1% = $21000 Again, would love for anyone to expand on or find the flaws in this (i know there are many)!

Throughout the years there has been a lot of clashing, muddy and misaligning info about the roles and differences between the likes of OVL (Overledger), ILP (InterLedger), XRPL, SWIFT, but after 6 yrs I think I finally have clarity on the categorising. Please keep in mind, this is my own speculation (also first post here). Not incl. all relevant techs, it goes like this (if I'm wrong, pls do correct me): SWIFT - interbank msging/payments and traditional-settlement Sys. (will) utilise CCIP (via LINK) - to extend clients to dlt/blockchain for msging/payments. OVL - All DLT/Blockchain + Legacy Sys plug-n-play or bridge - data/msging/payments/mDAPPs-building OS. QNT - gas/transaction token for OVL. ILP - IoV or open-source protocol/pipelines for msging of value/payments interoperable with, or between, any ledgers (e.g. leverage external ledgers like the XRPL to instantly settle an on-chain, or on-ledger, or even cross-ledger, payment via XRP). XRPL - neutral/public/open-source consensus settlement & tokenisation layer/DEX. XRP - agnostic and liquid cheap/public/instant/neutral native settlement asset/currency. RippleNet (xCurrent) - Private Interbank & PSP instant msging/payments Sys by Ripple, or RTGS and direct competition to SWIFT. ODL (xRapid) - leverages XRP for instant settlement. Conclusions: Best to my knowledge, OVL seems to be on another planet in terms of possibilities/capabilities in the msging, smart-contracts and dAPPs department. It does seem to me that there is a sort of 'battle of the institutional payment/msging/data systems' that are/will be ongoing between: Systems/hubs built with OVL, SWIFT/LINK, RippleNet. SWIFTs leveraging of Chainlink via the CCIP is a (clinging-on-for-dear-life) direct competition to the likes of RippleNet and any payment systems possible with OVL. Additionally, It also seems to me that the best 'settlement mechanism', that makes the most sense for all these systems/ledgers (private/public) to be using (w/RippleNet already using), which really has no competition, is via XRP - made more accessible to any external/off-chain ledgers or private institutions (incl. those in an OVL and/or SWIFT/LINK Sys/environment), without the need for on-boarding onto RippleNet, and at global 'internet-like' scale, via payment msging through the open ILP. That is, unless you're an entity which is relying on a non-neutral, and probably biased and more illiquid (not to mention probably more expensive) asset or mechanism e.g. a particular CBDC or Gov-backed or dollar-pegged stablecoin (prone to a whole range of issues). Moreover, platforms like XinFin, Corda and Quorum will undoubtably all be involved in smart-contracts and institutional-grade trade-finance (XinFin being a hybrid network and combination of Eth/Quorum and Corda). Question I still have: Whilst there is a horde of evidence that the XRPL/XRP is being leveraged by Institutional OVL and Corda initiatives/arrangements/experiments, is there any clear evidence that SWIFT will possibly leverage the XRPL/XRP and if so will it be via Chainlink through the CCIP or via ILP? Apologies if this is too technical or hard to understand for anybody, contains errors, and for any grammar errors.

I read this tweet. Will it make XRP useless ?

In a video stream via YouTube entitled “Q1 2020 Virtual All-Hands Meeting”, Ripple CEO Brad Garlinghouse reported on Ripple’s achievements in the first quarter of 2020. Of particular interest to XRP investors were Garlinghouse’s statements on the adaptation of the XRP based payment platform On-Demand Liquidity. As the CEO of Ripple explained, the company succeeded in signing 28 new production contracts in the first quarter of 2020. "Specific to our On-Demand Liquidity, there’s a 190% increase from Q4 to Q1. We saw some of our big customers, a player in Thailand, go live. That’s driving a lot of volume. We [had]forecast 20 new contracts, and we ended up signing 28 new production contracts in the quarter. So despite the dynamics of the pandemic, we were able to finish the quarter on a strong note." Source: https://www.crypto-news-flash.com/q1-ripple-signs-28-new-production-contracts-for-odl/ Note: Not all 28 new production contracts are ODL specifix.

I'd appreciate any feedback and insights as to why the XRP On Demand Liquidity volume has decreased so drastically since Friday afternoon. I'm very curious about this, and I'm hoping someone who is more well researched than I can enlighten me. And FYI yes I know the weekend volume typically tails off - I'm referring more to the first two days of this week. Thanks in advance

https://xrpripplenews.com/category/xrp-news/

This is, by far, the best article I've read detailing why the Fed repo is occurring, what this all means, and the massive problem that XRP & ODL is poised to solve. http://www.deepthroatipo.com/repo-acalypse-now/ Below are a few snippets from the article, but I highly recommend taking the time to read it all. Most importantly, again for emphasis, the Global USD increase over the last two years was primarily attributable to domiciles outside the United States (88%), with only 12% of the USD increase attributable to US Cross-Border Bank Liabilities/Deposits. In other words, the Global inventory of “newly printed” USDs is rapidly being absorbed by foreign ownership. 1.) The first thing we notice is that Total Global US Dollar Deposits has more than doubled, to $29.571 Trillion since 2003. 2.) Domestic US Dollar deposits, used to support America’s “main street” economy (Dollar Deposits held by US Depositors in the US) are 32% of total Global US Dollars in circulation. 3.) As the issuer of the World’s Reserve Currency, America has assumed the role of currency purveyor to the rest of the world. (As of June 2019, 69% of US Dollars in circulation were held by foreign entities either in US Banks or Cross-Border in foreign Banks). Roughly half of all US Dollar Deposits in circulation are held by foreign entities in foreign Banks. Roughly 20% of all US Domestic US Bank Deposits reside in accounts owned by foreign entities and individuals. Only 32% of all US Dollar deposits in circulation, roughly $9.4 Trillion, are owned by US Entities and individuals and held in Domestic US Banks. (The “Green” area on the above chart)

Great to see XRP ecosystem is growing rapidly 👍 >> http://stedas.hr/xrp-ecosystem-ripple.html Over 100+ companies using, testing and accepting XRP: money transfers crypto cards crypto wallets crypto exchanges crypto loans micropayments financial institutions payment providers VIEW INFOGRAPHIC: http://stedas.hr/xrp-ecosystem-ripple.html

https://www.ripple.com/insights/transfergo-partners-with-ripple-to-offer-global-real-time-payments-everywhere-to-everyone/

https://xrpripplenews.com/2019/10/20/why-xrp-odl-will-transform-our-world-why-its-about-to-explode/

Blog URL: https://coil.com/p/Hodor/Acceleration-/3dawvDvgk The IoV is growing at an increasing speed! To learn about the 𝐩𝐫𝐨𝐟𝐨𝐮𝐧𝐝 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 that were announced over the last busy week, refer to today's blog: 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐍𝐞𝐰𝐬: The IMF publishes a paper titled 'From Stablecoins to Central Bank Digital Currencies.' 𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Ripple and the Xpring team organize a series of important announcements preceding the first UBRI Connect Conference & Hack-a-thon; A new Xpring SDK (software development kit) is published; Brad Garlinghouse appears at two venues - a YouTube video with Anthony Pompliano, and the Economic Club of New York; David Schwartz publishes thirteen proposals for changes to XRP; Ripple acquires an Icelandic crypto trading firm; XRP Experts explain how XRP owners can (currently) use the XRP account reserve in an XRP wallet; and Jim Chauncey-Kelly talks about Ripple's corporate culture. 𝐂𝐨𝐢𝐥 𝐍𝐞𝐰𝐬: Stefan Thomas kicks off the second day of the UBRI Connect Conference with a talk about web monetization; Ken Melendez incentivizes authors on Coil that choose to participate in Coil Blogging Club competitions; Cinnamon successfully integrates Coil & ILP with its video streaming platform; and I provide links to five new Coil articles from various authors. 𝐗𝐑𝐏 𝐍𝐞𝐰𝐬: Sincerely George organizes an effort to identify developers who should be considered eligible for the XRP Community Choice Awards; Crypto.com updates its service to allow XRP holders in the U.S. to directly debit their XRP in their Crypto.com wallet; VinDAX, a new ICO-funded exchange, adds support for XRP trading; Wietse Wind publishes two massive data stores in SQL Lite format, containing the closed XRP Ledgers and their associated transactions; Richard Holland announces a new version of the XRP Toast Wallet; @_JonnyLawrence shares a new GIF that intuitively explains On-Demand Liquidity (ODL); and PDAX, a Philippine crypto exchange, adds support for XRP. I hope you enjoy the read: Please feel free to share my blog with a friend or share it on any other platform - and thanks for doing so! My blog announcement links on other platforms: Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Reddit r/alternativecoin Reddit r/CoilCommunity Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread