Asheesh Birla

speaker
462 appearances 1 recordings 1 series first heard Jul 2026 last heard 2 Jul

Asheesh Birla’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

Appearances

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And one reason for that is global liquidity today
you know, outside of blockchain, if you look at equities, if you look at gold, if you look at FX, which is foreign exchange, it's all based predominantly as US dollar as the base pair.
So like if you want to have a good liquidity venue on XRP or on any other chain, you need a robust stable coin to trade against.
Uh so that's paramount.
That's how the traditional markets work and that's how crypto markets work.
And the data suggests that hey, since RL USD has been scaling, you've seen growth in liquidity on uh XRP as well.
And you know, even you know uh twelve percent now of all trades are going through RL USD.
That's it was one percent several months ago.
So you're seeing that happen in in real time on chain.
So
So you bring a solid stable coin on chain and it creates more liquidity.
And why is liquidity important?
Because like if you don't have liquidity around these tokens, you're sort of like left waiting for you know your Uber forever, right?
Right.
You want to create a good experience and creating more liquidity around your token is is super important for a good experience on blockchains.
Yeah.
Yeah, so I think like uh you know USDT is cre is great and USDC is great, but I think the use cases that XRP is focused on are institutional use cases.
Uh and institutions want a well regulated, uh robust uh you know
a stablecoin backed by you know a big company.
Uh so robust, you know, it's been around for a long time.
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