Listen to the show
Watch the show
Show Summary
XRP slipped under $1 on Friday for the first time since August, after nine straight red days and $330M liquidated across crypto in two hours. Jeff and Chip dig into who actually sold. The spot XRP ETFs barely moved, and wallets holding 1 million+ XRP hit their highest count of 2026. Meanwhile Ripple is on track for $900M a year, has its national trust bank charter, and RLUSD added $972M in 90 days. So why is XRP sitting at 99 cents?
- Spot XRP ETFs turn one: over 1 billion XRP held, $1.152B in net assets, and a $1.09M net outflow on Nov 13 as Grayscale's GXRP lost $5.54M and Franklin's XRPZ took in $4.45M.
- Marble's $11M seed round, with Ripple among the backers: big talk about powering frontier markets, and the open question of where the liquidity comes from.
- Grok's stablecoin ranking puts USDD first and RLUSD third, and Justin Sun says USDD stays on top next year.
- The "Make XRP Great Again" open letter to Brad Garlinghouse, and Chip's reply: Ripple is a private company, XRP is a decentralized asset, and Ripple owes you nothing.
- SBI's Yoshitaka Kitao is asked if he still trusts XRP. His answer, in English: yes.
- Also in the back half: the biggest POW exchange of the Ukraine war, Stephen A. Smith's interview with Trump, Dominik Tarczyński at the European Parliament, Hakeem Jeffries heckled by his own side, and the soft launch of Badassery streetwear.
☕ BADASSERY COFFEE
Saturday morning show, Saturday morning coffee. Roasted to order the day it ships. Not a sponsor, it’s ours.
Try the six-roast sampler, $14 → badasserycoffee.com
