Related News

Nexus card applications no longer accepting ‘X’ gender marker

Nexus card applications no longer accepting ‘X’ gender marker

August 6, 2025
Monero Price Prediction 2025, 2026 – 2030: Will XMR Price Cross $300?

Monero Price Prediction 2025, 2026 – 2030: Will XMR Price Cross $300?

October 31, 2025
Babylon Bee sues New Mexico over law requiring warning labels on AI satire

Babylon Bee sues New Mexico over law requiring warning labels on AI satire

August 17, 2026

Browse by Category

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

Related News

Nexus card applications no longer accepting ‘X’ gender marker

Nexus card applications no longer accepting ‘X’ gender marker

August 6, 2025
Monero Price Prediction 2025, 2026 – 2030: Will XMR Price Cross $300?

Monero Price Prediction 2025, 2026 – 2030: Will XMR Price Cross $300?

October 31, 2025
Babylon Bee sues New Mexico over law requiring warning labels on AI satire

Babylon Bee sues New Mexico over law requiring warning labels on AI satire

August 17, 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

Bitcoin could reach $1.6 million by 2036, but 82% of the forecast rests on one bet

TRX Options Launch on Blockchain.com, Expanding Global Access to the TRON Ecosystem

XRP Rich List Reveals Top 10% Holder Threshold Falls to 2,065 XRP

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

Bitcoin could reach $1.6 million by 2036, but 82% of the forecast rests on one bet

by WeMaple AI
October 29, 2026
0

About 82% of its modeled valuation comes from gold-and-Bitcoin demand, exposing a sharp divide with JPMorgan’s return assumptions Read the full story on CryptoSlateUnderstand the crypto stories

Read more

TRX Options Launch on Blockchain.com, Expanding Global Access to the TRON Ecosystem

by WeMaple AI
October 29, 2026
0
TRX Options Launch on Blockchain.com, Expanding Global Access to the TRON Ecosystem

TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), welcomes the launch of TRX

Read more

XRP Rich List Reveals Top 10% Holder Threshold Falls to 2,065 XRP

by WeMaple AI
October 29, 2026
0
XRP Rich List Reveals Top 10% Holder Threshold Falls to 2,065 XRP

The post XRP Rich List Reveals Top 10% Holder Threshold Falls to 2,065 XRP appeared first on Coinpedia Fintech News The amount of XRP needed to rank among...

Read more

ANKR Price Prediction 2026, 2027 – 2030: Will ANKR Price Go Up Soon?

by WeMaple AI
October 29, 2026
0
ANKR Price Prediction 2026, 2027 – 2030: Will ANKR Price Go Up Soon?

The post ANKR Price Prediction 2026, 2027 – 2030: Will ANKR Price Go Up Soon appeared first on Coinpedia Fintech News Story Highlights The live price of ANKR...

Read more

Can Chainlink Price Rebound as Binance Outflows Continue for 18 Days?

by WeMaple AI
October 29, 2026
0
Can Chainlink Price Rebound as Binance Outflows Continue for 18 Days?

The post Can Chainlink Price Rebound as Binance Outflows Continue for 18 Days appeared first on Coinpedia Fintech News Chainlink price is approaching a critical support zone as...

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

Nexus card applications no longer accepting ‘X’ gender marker

Nexus card applications no longer accepting ‘X’ gender marker

August 6, 2025
Monero Price Prediction 2025, 2026 – 2030: Will XMR Price Cross $300?

Monero Price Prediction 2025, 2026 – 2030: Will XMR Price Cross $300?

October 31, 2025
Babylon Bee sues New Mexico over law requiring warning labels on AI satire

Babylon Bee sues New Mexico over law requiring warning labels on AI satire

August 17, 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.