Related News

Tucker Carlson draws scorn for new details over demonic attack: ‘I’m not embarrassed’

Tucker Carlson draws scorn for new details over demonic attack: ‘I’m not embarrassed’

November 11, 2025
Arizona Introduces Bill To Exempt Bitcoin and Crypto From Property Taxes 

Arizona Introduces Bill To Exempt Bitcoin and Crypto From Property Taxes 

December 23, 2025
Bitcoin Price Prediction 2026, 2027 – 2030: How High Will BTC Price Go?

Bitcoin Price Prediction 2026, 2027 – 2030: How High Will BTC Price Go?

January 3, 2026

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

Related News

Tucker Carlson draws scorn for new details over demonic attack: ‘I’m not embarrassed’

Tucker Carlson draws scorn for new details over demonic attack: ‘I’m not embarrassed’

November 11, 2025
Arizona Introduces Bill To Exempt Bitcoin and Crypto From Property Taxes 

Arizona Introduces Bill To Exempt Bitcoin and Crypto From Property Taxes 

December 23, 2025
Bitcoin Price Prediction 2026, 2027 – 2030: How High Will BTC Price Go?

Bitcoin Price Prediction 2026, 2027 – 2030: How High Will BTC Price Go?

January 3, 2026

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
CONTRIBUTE
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
WEMAPLE NEWS - Brand Partnerships
No Result
View All Result
Home Crypto

What Does XRP Really Do? Expert Explains What It Is Built For

WeMaple AI by WeMaple AI
December 28, 2025
in Crypto
0
What Does XRP Really Do? Expert Explains What It Is Built For
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Crypto analyst and XRP advocate Levi Rietveld recently shared a short post on X stating that “$XRP is built for this,” alongside a video clip of US Treasury Secretary Scott Bessent speaking about reviewing regulatory barriers around blockchain, stablecoins, and new payment systems like the crypto industry.

You might also like

Solana Price Climbs 10% as Whales Say SOL a ‘Massive Opportunity’

Tether Freezes USDT in 131 ISIS-K-Linked TRON Wallets

Crypto India Today – RBI To Discuss Virtual Digital Assets

Bessent’s comments focused on reforming financial infrastructure so capital markets can function more efficiently for mainstream users. In turn, Rietveld viewed those comments as closely matching the original purpose XRP was created to serve.

What XRP Was Designed To Do

In the video clip that Levi Rietveld shared on X alongside his statement of XRP being built for this, Scott Bessent outlined a policy direction that places emphasis on evaluating regulatory impediments to blockchain technology, stablecoins, and new payment systems. 

Bessent stated that officials will take a close look at regulatory impediments to blockchain, stablecoins, and new payment systems and consider reforms to unleash the power of American capital markets. Notably, this plan corresponds to a more crypto-positive approach adopted by the current US administration under President Donald Trump. 

$XRP Is Built For This! pic.twitter.com/WNDUoeFPC4

— Levi | Crypto Crusaders (@LeviRietveld) December 22, 2025

These are a part of efforts by the US government to modernize crypto regulation and define clearer frameworks for digital assets, including proposed acts aimed at bringing clarity to markets and stablecoins. One example of this is the Clarity Act, a legislative proposal that aims to clearly define the regulatory treatment of digital assets, separate payment-focused tokens from securities, and assign clearer oversight roles to agencies such as the SEC and CFTC. 

Bessent’s comments focused on improving payment systems and removing friction around new financial technology. XRP proponents like Levi Rietveld would quickly point out that the theme aligns closely with how the cryptocurrency and the XRP Ledger were engineered. 

The XRP Ledger works with transparent settlement, predictable transaction costs, and finality that does not depend on mining or complex smart contract execution. These characteristics are important for institutions that need clarity and reliability. 

In practice, XRP’s real-world role is most visible through payment solutions developed by Ripple. Banks and other financial institutions do not need to hold large balances of foreign currencies, since XRP can be used as an intermediate asset during settlement. 

XRP’s Current Regulatory And Institutional Position

Progress on regulatory clarity has been helping real institutional infrastructure around XRP. Multiple Spot XRP ETFs have gained approval and launched in 2025 and early numbers are positive, with over $1.14 billion worth of inflows. Bloomberg estimates suggest these funds could draw $5 billion to $7 billion in institutional capital by 2026. 

This creates new avenues for asset managers, pension funds, and other institutional allocators to hold XRP within traditional investment vehicles. All these cannot be possible without the clear framework for blockchain, stable coins, and new payment systems proposed by Bessent.

Featured image from Unsplash, chart from TradingView

Read Entire Article
Tags: Cryptonewsbtc
Share30Tweet19
WeMaple AI

WeMaple AI

Recommended For You

Solana Price Climbs 10% as Whales Say SOL a ‘Massive Opportunity’

by WeMaple AI
July 2, 2026
0
Solana Price Climbs 10% as Whales Say SOL a ‘Massive Opportunity’

The post Solana Price Climbs 10% as Whales Say SOL a ‘Massive Opportunity’ appeared first on Coinpedia Fintech News Solana is beginning to regain momentum after weeks of...

Read more

Tether Freezes USDT in 131 ISIS-K-Linked TRON Wallets

by WeMaple AI
July 2, 2026
0
Tether Freezes USDT in 131 ISIS-K-Linked TRON Wallets

The post Tether Freezes USDT in 131 ISIS-K-Linked TRON Wallets appeared first on Coinpedia Fintech News Tether has frozen USDT held in all 131 TRON wallets linked to...

Read more

Crypto India Today – RBI To Discuss Virtual Digital Assets

by WeMaple AI
July 2, 2026
0
Crypto India Today – RBI To Discuss Virtual Digital Assets

The post Crypto India Today – RBI To Discuss Virtual Digital Assets appeared first on Coinpedia Fintech News India’s Parliamentary Standing Committee on Finance has begun a meeting...

Read more

Why Is the Crypto Market Going Up Today?

by WeMaple AI
July 2, 2026
0
Why Is the Crypto Market Going Up Today?

The post Why Is the Crypto Market Going Up Today appeared first on Coinpedia Fintech News The crypto market bounced today after Bitcoin reclaimed the $60,000 level, lifting...

Read more

Lummis Fires Back at Warren Over CLARITY Act as July Vote Nears

by WeMaple AI
July 2, 2026
0
Lummis Fires Back at Warren Over CLARITY Act as July Vote Nears

The post Lummis Fires Back at Warren Over CLARITY Act as July Vote Nears appeared first on Coinpedia Fintech News The battle over the CLARITY Act is intensifying...

Read more
Next Post
Bitcoin Sees Unusual Short-Term Supply Spike, Raising Bearish Flags

Bitcoin Sees Unusual Short-Term Supply Spike, Raising Bearish Flags

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Tucker Carlson draws scorn for new details over demonic attack: ‘I’m not embarrassed’

Tucker Carlson draws scorn for new details over demonic attack: ‘I’m not embarrassed’

November 11, 2025
Arizona Introduces Bill To Exempt Bitcoin and Crypto From Property Taxes 

Arizona Introduces Bill To Exempt Bitcoin and Crypto From Property Taxes 

December 23, 2025
Bitcoin Price Prediction 2026, 2027 – 2030: How High Will BTC Price Go?

Bitcoin Price Prediction 2026, 2027 – 2030: How High Will BTC Price Go?

January 3, 2026

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS – Brand Partnerships

Wemaple will be firmly committed to the public interest and democratic values.

CATEGORIES

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

BROWSE BY TAG

AZO Clean Tech Bitcoinist Bitcoinmagazine Canada News CBC.ca Celebrity News Christian Post CoinPedia Corporate Knights Crypto Cryptoslate Faith Geothermal Golf Hockey Lifehacker Ludwig-van.com NcrOnline newsbtc Skateboarding tomsguide.com Utah news dispatch

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.

No Result
View All Result
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.