{"id":63355,"date":"2025-12-12T21:01:31","date_gmt":"2025-12-12T21:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=63355"},"modified":"2025-12-12T21:01:31","modified_gmt":"2025-12-12T21:01:31","slug":"did-amazon-strike-a-5-billion-xrp-deal-with-ripple-expert-answers","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=63355","title":{"rendered":"Did Amazon Strike A 5 Billion XRP Deal With Ripple? Expert Answers"},"content":{"rendered":"
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Crypto expert Crypto Sensei has drawn attention to rumors that Amazon struck a 5 billion XRP deal with Ripple<\/a>. The expert explained what the deal is really about and what Ripple\u2019s end goal is using the altcoin.\u00a0<\/p>\n

Expert Clarifies Rumors Of Amazon\u2019s 5 Million XRP Deal With Ripple<\/h2>\n

In an X post<\/a>, Crypto Sensei addressed whether rumors that Amazon struck a 5 million XRP deal with Ripple were true. The rumors surfaced as Kendra Hill claimed that Ripple\u2019s endgame is to run the entire derivatives market using the altcoin and that the cross-border transactions<\/a> are simply a test.\u00a0\u00a0<\/p>\n

Related Reading: XRP Rising Against All Odds: Ripple CEO Celebrates These Achievements<\/a><\/p>\n

However, Crypto Sensei noted that there is no public evidence of Ripple\u2019s 5 million XRP deal with Amazon and that there has been no public announcement from the crypto firm. As such, the expert remarked that this rumored deal remains pure community speculation.\u00a0\u00a0<\/p>\n

Meanwhile, he explained that Hill\u2019s core claim was that cross-border payments are just a testing ground and that Ripple ultimately intends to use XRP to process 100% of the transactions on the global derivatives market. Notably, the global derivatives market<\/a> is said to be a trillion-dollar industry, meaning this move could boost adoption significantly.\u00a0<\/p>\n

Meanwhile, as to how a rumored Amazon relates to this, Crypto Sensei explained that a screenshot of an old Amazon partnership had resurfaced. Furthermore, Hill had allegedly claimed that another partnership between the two firms has yet to be revealed. Amazon\u2019s AWS<\/a> had, in 2020, revealed that it was integrating Ripple\u2019s payment system for its rewards program.\u00a0<\/p>\n

Crypto Sensei also mentioned that Ripple\u2019s CTO, David Schwartz, has stated that there is no evidence that Amazon owns this amount of XRP. There is also no evidence on the XRP Ledger that the company holds this amount i<\/a>n escrow<\/a>.<\/p>\n

Major Adoption News For The Token<\/h2>\n

In an X post<\/a>, Hex Trust announced a partnership with LayerZero to launch wrapped XRP (wXRP) across multiple networks, starting with the Solana network<\/a>. This is expected to boost the altcoin\u2019s adoption as it gains new holders and new liquidity flows into it. Hex Trust noted that the wXRP is designed for DeFi use across these networks.\u00a0<\/p>\n

Related Reading: Ripple Secures 4 Groundbreaking Wins That Mark An Exciting Phase For XRP<\/a><\/p>\n

The firm has launched this Wrapped XRP with over $100 million in Total Value Locked (TVL). Hex Trust also explained that the wrapped token\u2019s utility is that it makes it easy to trade XRP alongside Ripple\u2019s RLUSD stablecoin<\/a> as a trading pair on supported chains. As such, the firm believes this move could expand liquidity and utility between XRP and RLUSD. Notably, there are also plans to launch this wrapped token on Ethereum soon.\u00a0<\/p>\n

At the time of writing, the XRP price is trading at around $2.03, up in the last 24 hours, according to data<\/a> from CoinMarketCap.<\/p>\n

\"XRP\"<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto expert Crypto Sensei has drawn attention to rumors that Amazon struck a 5 billion XRP deal with Ripple. The expert explained what the deal is really about and what Ripple\u2019s end goal is using the altcoin.\u00a0 Expert Clarifies Rumors Of Amazon\u2019s 5 Million XRP Deal With Ripple In an X post, Crypto Sensei addressed […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-63355","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/63355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63355"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/63355\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}