Sunday, December 28, 2025
DIGESTWIRE
Contribute
CONTACT US
  • Home
  • World
  • UK
  • US
  • Breaking News
  • Technology
  • Entertainment
  • Health Care
  • Business
  • Sports
    • Sports
    • Cricket
    • Football
  • Defense
  • Crypto
    • Crypto News
    • Crypto Calculator
    • Coins Marketcap
    • Top Gainers and Loser of the day
    • Crypto Exchanges
  • Politics
  • Opinion
  • Blog
  • Founders
No Result
View All Result
  • Home
  • World
  • UK
  • US
  • Breaking News
  • Technology
  • Entertainment
  • Health Care
  • Business
  • Sports
    • Sports
    • Cricket
    • Football
  • Defense
  • Crypto
    • Crypto News
    • Crypto Calculator
    • Coins Marketcap
    • Top Gainers and Loser of the day
    • Crypto Exchanges
  • Politics
  • Opinion
  • Blog
  • Founders
No Result
View All Result
DIGESTWIRE
No Result
View All Result
Home Blockchain

What Does XRP Really Do? Expert Explains What It Is Built For

by DigestWire member
December 28, 2025
in Blockchain, Crypto Market, Cryptocurrency
0
What Does XRP Really Do? Expert Explains What It Is Built For
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Crypto analyst and XRP advocate Levi Rietveld recently shared a short post on X stating that “$XRP is built for this,” alongside a video clip of US Treasury Secretary Scott Bessent speaking about reviewing regulatory barriers around blockchain, stablecoins, and new payment systems like the crypto industry.

Bessent’s comments focused on reforming financial infrastructure so capital markets can function more efficiently for mainstream users. In turn, Rietveld viewed those comments as closely matching the original purpose XRP was created to serve.

What XRP Was Designed To Do

In the video clip that Levi Rietveld shared on X alongside his statement of XRP being built for this, Scott Bessent outlined a policy direction that places emphasis on evaluating regulatory impediments to blockchain technology, stablecoins, and new payment systems. 

Bessent stated that officials will take a close look at regulatory impediments to blockchain, stablecoins, and new payment systems and consider reforms to unleash the power of American capital markets. Notably, this plan corresponds to a more crypto-positive approach adopted by the current US administration under President Donald Trump. 

$XRP Is Built For This! pic.twitter.com/WNDUoeFPC4

— Levi | Crypto Crusaders (@LeviRietveld) December 22, 2025

These are a part of efforts by the US government to modernize crypto regulation and define clearer frameworks for digital assets, including proposed acts aimed at bringing clarity to markets and stablecoins. One example of this is the Clarity Act, a legislative proposal that aims to clearly define the regulatory treatment of digital assets, separate payment-focused tokens from securities, and assign clearer oversight roles to agencies such as the SEC and CFTC. 

Bessent’s comments focused on improving payment systems and removing friction around new financial technology. XRP proponents like Levi Rietveld would quickly point out that the theme aligns closely with how the cryptocurrency and the XRP Ledger were engineered. 

The XRP Ledger works with transparent settlement, predictable transaction costs, and finality that does not depend on mining or complex smart contract execution. These characteristics are important for institutions that need clarity and reliability. 

In practice, XRP’s real-world role is most visible through payment solutions developed by Ripple. Banks and other financial institutions do not need to hold large balances of foreign currencies, since XRP can be used as an intermediate asset during settlement. 

XRP’s Current Regulatory And Institutional Position

Progress on regulatory clarity has been helping real institutional infrastructure around XRP. Multiple Spot XRP ETFs have gained approval and launched in 2025 and early numbers are positive, with over $1.14 billion worth of inflows. Bloomberg estimates suggest these funds could draw $5 billion to $7 billion in institutional capital by 2026. 

This creates new avenues for asset managers, pension funds, and other institutional allocators to hold XRP within traditional investment vehicles. All these cannot be possible without the clear framework for blockchain, stable coins, and new payment systems proposed by Bessent.

Featured image from Unsplash, chart from TradingView

Read Entire Article
Tags: BlockchainCoin Surgesnewsbtc
Share30Tweet19
Next Post
Best Apple Watch apps for boosting your productivity

Best Apple Watch apps for boosting your productivity

MCG curator in ‘state of shock’ as Head offers support after costly two-day finish

MCG curator in 'state of shock' as Head offers support after costly two-day finish

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result
Coins MarketCap Live Updates Coins MarketCap Live Updates Coins MarketCap Live Updates
ADVERTISEMENT

Highlights

India startup funding hits $11B in 2025 as investors grow more selective

Bitcoin Hovering In A Descending Range, But Alts Are Quietly Gaining Momentum

Landmark Crypto Bills Drive 2025 Regulatory Shift as Congress Signals Commitment to Digital Asset Growth

23 Times Amy Poehler’s Podcast, “Good Hang,” Was Goofy, Chaotic, And Simply The Best Thing To Happen To The Internet This Year

XRP Trades Like An Asset That’s Survived Its Hardest Trials — Is A Rally Coming?

Nigeria 3-2 Tunisia: Report, result and goals as Super Eagles progress to knockouts

Trending

MCG curator in ‘state of shock’ as Head offers support after costly two-day finish
Cricket

MCG curator in ‘state of shock’ as Head offers support after costly two-day finish

by DigestWire member
December 28, 2025
0

Matt Page has been given backing by his boss as the fallout continues for a quickfire Boxing...

Best Apple Watch apps for boosting your productivity

Best Apple Watch apps for boosting your productivity

December 28, 2025
What Does XRP Really Do? Expert Explains What It Is Built For

What Does XRP Really Do? Expert Explains What It Is Built For

December 28, 2025
India startup funding hits $11B in 2025 as investors grow more selective

India startup funding hits $11B in 2025 as investors grow more selective

December 28, 2025
Bitcoin Hovering In A Descending Range, But Alts Are Quietly Gaining Momentum

Bitcoin Hovering In A Descending Range, But Alts Are Quietly Gaining Momentum

December 28, 2025
DIGEST WIRE

DigestWire is an automated news feed that utilizes AI technology to gather information from sources with varying perspectives. This allows users to gain a comprehensive understanding of different arguments and make informed decisions. DigestWire is dedicated to serving the public interest and upholding democratic values.

Privacy Policy     Terms and Conditions

Recent News

  • MCG curator in ‘state of shock’ as Head offers support after costly two-day finish December 28, 2025
  • Best Apple Watch apps for boosting your productivity December 28, 2025
  • What Does XRP Really Do? Expert Explains What It Is Built For December 28, 2025

Categories

  • Blockchain
  • Blog
  • Breaking News
  • Business
  • Cricket
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Football
  • Founders
  • Health Care
  • Opinion
  • Politics
  • Sports
  • Strange
  • Technology
  • UK News
  • Uncategorized
  • US News
  • World

© 2020-23 Digest Wire. All rights belong to their respective owners.

No Result
View All Result
  • Home
  • World
  • UK
  • US
  • Breaking News
  • Technology
  • Entertainment
  • Health Care
  • Business
  • Sports
    • Sports
    • Cricket
    • Football
  • Defense
  • Crypto
    • Crypto News
    • Crypto Calculator
    • Blockchain
    • Coins Marketcap
    • Top Gainers and Loser of the day
    • Crypto Exchanges
  • Politics
  • Opinion
  • Strange
  • Blog
  • Founders
  • Contribute!

© 2024 Digest Wire - All right reserved.

Privacy Policy   Terms and Conditions

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.