The EU-US tariff deal&#8217;s digital trade provisions could significantly reduce 
regulatory risks, benefiting cross-border crypto and fintech sectors.
The post European Union strikes provisional deal to cut US tariffs ahead of 
Trump&#8217;s deadline appeared first on Crypto Briefing.

The EU-US tariff deal&#8217;s digital trade provisions could significantly reduce regulatory risks, benefiting cross-border crypto and fintech sectors. The post European Union strikes provisional deal to cut US tariffs ahead of Trump&#8217;s deadline appeared first on Crypto Briefing.

European Union strikes provisional deal to cut US tariffs ahead of Trump’s deadline

SpaceX&#8217;s valuation surge and Nasdaq&#8217;s oracle role may boost market confidence, 
potentially reshaping IPO dynamics and financial strategies.
The post SpaceX hits $2.5T valuation on Hyperliquid amid IPO anticipation 
appeared first on Crypto Briefing.

SpaceX&#8217;s valuation surge and Nasdaq&#8217;s oracle role may boost market confidence, potentially reshaping IPO dynamics and financial strategies. The post SpaceX hits $2.5T valuation on Hyperliquid amid IPO anticipation appeared first on Crypto Briefing.

SpaceX hits $2.5T valuation on Hyperliquid amid IPO anticipation

Coinbase and Flipcash launched USDF, a USDC backed stablecoin on Solana built 
through Coinbases Custom Stablecoin platform.
The post Coinbase powers Flipcash’s USDF stablecoin through Custom Stablecoin 
platform appeared first on Crypto Briefing.

Coinbase and Flipcash launched USDF, a USDC backed stablecoin on Solana built through Coinbases Custom Stablecoin platform. The post Coinbase powers Flipcash’s USDF stablecoin through Custom Stablecoin platform appeared first on Crypto Briefing.

Coinbase powers Flipcash’s USDF stablecoin through Custom Stablecoin platform

The idea of XRP trading at $589 may sound unrealistic at first, but the 
rationale behind it is not based on a normal crypto rally. Instead, it is 
based on a scenario where the XRP Ledger becomes part of high-value delivery- 
versus-payment settlement at the DTCC/CLS layer, with the altcoin acting as 
the liquidity asset behind large institutional transactions. Meanwhile, under 
that model, $589 is the level XRP would need to reach to support about $73 
trillion in annual settlement flow with limited slippage. The Transactions 
That Cannot Be Made Smaller To understand the $589 figure, one must first 
understand the category of transaction it is designed to accommodate. Also, 
the $589 XRP calculation starts with the assumption that the XRP Ledger 
achieves delivery-versus-payment adoption at a layer comparable to the 
Depository Trust &amp; Clearing Corporation (DTCC) and Continuous Linked 
Settlement (CLS). Related Reading: Analyst Says XRP Path To $100 Is Not 
Straightforward, These Things Will Happen First Under this scenario, the token 
would be used for large obligations that cannot be easily netted, broken into 
smaller parts, or settled through multiple layers. These transactions can 
range from about $500 million to $10 billion per ticket. There are many 
corridors that fall under these transactions, and this model breaks it into 
six corridors. DTCC net settlement is assigned about $15 trillion at 20% 
capture; SWIFT cross-border settlement is assigned about $21 trillion at 14% 
capture and FX derivatives net settlement is assigned about $12 trillion at 
12% capture. Furthermore, repo and FICC atomic settlement is assigned about $5 
trillion at 10% capture, nostro displacement is assigned about $9 trillion at 
33% capture, and stablecoin settlement is assigned about $11 trillion at 33% 
capture. This comes to a total of $73 trillion in annual volume passing 
through the XRP Ledger. The Square Root Market Impact Model Produces $589 XRP 
In order for XRP to serve as the bridge asset absorbing these flows, it must 
be deep enough that something like a $2 billion ticket can settle without 
moving its price beyond the 5 basis points of slippage that institutional FX 
desks treat as standard. Related Reading: ‘XRP Was Never Designed To Be 
Cheap,’ So What Is Its Real Value? The $589 figure comes from an inverted 
version of the square root market impact law. The model uses a $2 billion 
ticket size, $73 trillion in annual volume, 0.5% volatility, 5 basis points of 
slippage tolerance, 1.36% turnover, and a 25 billion XRP liquid float. 
Furthermore, the liquid float assumption excludes escrowed XRP, ETF-held XRP, 
treasury-held XRP, and inactive wallets. Under that setup, the required market 
cap comes out near $14.7 trillion. Dividing that required market cap by 25 
billion liquid XRP gives a required price of about $589. Hence, the 
calculation is very different from a simple market cap comparison using the 
full circulating supply. The current circulating supply of XRP is about 61.82 
billion XRP, which is much larger than the assumed 25 billion liquid float in 
the model. This means the $589 outcome depends on only a smaller portion of 
XRP being truly available for active settlement liquidity. At the time of 
writing, XRP is trading at $1.37. Featured image from Getty Images, chart from 
Tradingview.com

The idea of XRP trading at $589 may sound unrealistic at first, but the rationale behind it is not based on a normal crypto rally. Instead, it is based on a scenario where the XRP Ledger becomes part of high-value delivery- versus-payment settlement at the DTCC/CLS layer, with the altcoin acting as the liquidity asset &#8230;

Why The XRP Price Can Touch $589 As It Takes On $73 Trillion Industry

Plume has obtained a digital asset business license from the Bermuda Monetary 
Authority, making it the first regulated on-chain vault manager and giving the 
real-world asset protocol a formal place inside one of crypto’s best-known 
regulatory regimes. Plume announced the…

Plume has obtained a digital asset business license from the Bermuda Monetary Authority, making it the first regulated on-chain vault manager and giving the real-world asset protocol a formal place inside one of crypto’s best-known regulatory regimes. Plume announced the…

Plume secures Bermuda license for regulated on-chain vault management

HIVE&#8217;s AI gigafactory could reshape Canada&#8217;s tech landscape, offering data 
sovereignty and challenging global AI infrastructure leaders.
The post HIVE Digital Technologies plans $3.5B AI gigafactory in Toronto 
appeared first on Crypto Briefing.

HIVE&#8217;s AI gigafactory could reshape Canada&#8217;s tech landscape, offering data sovereignty and challenging global AI infrastructure leaders. The post HIVE Digital Technologies plans $3.5B AI gigafactory in Toronto appeared first on Crypto Briefing.

European Union strikes provisional deal to cut US tariffs ahead of Trump’s deadline

Comments