In a week where crypto investment products were drowning in billion-dollar flows, XRP decided to play it cool and register exactly $10.6 million in inflows for the second week in a row. Sure, it’s a drop in the bucket compared to Bitcoin‘s $790 million or Ethereum‘s $226 million, but hey, at least it’s consistent! 🕵️♂️
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CoinShares reported that digital asset products pulled in a whopping $1.04 billion in new capital last week, pushing the market to its 12th straight week of inflows and a new record of $188 billion in total assets under management. But amidst all the big numbers, XRP’s weekly flow figure was like a fixed landmark on a constantly changing chart. 📊
The timing of this anomaly is no coincidence. According to the latest Wall Street reports, Ripple is making a bold move by applying for a national banking license from the U.S. Office of the Comptroller of the Currency to oversee its upcoming stablecoin, RLUSD. It’s like they’re saying, “Why just play the game when you can rewrite the rulebook?” 📜
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Its affiliate, Standard Custody & Trust, is also seeking access to a Federal Reserve master account, which would allow RLUSD to be issued and redeemed 24/7. Talk about being always on! 🚀
It looks like Ripple is not just following the current rules but rather trying to completely change the game. XRP’s play is different, and the repeated inflow of $10.6 million could be less a coincidence and more a strategic build-up by investors betting on Ripple’s shift from being a payments company to a full-fledged financial infrastructure. 🤔
And let’s not forget, XRP’s ETF odds recently shot up to 95%, so that’s another “coin” for the pro-XRP piggy bank. 🐷💰
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2025-07-07 16:42