ripple:native has 2 hours to close its daily candle.
If it closes here or above it looks good in the short term.
Going to hurt to watch it go up after it stopped me out here yesterday.
However, I am willing to take this sacrifice on behalf of my brothers if this marks the bottom
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I have just opened an ripple:native long with a tight stop loss.
A few reasons for this I'll discuss them in my YouTube.
Essentially looking for something like this, but honestly wouldn't surprise me to see a move back to $1.80 ish soon. https://t.co/O8O1WVhXl1
If you or anyone has ever tried to build custody systems like what XRP has; built compliant tools with high security, built custody with auditing and regulation, you would know how very complicated, time consuming and high risk it is.
Ripple custody, allows companies wishing to build digital asset infrastructure to outsource it all, we’re talking millions of dollars in costs to keep these systems maintained.
It’s like a company like Walmart building its own cell towers to provide phones for staff. You don’t, and that’s the same reason why Walmart will never use the XRPL or ETH network directly.
Furthermore, certifications like Iso20022/27001, SOCII, CFT, AML, etc. are not grants to foundations or networks; they are granted to companies that have enterprise‑grade capability.
That’s why Ripple, XRP, and XRPL are so special and well‑placed.
What does it mean for XRP and RLUSD? 🙂
OUSD is yet another USD-based stablecoin that will be issued across many blockchains.
Since Ripple is involved, you'll likely see them push for an issuance of said token on XRPL as well.
The issuance of tokens is easy but how to make use of them?
1️⃣) XRP Ledger DEX
-> new order book pairs
-> new AMM pool pairs
2️⃣) Lending (upcoming)
-> borrowing against it
-> lending for yield
3️⃣) Payments
-> shopping
How is XRP involved? 🧐
- Every transaction on the XRP blockchain burns fees in XRP.
- Every account (🥸 or 🤖 or 👽) holding OUSD on their account needs to lock up XRP for the incremental reserve.
- New AMM pools and order book pairs will emerge:
-> XRP/OUSD
-> RLUSD/OUSD
To improve conversion rates, XRP will be used via auto-bridging to close the liquidity gap between OUSD and the long tail of assets that already exist.
Summary 👇
- New USD token
- More liquidity fragmentation
- Competitor to RLUSD
- Wingman for XRP
- More DeFi usage on XRPL
-> More demand for
Price Prediction
When is a good time to buy XRP? Should I buy or sell XRP now?
Beacon Prediction
Probabilistic Price Forecast (Next 24 Hours)This prediction is an experimental technical product and is provided for reference purposes only. It does not constitute investment advice. Unexpected real-world events may significantly impact market behavior. Traders should make decisions with caution.
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