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Show Summary
The crypto market may be under pressure, but the XRP ecosystem continues to expand beneath the surface. Jeff and Chip examine the growing disconnect between XRP's market price and the infrastructure being built around the XRP Ledger. The discussion covers David Schwartz's vision for tokenized securities, money market funds, loans, and real-world assets, along with XRP's accelerating tokenization growth, South Korea's continued XRP adoption, major XRPL infrastructure upgrades, and Coinbase's expanding developer tools. The central question throughout the episode: If all of this is happening, why is XRP still trading around a dollar—and is the market completely missing what's coming next?
Links to Articles We Discuss
@Ripple CTO Emeritus @JoelKatz on where XRP is headed:
— RippleX (@RippleXDev) June 5, 2026
"Tokenized securities. Money market funds. Stocks. Repos. Loans."
Enterprise adoption is already here. Mass retail is next.
XRP in a Minute ⬇️ https://t.co/DljGy2Hp9S pic.twitter.com/7DpmNbMPAP
📈 RWA tokenization on XRP network is growing faster than Ethereum this year by more than 2x. And it reached comparable total asset value in less than half the time as Ethereum.
— evernorthxrp (@evernorthxrp) June 5, 2026
Full download in our Behind the Tokenization League Table report: https://t.co/Lez9qqpZXS
This… pic.twitter.com/ykQ0nqaFhc
At Bitcoin Seoul this week, one of the most-traded coins in the country wasn't bitcoin. It was XRP.
— Asheesh Birla | CEO at Evernorth (@ashgoblue) June 5, 2026
On Upbit, Korea's largest exchange, XRP/KRW consistently ranks among the top traded markets and has repeatedly topped both BTC and ETH on heavy days. Seoul is one of the deepest… pic.twitter.com/nAU0KQJhPH
XRP Ledger 3.2.0 is coming soon!
— XRP Ledger Operations (@XRPLOperations) June 4, 2026
The core software powering the XRPL is changing its name from rippled to xrpld.
This transition will require some updates for infrastructure operators. We're preparing a detailed playbook to help guide you through the upgrade process. pic.twitter.com/296TNhUGkC
Our new @CoinbaseDev portal is looking awesome! It's the best place to build in crypto.
— Brian Armstrong (@brian_armstrong) June 5, 2026
It gives access to all our powerful developer tools (wallets, payment APIs, x402, etc) in one dashboard. You can even launch a branded stablecoin, backed 100% by USDC. pic.twitter.com/XPbmWpZo6w
People still think (or feel) because Bitcoin is down crypto is down.
— Brian Armstrong (@brian_armstrong) June 5, 2026
Derivatives/perps, stablecoins, prediction markets, etc are all up in crypto.
Crypto touches every area of finance, and is much broader than Bitcoin now. It will take some time for this to sink in.
(And yes -…
JUST IN: XRP projected to crash below $1.00 by the end of the month.
— Polymarket (@Polymarket) June 5, 2026
54% chance. https://t.co/WCJcKaELGz
BREAKING: ETH just dropped its new logo pic.twitter.com/xPmfE2UV6n
— Not Jerome Powell (@alifarhat79) June 5, 2026
The SPLC used $4.1 million in donor to fund the KKK and other extremist groups.
— America (@america) June 5, 2026
This is how they used the money:
-Attend and host extremist group rallies across the country.
-Grow existing chapters of extremist groups.
-Create new chapters of extremist groups;
Recruit new… pic.twitter.com/uL5BU6vr73
The two presidencies in a single image. pic.twitter.com/5wbNYj2i84
— Dr. Steve Turley (@DrTurleyTalks) June 5, 2026
Liberal after Trump restored the Lincoln Memorial Reflecting Pool: "I hate that I like it"
— Defiant L’s (@DefiantLs) June 5, 2026
"I thought it was a stupid idea... but It actually looks... It makes the reflection look extraordinarily prominent in a way it did not look before."
pic.twitter.com/nSMMAeiXtU
If the fraud rate is really as low as Democrats claim, why are they fighting so hard to hide the data? Why not just work with USDA to audit and validate where the money is going? Their resistance to us going after fraud is part of why these programs ballooned in the first place. https://t.co/ZaO6i9mKia
— JD Vance (@JDVance) June 4, 2026
Henry Nowak died the same way a civilization dies: abandoned, handcuffed by authorities who neither trusted nor cared for him, and accused of hate crimes he did not commit. His murder is as tragic as it is enraging. He should still be alive today, and he would be if the last few… https://t.co/e3HkjzWzwU
— JD Vance (@JDVance) June 5, 2026
LOL… “bUt TrUmP iS a NAZl” pic.twitter.com/5eLSSbVNJs
— Gunther Eagleman™ (@GuntherEagleman) June 6, 2026
James Carville endorses 'f-ked up' Graham Platner, compares him to US allying with Stalin to win WWII https://t.co/fTqfSmCSXg pic.twitter.com/6RDoc1rhTI
— New York Post (@nypost) June 6, 2026
Sen. John Fetterman when asked about Graham Platner, he said who P hustle? The reporter with a puzzled and perturbed look on her face replied: is that what you call him Fetterman replied: no that’s what he calls himself. 🤣 pic.twitter.com/fldmX2keft
— Karli Bonne’ 🇺🇸 (@KarluskaP) June 5, 2026
🚨WOW: Nancy Pelosi just went berserk & demanded LindellTV reporter @AlisonInTheKnow "SHUT UP" and "GET AWAY FROM ME" after being asked why she blocked the National Guard on January 6.
— Bo Loudon (@BoLoudon) June 4, 2026
Great work, Alison!
Follow: @BoLoudon pic.twitter.com/QRMJE7GWUH
💥NEW: Rahm Emanuel *NUKES* Dem Party💥
— Jason Cohen 🇺🇸 (@JasonJournoDC) June 3, 2026
KATIE COURIC: “Why do you think people feel so negatively about the Democratic party?”
EMANUEL: “Because we EARNED their disrespect — the hard way!”
“We did things that were really RIDICULOUS! We let a border get out of control, we… pic.twitter.com/hfCAQUHNI4
— The Babylon Bee (@TheBabylonBee) June 4, 2026
Paris Riots Fuel The Right: Jordan Bardella Reaches Record High Approval https://t.co/HaMSICfYie
— zerohedge (@zerohedge) June 6, 2026

