LMAX is Using RLUSD for FX Settlement | Stablecoin Issuers Keep the Yield, Not You

The name of the game: create a currency, back it with dollars, and collect the interest on your reserves. That's exactly what Ripple is doing with RLUSD - and now LMAX is using it for FX settlement.

LMAX Group - the $8.2 trillion annual FX trading giant - just partnered with Ripple with $150 million in financing to use RLUSD for institutional cross-border payments. Settlement in seconds, not days.

But here's what they won't tell you: The GENIUS Act prohibits stablecoin issuers from paying YOU interest. Circle made $1.68 billion in revenue (99% from reserves). Tether made $13 billion profit in 2024. And you get... nothing.

In this video I'm showing you:
How LMAX is using RLUSD for FX settlement and cross-border payments
Why Ripple created RLUSD (hint: it's the reserve yield)
The GENIUS Act Section 4(a)(11) - why you can't earn interest on stablecoins
How DeFi lets you get around this (Uniswap LP, Aave lending, BlackRock BUIDL)
What this means for XRP price - honest bull case AND bear case
The path of least resistance: stablecoins first, XRP adoption later

The stablecoin issuers created this game. DeFi lets you play it.

LINKS & SOURCES:

LMAX Group + Ripple Partnership (Official Press Release):
https://www.lmax.com/press-centre/lma...

Tether Q4 2024 Profit ($13B):
https://tether.to/en/tether-reports-r...

Circle S-1 Filing ($1.68B Revenue, 99% from reserves):
https://www.sec.gov/Archives/edgar/da...

GENIUS Act Text (Richmond Fed):
https://www.richmondfed.org/publicati...

BlackRock BUIDL Fund:
https://securitize.io/learn/blackrock...

SharkDome:
https://sharkdome.com

Kraken:
https://invite.kraken.com/JDNW/rarupred

DISCLAIMER: Educational content only. Not financial advice. I could be wrong - feel free to correct me.

Thanks for watching! - Joshua | SharkDome