Settlement & DTCC — XLM or XRP. Jake Claver on settlement.
More on this subject: jakeclaver.com.
What this recording covers
A viewer asks Claver to clarify why some XRP commentators connect DTCC settlement to XRP when DTCC's Project Ion, completed with R3 in 2022, has been running alongside the stock market's back-end systems since then. Claver says Project Ion is the solution likely to be used for back-end settlement in the near term, and that XLM is not scheduled to be available on exchanges until 2027, making it unsuitable for real-time settlement in 2026. He describes a possible sequencing where XRP handles back-end settlement first, with XLM potentially following later for consumer-facing, peer-to-peer stock transfers and merchant payments, which he says matches XLM's design intent.
Where this fits
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