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🚀 20 Things You Missed from Day 1 of Ripple Swell 2025

Ripple Swell 2025 Recap — Key Announcements on XRP ETF, RLUSD Stablecoin, Institutional Adoption, and the Future of the XRP Ledger.

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Sensei
Nov 05, 2025
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XRP, RLUSD & ETFs — The Day Wall Street Went On-Chain

Ripple Swell 2025 brought more than 700 global finance leaders to Hudson Yards, New York — a convergence of banks, asset managers, and blockchain builders now treating XRP and Ripple’s RLUSD stablecoin as core financial infrastructure.
Here’s your full recap of what mattered most 👇


1️⃣ “It’s Actually Happening” — Monica Long Opens Swell

Ripple President Monica Long declared that the Internet of Value is now real.
Regulatory clarity from Singapore to the U.S. has unlocked global adoption, with stablecoin volumes nearing $3 trillion, up 90% year-on-year. Ripple’s stack — RLUSD, Rail, Palisade, and G-Treasury — is cutting settlement from days to minutes.

“Markets exceed $1 quadrillion in notional value but remain inefficient. Ripple Prime fixes that with tokenised collateral and 24/7 liquidity.” — Monica Long


2️⃣ Ripple + G-Treasury = $13 Trillion on-Chain

Now a Ripple subsidiary, G-Treasury processes $13 trillion annually and manages $250 billion in monitored accounts.
CEO Renaat Ver Eecke said, “We’re activating capital, not just managing it.”
Ripple’s tech and RLUSD integration will give corporates real-time visibility and unlock trapped liquidity globally.


3️⃣ Palisade Acquisition Extends Ripple’s Reach

Ripple acquired Palisade, a custody and wallet-infrastructure firm using multi-sig and MPC security.
Co-founder Manthan Det said Ripple’s global footprint will “help us scale faster and serve regulated institutions worldwide.”
Palisade now underpins Ripple’s institutional wallet layer.


4️⃣ RLUSD Stablecoin Surpasses $1 Billion

Ripple’s DFS-regulated RLUSD has crossed $1 billion in circulation, powering most payment flows across RippleNet.
Slettehaugh called it “the gold standard for compliance,” positioning RLUSD as the enterprise stablecoin standard.


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5️⃣ RLUSD + XRP = 24/7 Liquidity Flywheel

At the Product Keynote, Aaron Slettehaugh said the XRP Ledger is “the foundation of everything we do.”
RLUSD handles fiat settlement; XRP powers on-chain liquidity.
As institutions onboard, “they bring their liquidity with them — and that builds on itself.”


6️⃣ FX Goes On-Chain — Instantly

Ripple confirmed institutions can now swap fiat-backed stablecoins directly on-chain, enabling 24/7 foreign-exchange settlement.
That means global FX can run without banking-hour limits — a massive step for corporate treasury efficiency.


7️⃣ Ripple Prime Launches as Crypto-Native Broker

Nigel Khakoo introduced Ripple Prime, built from the Hidden Road acquisition, calling it “a new trust layer for digital finance.”
It offers clearing, margining, and liquidity for institutions — bridging prime-brokerage discipline with on-chain markets.


8️⃣ CME Group: XRP Derivatives Boom

CME’s Giovanni Vicioso revealed XRP futures hit $1 billion in open interest in three months — the exchange’s fastest-growing crypto product.
CME plans to extend crypto market hours to 24/7 by 2026, a move expected to cement XRP as a core derivative asset.


9️⃣ BNY Mellon Backs RLUSD + XRP as Collateral

BNY’s Carolyn Weinberg said stablecoins will be “the connective tissue between treasuries and tokenised markets.”
She highlighted RLUSD and XRP as liquidity anchors for future collateral systems in traditional finance.


🔟 Nasdaq & Ripple Bring Post-Trade On-Chain

Adena Friedman confirmed Nasdaq is working with DTCC and Ripple Prime to settle tokenised securities in digital wallets — “real securities, real settlement.”
She praised Ripple’s role in collateral mobility and regulatory cooperation under the GENIUS Act.


1️⃣ 1️⃣ XRP ETF Countdown Begins

Canary Capital filed its XRP ETF under a “no-delay” rule — it goes effective 20 days after Nov 13.
Bitwise CEO Hunter Horsley said, “XRP has real-world utility and a community like no other — the demand will be huge.”


1️⃣ 2️⃣ ETFs Go Mainstream — The XRP Effect

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