Remember that JPMorgan was one of the entities that blocked the Trump family's bank accounts.
🚨 JP MORGAN FEARS #RIPPLE #XRP :
Now it faces Ripple
JPMorgan's CEO, Jamie Dimon, has just harshly criticized cryptocurrency exchange platforms and companies like Coinbase on CNBC, demanding that they comply with strict banking standards (such as FDIC insurance and AML verifications) if they offer rewards in stablecoins.
He literally says:
"You shouldn't be allowed to create a product better than mine."
Why? He is afraid.
Ripple and #XRPL offer payments, banking services, yield, custody, and all other financial services that are so superior in speed, cost, and global reach that traditional banks are quickly becoming obsolete.
That's why Ripple's CEO, Brad Garlinghouse, is fully focused on pushing the #LeydeClaridad for Stablecoin Payments. Clear regulations would level the playing field, allowing Ripple to directly compete with banks through asset tokenization and enabling instant and economical global transfers, turning Ripple into a "bank killer" without bureaucracy.
Eric Trump has publicly criticized Jamie Dimon, who debanked the Trump family for political reasons. Brad Garlinghouse's meeting with the president at the White House was much deeper.
The timeline is converging:
- Ripple expands Ripple Payments for smooth global flows.
- Collaboration with DTCC for the settlement of tokenized securities (hello, efficiency!).
- Obtaining an OCC charter to operate as a national bank.
- Ripple Prime, GTreasury, Ripple Custody, all aligned.
- Next step? Access to the Federal Reserve Master Account for direct integration with the central bank.
If you don't connect the dots, you're not understanding!
Who's ready?
It's still a huge opportunity!🤑
