🚀 Ripple & Stellar: The Crypto Odd Couple Saving the World? 🤝

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So, in the latest installment of Things That Make You Go “Huh?”, Ripple and Stellar are reportedly teaming up to revolutionize the payments industry. Yes, you heard that right. Two crypto giants deciding to hold hands and skip through the blockchain meadows together. This delightful tidbit was brought to us by the ever-observant ProfRippl, who somehow spotted the connection through the International Rescue Committee (IRC). Because, of course, nothing says “financial innovation” like a humanitarian organization playing matchmaker. 🧐

Ripple and Stellar: Sitting in a Tree, K-I-S-S-I-N-G?

In a plot twist that not even Douglas Adams could have predicted, ProfRippl took to X (formerly known as Twitter, because why not rename everything?) to reveal that Ripple and Stellar are working together. Apparently, the IRC’s ties to both firms were the crypto equivalent of a Tinder match. Who knew humanitarian donations could be the ultimate wingman? Ripple and IRC had previously partnered to explore using Ripple’s payment services for charitable causes, because nothing says “altruism” like blockchain. 🤑

Meanwhile, Stellar once mentioned how IRC distributed cash assistance to Ukraine via its ‘aid assist’. ProfRippl, ever the optimist, then suggested that other IRC partners (like Bloomberg, Google, and Citi Foundation) might jump on the Ripple-Stellar bandwagon for cross-border transactions. Because if there’s one thing the world needs, it’s more acronyms in finance. 📈

But wait, there’s more! ProfRippl also tried to connect Ripple to former U.K. Prime Minister Tony Blair, who apparently has a bromance with IRC’s CEO David Miliband. Based on this tenuous link, the crypto pundit suggested that Ripple’s technology could be adopted as countries embrace cryptocurrencies. Because if Tony Blair’s involved, it’s got to be legit, right? 🤔

In another X post (because one was clearly not enough), ProfRippl pointed out that Ripple and Stellar are more like peanut butter and jelly-complementary, not competitive. Ripple’s XRP Ledger handles high-assurance cross-ledger settlement, while Stellar enables multi-currency routing and inclusive tokenization. It’s like a blockchain buddy system. 🥜🍇

ProfRippl also referenced articles describing Ripple and Stellar as “layered architectures” serving different but complementary functions. Fun fact: Stellar’s Jed McCaleb helped create the XRP Ledger alongside Ripple’s CTO David Schwartz and Arthur Britto. So, it’s basically a family reunion with smart contracts. 👨‍👩‍👧‍👦

Both Ripple and Stellar offer cross-border payment services, with Ripple using XRP as a bridge currency and Stellar using its native token XLM. Because why have one token when you can have two? 🌉

The Fed Throws Ripple a Lifeline (or a Party)

In other news, Federal Reserve Governor Chris Waller gave Ripple a pat on the back, announcing that the Fed is exploring a ‘payment account’ to support payments innovation. This means stablecoin issuers like Ripple could gain access to the Fed’s payment rails, making their operations smoother than a jazz solo. 🎷

Ripple has already filed for a Fed master account, though the approval timeline is as clear as a blockchain transaction. However, Waller assured everyone that the payment account will have a streamlined review process, so Ripple might not need to wait for the master account to start partying with the Fed. Meanwhile, Ripple continues to expand its services, including a partnership with South Africa’s Absa for digital asset custody. Because why stop at one continent when you can conquer them all? 🌍

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2025-10-22 21:19