Scott Bessent: Every Single Bank Is Coming | XRP Holders Better Watch

Market Trends & Growth - Tokenized Real World Asset (RWA) value increased by 105% [1] - Stablecoin value increased by almost 5% reaching approximately $294 billion [1] - RWA value on public networks increased by over 12% in the last 30 days [1] - RWA 30-day transfer volume increased by almost 38% to approximately $1096 billion [2] - Stablecoin 30-day transfer volume increased by nearly 14% to $359 trillion [2] - Monthly stablecoin transfer volume is almost over $37 trillion [4] - ROUSD adoption is rapidly increasing, with over $839 million tied to it, up over 15% in the last 30 days, and monthly transfer volume up almost 64% at almost $6 billion [8] Stablecoin Adoption & Usage - Stablecoins are experiencing significant growth, especially on public networks [7] - USDC is up over 24% in the last 30 days [8] - Transfer volume is a crucial indicator of stablecoin market activity [6] Institutional Involvement & Tokenization - Major banks are announcing significant stablecoin initiatives, embracing both stablecoins and public networks [9] - Every major bank is expected to tokenize their reserves, with JP Morgan already making moves with JPMD [10][11] - Tokenization is expanding to various assets, including stocks, institutional funds, commodities, and bonds [13] - US Treasury Secretary encourages community banks to embrace blockchain and stablecoins to compete with larger institutions [15][16] - Major US banks are increasingly involved in crypto and digital assets due to favorable regulations [22] - Big banks are exploring launching a stablecoin linked to G7 currencies [23] Ripple's Role & Influence - Ripple has a significant presence and influence in the stablecoin and blockchain space [29] - Some major banks exploring stablecoins are already confirmed partners of Ripple [24] - Ripple is involved in discussions and initiatives related to digital assets in both the US and the UK [25][26][27]