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@ChadSteingraber Is this really going to happen or you are just hypothesizing?
And if so, why not people FOMO’ing in for at least “buy the rumor sell the news” thing?
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It won't be full scale in July -- Limited trading only. That means only a few million, maybe even just a hundred million per day in activity.
But, full-scale production? This October, and that means they are going to move to tokenize the entire structure. Once entirely tokenized that will operate 24/7 without end. The SEC themselves said the entire market would be tokenized "within 2 years" and that was six months ago.
Each participate will "do different things" within this environment as DTCC has stated. Ripple Prime will specialize in settlement, which will use the XRP Ledger. DTCC is a major backbone of the entire global financial system.
As a final target, where does this lead?
At just 1% of the 4 Quadrillion per year, that's 40 Trillion a year. Every day that is roughly 109.59 Billion that must be settled --> JUST from the DTCC, not counting anything else.
If you want crazy numbers, then assume Ripple Prime could capture up to 10% per year, leaving a full 90% to other firms (3.6 Quadrillion for everyone else).
That's 400 Trillion per year across the XRP Ledger. Which brings us to a staggering 1.1 Trillion in settlement per day. Every day. Forever.
This is what tokenization of the entire US Capital Markets looks like, because the DTCC isn't just some new system... IT IS THE SYSTEM switching over to digital assets.

DJackson@GonefishingNZ
@ChadSteingraber If only 1% is used in July as POC thats still 40 Trillion a year
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Christian Bale frees the world from totalitarism with kung fu 😱🎥🍿
Emmanuel 💫@only1bangerlee
Quote this tweet with a movie clip of your choice that you think more people should see.
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