URGENT! MASSIVE XRP LEAK! (THIS CHANGES EVERYTHING)

Summary

A former insider from London, Lurard Belgrave, reveals his experience in the banking industry and discusses Ripple's long-term strategy, including their goal to become a banking powerhouse. Over a decade, Ripple has been positioning itself for a game-changing move, applying for a banking license to merge traditional and tokenized finance. Belgrave highlights Ripple's pivotal role in transforming global finance, with major banks already testing XRP for settlement. Despite the lack of verifiable sources, his insights on XRP's potential future rise spark intrigue among Ripple enthusiasts.

Takeaways

• 😀 Ripple’s endgame is not about being a crypto company but becoming a financial institution that integrates tokenized assets with traditional finance.
• 😀 Ripple is aiming for a banking license to merge both traditional and tokenized finance under one roof, including custody, lending, and settlement services.
• 😀 Major banks like Barclays, HSBC, Wells Fargo, and DBS were already positioning around XRP in 2016-2017, preparing for its use in global finance.
• 😀 The XRP ledger was designed to handle large sums instantly with no counterparty risk, making it suitable for global financial institutions.
• 😀 Ripple’s long-term strategy has been built over a decade, with pivotal phases of development from technology foundation to institutional scaling and regulatory testing.
• 😀 The application for a banking license is the final move in Ripple’s decade-long strategy to become the neutral financial layer that connects all institutions globally.
• 😀 XRP's demand isn’t just speculative; it is seen as a structural part of the financial system, especially as traditional finance moves toward tokenized assets and instant settlements.
• 😀 Central banks and financial institutions have quietly agreed on the necessity of XRP, using it for real-time settlement and liquidity management across global markets.
• 😀 The current phase (2022-2024) focuses on migrating to ISO20022, piloting Central Bank Digital Currencies (CBDCs), and tokenizing real-world assets, all using XRP.
• 😀 Ripple’s approach to the SEC’s legal battle is seen as a stress test, allowing Ripple to prove its viability and endurance in the global financial ecosystem.
• 😀 Insiders like Lurard Belgrave suggest that XRP’s potential value will far exceed retail expectations, with a global financial standard being the ultimate goal of Ripple’s strategy.

Q & A

Who is Lurard Belgrave, and what is his connection to Ripple and XRP?

Lurard Belgrave is a London-based insider with experience in the banking industry for over a decade. He claims to have knowledge of Ripple's strategic plans and has witnessed pivotal meetings regarding XRP and its adoption by major financial institutions.

What does Belgrave mean by Ripple's 'application to become a bank'?

Belgrave emphasizes that Ripple's application for a banking license is not just a simple pivot but a culmination of a decade-long strategy. It's about Ripple positioning itself to merge traditional and tokenized finance under one roof, enabling it to handle services like custody, settlement, and capital markets.

Why does Belgrave believe Ripple’s banking license application is a 'Keystone move'?

Belgrave suggests that Ripple's banking license is the final key step in a long process. While Ripple has been building its technological foundation and partnerships over the years, obtaining this license will allow it to provide full banking services, including holding, lending, clearing, and tokenizing assets.

How does Belgrave describe Ripple's long-term strategy?

According to Belgrave, Ripple's strategy spans over a decade, from foundational technology development (2012-2015) to scaling (2016-2018), navigating regulatory challenges (2019-2021), and participating in global pilots (2022-2024). The application for a banking license is seen as the final step in integrating Ripple into global financial systems.

What role does XRP play in the financial system, according to Belgrave?

Belgrave explains that XRP is not just a speculative asset but an integral part of the financial infrastructure. As Ripple transitions into banking, XRP will serve as the bridge asset for moving tokenized assets, clearing transactions, and ensuring settlement across different financial institutions.

What was Ripple’s strategy in the years 2016-2017 regarding XRP?

In 2016 and 2017, Ripple's executives had private discussions with top banking executives, including those from Barclays, HSBC, DBS, and Wells Fargo. These banks were already positioning themselves to use XRP for efficient settlement, with Ripple working to integrate XRP into their systems for real-time cross-border payments.

What do the 2016-2017 internal memos from banks reveal about XRP’s adoption?

The internal memos from major banks like Barclays, HSBC, and Wells Fargo reveal that they were already exploring XRP for its efficiency in moving large sums of money with low counterparty risk. These banks were not debating whether to use XRP, but rather how soon they could integrate it into their operations.

What did Belgrave mean by banks using XRP as a 'neutral bridge'?

Belgrave describes XRP as a 'neutral bridge' because it provides an efficient and fair way for banks to transfer funds without giving any single financial institution an advantage. This was key in maintaining competitive balance among banks while adopting new technologies.

Why does Belgrave believe XRP’s price will increase significantly in the future?

Belgrave believes that XRP's price will rise because the infrastructure being built around it is designed for a global financial standard, not just a $5 coin. As more institutions adopt XRP for settlement and tokenized assets, demand for the asset is expected to grow significantly.

What is Belgrave’s opinion on the future of crypto in the banking sector?

Belgrave sees the future of crypto in the banking sector as inevitable, particularly for instant settlement solutions like XRP. He suggests that traditional financial systems are transitioning to tokenized assets and faster settlements, with XRP playing a key role in this transformation.