TplusZero

I could spend all day now screaming “I knew it!“ to various people - but it‘s not worth the time. Stay humble. Good times ahead for #XRP.

@bgarlinghouse @Ripple BBB for a non-bank prime broker with digital asset exposure is a siginificant milestone… congrats!

Clear validation of @Ripple Prime’s strength, reliability and tech with today’s investment grade issuer rating from Kroll. Momentum builds when markets recognize these things.

The secret sauce is simple 1/ give Corporates a trusted, regulated entry point embedded in workflows they already use, 2/ remove the friction between managing different accounts (fiat or digital). Both of those are now solved today with Ripple Treasury. Ripple Treasury is on a tear – last year facilitating $13T in payments for customers. This year, with the addition of native digital asset capabilities? LFG!

Introducing the first native onchain capabilities in an enterprise treasury management system – today @Ripple Treasury is adding Digital Asset Accounts and Unified Treasury to give CFOs the ability to view, hold, receive and manage fiat and digital liquidity in their existing dashboard. No separate interface, no new workflows and no need to navigate crypto on your own. Corporates, your starting point into digital assets is at treasury.ripple.com. ripple.com/ripple-press/r…

@Ryan_real_McCoy @RL_Tracker @_JackMcDonald_ @bgarlinghouse Down from $1.6B within the last two weeks.

@TplusZero @RL_Tracker @_JackMcDonald_ @bgarlinghouse Pretty sure that's only like 3% of a 1.3B supply? Your math is a little off

🔥🔥🔥🔥🔥🔥🔥 49,084,862 #RLUSD burned at RLUSD Treasury. xrpscan.com/tx/3800EA76195…

@digitalassetbuy @bgarlinghouse @Ripple Nope.. semantics. They own ~40B XRP.

According to @bgarlinghouse @ripple has $60-$70 Billion in crypto on the balance sheet. Previously he said the XRP escrow is not on the balance sheet. They must own a boatload of Bitcoin.

@Belisarius2020 Any insights, @_JackMcDonald_ ?

It seems to have passed largely unnoticed that there has been a large volume of RLUSD that has been burnt over the last two weeks, possibly its largest decrease in total volume for a year from almost 1.6 billion to 1.43 billion. Just healthy liquidity management or something else?

@nadertheory Unbelievable….

What it's like to be arrested on your way to a joyful family vacation... Around August of 2024 I was on my way to Turkey for a family vacation. I hadn't heard from the DOJ for a year at this point and my impression was that everything DOJ-related was fully resolved. I was going to Bodrum to introduce my young son to my wife's family (she is Turkish and they hadn't met him yet). I booked the flight two weeks in advance to boot. As I'm about to board the plane, three FBI agents intercept me, put handcuffs on me in front of me in front of my wife and my son (only eight months old at the time, thankfully) and walk me through LAX in handcuffs. The agents didn't even think twice about walking me in front of a crowd of what had to be a thousand people on my way to their car. Thankfully, they were at least helpful enough to reluctantly grant my request to put a jacket over my handcuffs, which prevented too many pictures from being taken. So why was I arrested when it seemed like the case was over and done with? Unbeknownst to me, the original prosecutor working my case quite possibly had determined that there was no wrongdoing, and was on his way out of the DOJ. However, instead of the file closing, it was instead handed off to a more junior prosecutor who got excited about it and thought I was "fleeing the country." Whether she actually thought that or she was using it as an excuse to arrest me and take my passport from me I'm not sure. But suffice it to say that if I booked a flight two weeks in advance I'd have to be the stupidest flight-risk ever... I spent the rest of the day in a jail before being transferred to an actual prison for two more days. Why so long? Because they arrested me on a Saturday morning and the court couldn't process my bail until Monday afternoon. Government inefficiency at its finest. The first thing I did when they let me out was hug my wife and son. At one point I was made to sit in the "visiting area," awaiting my lawyer, where I watched inmates sitting across from their family members, five feet away, no touching allowed. At one point a young child ran to quickly hug his dad and was reprimanded harshly by the warden. "Sir, this is your last warning. I would like to remind you that seeing your family is a privilege." Indeed, it really is. Now, almost two years later, the government decided "oopsie-daisy" and dismissed all charges, both DOJ and SEC, and the latter with prejudice. Sorry we put you in chains from your hands to your feet in front of your son and had people brutally tell you to "face the wall" every time you entered an elevator. Sorry we put you in a cage for three days with violent prisoners. These things happen. Oopsie-daisy. There's a lot more to this story that I look forward to talking about in full soon. It sounds horrible, but I was weirdly zen about the whole experience. Not only did I know I'd done nothing wrong, but the whole experience made me realize just how important what I was working on was to me. It made me realize that to be able to work on something that you're willing to fight for, to risk being put in a cage by the state for, is something very special that not many people have. I've meet a lot of people in crypto who feel this way, and I think this is one thing that's truly unique and inspiring about our industry.

@nietzbux I’m sure you’ll find an interesting role - good luck!

If you know me, you know I've worked in crypto for a long time, writing, marketing, comms etc. You also know I'm an XRP die hard, with a passion for all of crypto. I'm looking for a new role, preferably in an XRP related project, but open to all referrals. 🙏

@nadertheory Congratulations and I’m feeling sorry for what you had to go through. Maybe time for an apology/ statement for some folks… @coffeebreak_YT you want to start?

Big news! Last Friday the SEC officially dismissed its enforcement action against me and against DeSo. This was the last legal issue I had to deal with and I am now completely and totally free to innovate and build again, unhobbled for the first time in years. Three important points: 1) This dismissal was NOT a settlement. It was "without costs or fees" to me or anyone involved (extremely rare) because there was no wrongdoing and no actual aggrieved parties. 2) This dismissal was "with prejudice" (also rare). This means they can't bring any related action back against me or DeSo in the future. 3) In the SEC's own words, it was based on "a reassessment of the evidentiary record," meaning the actual facts regarding my innocence were heavily scrutinized and drove the decision. Simply put: The government made a mistake in bringing this case in the first place. The government accused me of misleading an investor who I knew I had a great relationship with, as in they backed me two separate times and I literally had breakfast with them at their house not long prior to the charge. As a result, soon after the charge I found out that not only were they not upset with me, but they wanted the government to go away as badly as I did. As I understand it, the government compelled the investor to do an interview and then took their neutral testimony and represented it as adversarial. It was an alleged fraud with no actual misrepresentation nor any actual aggrieved parties. My lawyers said they'd never seen anything like this, and I think it speaks to how dogmatically anti-crypto the prior administration's SEC was. In the coming days and weeks, I will be hopping on some podcasts to tell the whole story, and boy is there a story to tell. Stay tuned, and if you know anyone who'd like to have me on as a guest please reach out. I'm also excited to start sharing more about what my team has been working on soon. We haven't been twiddling our thumbs. For now, though, I just want to explain why DeSo is so important to me. DeSo is still the only platform on the internet where you can post content directly to a blockchain without fear of censorship, and where you can monetize your content directly with crypto (including stablecoins). It's really quite shocking how in 2026 we not only have virtually no viable alternative for this clearly-important category, but also other important efforts are actually shutting down. The world needs more people working on decentralizing social media, not less. I'm excited to finally be able to share our vision directly again, and to start bringing more people who care about freedom and censorship into our community. What we have built with DeSo is something people take for granted until they really need it, but hopefully we can convince them sooner than that. Lastly I want to say how grateful I am to everyone around me. My family, my friends, my backers, and everyone in the DeSo community. For me, this experience showed me just how trusting, loyal and caring everyone around me really is, and reaffirmed my belief that always trying to do the right thing really does pay off. We're just getting started.

@AutismCapital @zerohedge A rare opportunity for legacy media to become more relevant again. If I see any BREAKING news on X, I mostly ignore it these days until I see it being confirmed by Reuters, NYT, USA Today etc.

It’s a really strange time in the world where someone can just say “this is AI generated” then when someone says “no, it’s obviously not,” the other person says “no, they just have advanced models we don’t know about,” and then everyone else says “yeah!” and then people believe whatever they want to believe. This is going to be a real continuing problem moving forward. You thought mis/disinformation was bad before? Now people can just play the AI card and all bets are off.

SEC dismisses civil fraud case against BitClout, DeSo founder Nader Al-Naji with prejudice theblock.co/post/393611/se…

Ripple has kicked off a share buyback that would value the company at $50 billion, cementing it as one of the most valuable digital-asset firms at a moment of uncertainty for the cryptocurrency sector. bloomberg.com/news/articles/…

@jdorman81 @arthur0x You forgot to mention that Ripple allocated ~$3B into corporate takeovers to put those on XRPL rails. XRP has a hard coded supply cap. And it’s the native asset, sitting at the center of a growing and thriving ledger.

Controversial opinion: The biggest reason for the massive disconnect between crypto prices and crypto adoption is that 4 of the top 5 assets (by market cap) are largely uninvestable. $BTC - The quantum fear is not going away (even though it's a fairly easy technical fix, it's a much harder governance fix) - It's not cool to own BTC now that blackrock and JP Morgan dominate it (see rise in $ZEC) - It's not digital gold (in fact, actual tokenized gold exists) - It's not scarce (endless derivs and structured products make the 21mm cap useless unless people start using physical bitcoin, which no one does). - It's not an inflation hedge - It's not a medium of exchange (stablecoins are) $ETH & $SOL - high inflation outweighing any fee capture (this is why market cap goes up while price goes down) - Infinite blockspace relative to usage, with more L1 competition coming - Fat protocol thesis on life support (and other than that thesis, no one has ever made a good argument for why L1s actually capture value) - You need ~1000x more activity / transactions to warrant today's valuations (meaning SOL and ETH are not worthless, it's just VERY hard to justify their current valuations). (For the record, I'm bullish on both Solana and Ethereum's prospects for further growth (relative to other L1s), I just don't think their tokens capture much value from that growth). $XRP - Literally the opposite of good token design. The token does absolutely nothing, and has virtually no linkage to Ripple - Ripple sells ~$3-4 billion of XRP tokens per year to fund equity repurchases (people argue all day about the efficacy of token buybacks, yet no one seems to care that Ripple dumps tokens to buyback their own stock?) This is why crypto is so broken. The entire industry was built on 4 assets that all suck as investments, which is why all of the exchanges and brokers cater only to fast money traders and macro funds/CTAs instead of real fundamental investors (even though fundamental investors make up the majority of the investor world). Of these 4 assets, I'd say i'm most likely wrong about $BTC simply because it is entirely narrative/faith based, and that can change on a dime, plus BTC always goes up eventually. I find it impossible to underwrite Bitcoin as an investment, but I do understand why others like it. Can this change? I hope so. It's very hard for an industry to grow when the top assets go down, but not impossible. It would require massive rotation (which is what we're seeing in equities right now -- a rotation out of Mag 7, private credit, and tech and into healthcare, energy, etc). IMO, there are a LOT of good crypto investments right now that accrue value via the adoption of crypto and blockchain. Aligning your investments with the actual growth areas should work. Almost all of the growth and adoption of crypto and blockchain is happening in 3 financial areas: 1) Stablecoin/payments - harder to invest in pure plays, but there are some private stocks 2) DeFi -- tons of ways to capture this growth via equity-like tokens 3) RWA tokenizaton - while most of this value accrues to middlemen like Securitize and Blackrock, there are some pure plays as well. If this industry pivots away from BTC ETH SOL XRP and memecoins, and into the stocks and equity-like tokens that fuel the growth of DeFi, payments and RWAs, then price will start matching adoption.

@luke_judges Stay safe.

About to fly into the eye of the storm in Middle East to get back to the wife! Leeeeeroy Jenkins

@Vet_X0 The vision from 10+ yrs ago is slowly turning into reality. Couldn’t be more excited!

This is how XRP was used as a bridge asset in the last 24h. 477 auto-bridging events occurred. EUROP / RLUSD - 124 events (most active) RLUSD / BBRL ( Braza Bank Brazilian Real Stablecoin) - 67 events USDC / RLUSD - 46 events Interestingly, RLUSD appears in majority if auto-bridging event. Clearly the most actively traded currency against other currencies where XRP gets used as the bridge. > Total of ~15,000 XRP was used to provide liquidity for better exchange rates. > 92% of all trades are Token/XRP pairs > 8% of all trades are Token/Token pairs out of all Token/Token trades, 0.8% were auto-bridged. For the BBRL events, those amounts were small trades but still enough to trigger auto bridging. The XRPL DEX is so efficient that you can trade tiny amounts without friction. XRP loves tokenization - long tail of assets.

BREAKING: Ripple Labs has climbed into the top tier of global unicorns, with a valuation above $50 billion, according to CB Insights data. Ripple now ranks just behind SHEIN and ahead of companies like Figure, Ramp, Canva, and Perplexity AI.

BREAKING: DeSo to require only a crypto wallet for full access of on-chain social.