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What Ripple has built is actually something bigger. It added the Hedera acquisition deal for $1.25 billion, a major brokerage firm conducting clearing for over $3 trillion on the XRPL. Ripple Tragerie, launched in April, also provided CFOs with a unified platform to manage both cash and digital assets for the first time. The RLUSD currency is now available, regulated, and expanding across multiple chains. Developer funding on the chain is also increasing.
Cook said, "The future isn't just about replacing a single system, but about making the entire financial world blockchain-enabled."