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Show Summary

Big money is coming for XRP, and it isn't waiting on the chart. Jeff and Chip dig into the XRP Ledger's $2.4 billion in new tokenized real-world assets this year, what's actually behind that number, and why the rails keep getting built while everyone watches the price, with XRPL's Permission Delegation upgrade scheduled for October 5.

  • XRP at $1.51 as US spot XRP ETFs add 34 million XRP in a week, taking their holdings to 1.16 billion XRP.
  • The RWA race: BNB Chain added $3.4B this year, Stellar $2.6B and the XRP Ledger $2.4B, per rwa.xyz data. That puts XRPL third.
  • What's real and what's hype: $2.2B of the XRPL figure is Justoken's energy token, now being distributed to about 164 end-user wallets.
  • FXRP turns one on Flare, and Brian Armstrong says every backend needs a /feedback endpoint because AI agents are becoming the heaviest users of APIs.
  • The CLARITY Act post-mortem: Rep. Ritchie Torres says the failure had multiple causes but puts it on Trump, and Chip isn't buying it. Plus FOUNDERS Ep. 2: Who Is Satoshi?
  • Also in the back half: Trump rejects Iran's ceasefire offer, the Senate vote to end the Iran war fails 49-50 with Fetterman the lone Democrat against it, the RAF Fairford arrests, TalkTV grilling the UK Defence Secretary, Iran's 74-lash sentence for singer Parastoo Ahmadi, and Netanyahu on the Gaza genocide charge.

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