Jake Claver
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Podcast Appearances
If you look at Swift, they settle $5 trillion a day.
What?
It's a lot, right?
I can't even comprehend.
Back into the stock market, something similar, you know, uh, total global stock markets around $450 trillion.
So daily settlement volume on that is somewhere between five and seven.
Wow.
Um, so that's trading volume, right?
That's trading volume.
And that's, that's what I think will sustain a high price for XRP, but they have to push it to a high enough price where they can start utilizing it inside that infrastructure.
Um,
Well, and they kind of have.
So they've trawled it with MoneyGram.
They've trawled it with Bank of America.
But you asked for like actual use case.
It hasn't been, you know, fully implemented yet.
They've just trawled it in a bunch of transactions.
I think it'll end up collateralized.
So you already started seeing it being wrapped on Solana.
You've got Wrapped XRP.