Recently, Jake Claver, a well-known business leader and financial strategist, claimed that Ripple USD (RLUSD) plays a significant role in the 'biggest wealth transfer in history.' His statement has sparked controversy and discussion within the community.
Claver's Claim and Community Reaction
Jake Claver claimed RLUSD already has a $300 million daily volume, suggesting Ripple's plans to enter the treasuries, stocks, and derivatives markets, intending to bring 'hundreds of trillions' of dollars into the XRP Ledger. He suggested that ignoring these changes could be a mistake in the future.
Data Versus Claim
Claver’s statement faced criticism, particularly from X user H Zeitzler, who questioned the accuracy of the '$300M daily volume' claim. Zeitzler provided a screenshot from XRPScan showing RLUSD’s 24-hour trading volume at approximately $1.5 million, well below Claver’s figure.
RLUSD Market Position and Prospects
Despite Claver's optimistic claims, Zeitzler’s data points to more modest RLUSD adoption. The screenshot showed 32,132 RLUSD holders and 53,107 trustlines, with the current price at 0.412986 XRP. This casts doubt on Claver’s predictions of widespread financial revolution.
While Jake Claver sees RLUSD as a key element of financial transformation, current data does not support his claims of high trading volumes. Without clear evidence, skepticism about RLUSD’s market significance remains.
