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I am not a licensed financial advisor. All videos on this channel are intended for entertainment purposes only. You should not buy, sell, or invest in any asset based on what I say in these videos. You should know that investing carries extreme risks. You could lose your entire investment. This is not trading advice and I am in no way liable for any losses incurred.
Ignition sequence start 6 5 4 3 2 1 zero Liftoff we have a Liftoff hey everybody this is the Digital asset investor and before we get Going when you see what I'm going to Talk about today you're going to want to Know that both Circle and ripple private Equity is on link to's platform link to Who is my sponsor so go to Lq.com to um to check that out after you See this video you may be uh beating Down their doors you may also uh if You're able to get them you may also be Going to xrpl vegas.com to get your Tickets because they've already sold out Of VIP tickets general admission is all That is left and I have a feeling that The Stampede to get the last general Admission tickets is going to start Today and I'm about to show you Why right here Ripple plans to release a Stable coin Peg to the US dollar uh this Came out this hit this morning and I'm Going to go this is from that coindesk Article I love it when people you know I Was a guy that read the cliff note notes When I was a kid I hated sitting down Reading a book I hate it to this day I Read all the time online but sitting Down to read a book I'll take the audio Book every single time so when somebody This guy literally highlighted in yellow And gives me the cliffs notes plans to Release later this year 100% backed by
US dollar deposit short-term US Government treasuries and other Equivalents xrp Ledger along with the Ethereum blockchain to start and it will Be based on ethereum ERC 20 token stand Schwarz said the new stable coin could Also help breathe some life into The xrp Ledger decentralized Finance ecosystem Which has a decentralized exchange but Relatively low usage relative to other Chains we're going to have public audits On a monthly Bas basis hopefully by a Top tier accounting firm and we'll Disclose more on that later said Schwarz Now folks when I see this about the Monthly public audits you know what I'm Thinking you know how all all we hear The the the complaints about the Naysayers oh ripples they're just Selling their xrp they're dumping on Everybody well this stable coin can Literally be brought into existence with The push of a button am I wrong so why Would you need to sell any xrp in that Scenario you wouldn't Enterprise Customers and banking inst the Ripple CTO said his token will be aimed P Primarily at Enterprise customers and Banking institutions organiz Ations folks this gets more and more Interesting uh this is one of the ti the Title of the CNBC on it Rial launch US Dollar stablecoin taking on a $150 Billion market dominated by tether
Circle my question is does tether get Taken out at some point in this process Because it's not regulated it's Offshore was tether a prototype there's A question for you until the real big Bo Were ready here's Ripple's tweet on it Stable coin markets booming around 150 Bill billion dollar today Pro projected To SAR past 2.8 trillion by 2028 there's A clear deand imagine two imagine $2.8 Trillion slashing around in these stable Coins there's a clear demand for trust Stability and utility that's why later This year we're launching a stable coin Pegged 1 to1 USD on The xrp Ledger and Ethereum this by the way I forgot to Tell you my wife is sitting in the room That is very rare that she sits in the Room while I do this show would you like To say Hello hey there is that all you're going To say or do you uh have any you realize That do you tell the audience what you Think about the fact that your husband Is going to be in the trailer the new Trailer for The xrp unleash documentary Tomor um well it's hard for me to Believe but very happy and proud PR of You all right what if you don't like It I won't say okay all right back to The stable Coin News Um okay where was I move extends in move The move extends Ripple's reach into Both institutional defi Realms Ripple
Stable coin 100% backed by US dollar Deposits government bonds cash Equivalents Ripple PL es uh transparency With monthly thirdparty attestations Ensuring trust and liability stable Coins serve as a pivotal entry point for Defi introducing trusted Enterprise Grade stable coin to The xrp Ledger will Generate more use cases liquidity if you Want to if you want one word for the day Liquidity and opportunities for Developers and users alike we know the Future of crypto is multi-chain um da Okay then we had Brad garlinghouse jump In launching a stable coin is a natural Step for ripple as we bridge the gap Between traditional finance and crypto We have one the years of experience to Regulatory Footprint oh yeah regulatory Footprint does that mean that case is Over I don't know strong balance sheet And network for near Global payout Coverage to offer the best of crypto Enabl to payments using xrp and our Future stable coin together then David Schwarz way in highquality USD stable Coin on xrpl with its decentralized Exchange and features like issued Currencies Auto bridging that uses xrp As the native currency to facilitate Trades between other assets and the amm Will be a game changer for users and for Devs and then um remember earlier in the
Year when uh Brad garlinghouse did this Tweet lfg 2022 is going to be big looks Like he was right Then the market started to uh take off I Haven't looked at it in a while but the Market reacted in a positive way of this As it should and I said the market seems To be uh seems to like the Ripple stable Coin new news I wonder why we've sat Here and we've watched Tether pump Bitcoin for years now folks They print tether and then all of a Sudden Bitcoin goes crazy we've watched It for years and as Shifty and shady as That whole tether thing has appeared to Me all these years I've always felt like In the back of my mind it had to be some Kind of government run prototype where They had to test this thing out in the Wild for a few years what better place To do it than Offshore Luke Thomas makes a good point Did Ripple settle the lawsuit against The SEC because I don't see this stable Coin happening without closure on the Institutional xrp Sales he makes an interesting Point Brad garlinghouse in this old Video makes an interesting point Too from the get-go Ripple has worked With regulators and we have worked with Regulated institutions like Banks where There isn't regulatory uncertainty and So we have found that part of the reason
Why xrp has performed well is because People realize hey wait a minute you Know back to your question is is xrp the Next Bitcoin ask your question is is xrp The next Bitcoin if we work with the System to solve this problem and we can Solve that problem at scale a problem Measured in the trillions of dollars Then there's a lot of opportunity to Create value in Xrp um opportunity in the trillions of Dollars didn't they say in that Ripple Tweet um I'm looking back here yeah Right here projected to sore past $2.8 Trillion stable coin market so imagine Ripple got just imagine they got 500 Billion in their stable coin from that Trillion you think that with an auto Bridge to xrp you think that would be Significant I think so and then I had I Put out this question mark because I had Several question marks here one is the Is it going to be called X USD that was just one of the questions I Had then had some other questions Including This what which Exchange will it be on First I uphold the first the first Company or first anybody that tweeted This was uphold so you have to I have to Believe that uphold had some they Tweeted this even before Ripple so I Have to believe they had some knowledge Of this announcement you had uphold
Announce it so I I'll will bet I'm Betting dimes to Donuts that if it's Called xus SDC or X USD it'll be on Uphold now folks I want you to think About something because this is Something since I got in this it never Made any sense to me the first thing That happened was the only pairs were With Bitcoin and I was like why why is Everything up there in in Bitcoin when I First started you had to go to coinbase Buy Bitcoin then transfer the Bitcoin to Another exchange just to be able to buy Xrb because all the pairs were in Bitcoin and then after that we had all The pairs in usdt tether Bitcoin and all And that was the primary thing and it And usdc came in there a little bit I've Always wondered is what is the plan has The plan always been to take out usdt You the take out tether at some point And then the dominant pairs become Something like X USD xrp or usdc Xrp or xlm u xlm x USD now look look at the other thing Here so uphold tweets it out then Bitstamp tweets it out bitstamp's got a Longstanding relationship or or La they Were one of the in fact in the 2018 Runup that's where I had my xrp because I remember looking at the bitstamp app These two have been around for a long Time but I'm going to show you who's not Tweeting about this which exchanges are
Not tweeting about this because that's Telling too I checked two of them and I'll I'm I'm going to go into Dp.com where by the way I've got at the Very top of the page in in in my private Group I have a uh discount to xrp Las Vegas also I have um we're going to be Picking the one person and their plus One from YouTube the contest we ran for Xrp Las Vegas I'm going to get with Brad Coms and we're going to pick who we're Buying d Maybe today or tomorrow um and we're Going to go from there we're I'm going To go into to dp.com now and and we're Going to talk more about what I think About this stable coin I'm going to show You a few other things and I'm but the First thing I want to show you is who is Not talking about this who's not excited About the Ripple stable coin I'm the Digital asset investor I'm not an Investment advisor this is for Entertainment purposes only Please Subscribe hit the like button until your Friends and Family come on in and find out who's not Excited about the Ripple X USD or whatever it's going to Be called here we Go
