RIPPLE XRP MASSIVE BREAKING! XRPL 2.0 IS HERE!!

Introduction

The speaker discusses XRP's Community Day, which featured big announcements, including a potential $20 trillion digital asset market opportunity and a significant partnership.

Bank of Canada's Decision

The Bank of Canada cut interest rates by 25 basis points to 3% and announced an end to quantitative tightening, starting quantitative easing in March. This move gives the market more liquidity, making people more likely to take risks with their investments.

FOMC Meeting

The speaker speculates that the US Federal Reserve might follow the Bank of Canada's lead, potentially ending quantitative tightening and starting quantitative easing. This could change market sentiment, leading to higher liquidity and lower interest rates.

XRP and Ripple

XRP's Community Day included announcements about:

• The XRP Ledger's potential upgrade, possibly to XRPL 2.0
• Programmability, allowing developers to build on the XRP ledger
• Regulatory clarity, with Ripple acquiring licenses globally
• Institutional adoption, with companies like JPMorgan and Ondo Finance partnering with Ripple
• Developer adoption, with the EasyA app making it easier for developers to build on the XRP ledger

Ondo Finance Partnership

Ondo Finance announced a partnership with Ripple to bring tokenized US Treasuries to the XRP ledger, allowing institutional investors to access low-risk investments 24/7.

$20 Trillion Digital Asset Opportunity

Ripple published a report highlighting the potential for institutional adoption of digital assets, with up to 10% of all assets expected to be tokenized by 2030. This presents a significant opportunity for Ripple and the digital asset industry.