šØ BOMBSHELL ā Ripple SVP Eric van Miltenburg just sat down with @DuffieDarrell and dropped the line that ends the CBDC debate: āWeāre NOT going to have a CBDC in the U.S. for DECADES, in my view.ā Then he doubled down: āIn the U.S., itās COMPLETELY STOPPED.ā Congress and the White House have pushed the Fed to halt retail CBDC development.
But hereās what nobody is talking about ā Eric didnāt just kill the CBDC narrative. He laid out the REAL future of on-chain finance: tokenized central bank deposits, tokenized reserves, and bank-led settlement infrastructure. Banks tokenize settlement balances. Clearing banks control access. 24/7 smart settlement. Treasury trades outside banking hours. Tokenized money powers institutional finance.
Thatās not a CBDC. Thatās the XRPL + RLUSD playbook. Word for word.
AND ā Paul Barron just dropped the second bombshell: Trumpās May 19 Executive Order may SAVE Rippleās bank charter. Remember Tuesdayās Fed pause on Tier 3 master accounts until December 2026? Trumpās EO ordering the Fed to evaluate non-bank/crypto access could OVERRIDE that pause entirely. Bearish news Tuesday ā Bullish reveal Friday.
š„ Senseiās take: this is the chapter where the CBDC FUD dies AND the master account pause gets undone in the SAME week. Stack it next to DTCC $100T, CLARITY June floor, Hashdex BTC rotation, and Palās āprivate jetā ā the convergence is real.
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