Crypto enthusiast and game designer Chad Steingraber issued an emphatic response after artificial intelligence platform Grok highlighted the scale of payments processedCrypto enthusiast and game designer Chad Steingraber issued an emphatic response after artificial intelligence platform Grok highlighted the scale of payments processed

$34 Billion In XRP Ledger Transactions Incoming. Here’s What Elon Musk’s AI Says

2026/02/21 20:30
3 min read

Crypto enthusiast and game designer Chad Steingraber issued an emphatic response after artificial intelligence platform Grok highlighted the scale of payments processed annually by GTreasury.

Quoting Grok’s breakdown of the treasury management firm’s reported figures, Steingraber focused on the magnitude of potential transaction flow and its implications for the XRP Ledger.

Grok stated that, based on GTreasury’s latest reported data, the company processes $12.5 trillion in payments annually. It further calculated that this total translates to approximately $34.25 billion in average daily payment volume across 365 days. The figures immediately caught Steingraber’s attention.

In his response, Steingraber wrote, “Holy smokes!! $12.5 Trillion!! $34.25Billion in XRP Ledger transactions incoming!!” His message conveyed clear excitement at the prospect that even a portion of such payment flows could move through the XRP Ledger infrastructure.

Context Around GTreasury and Payment Options

GTreasury is a treasury and risk management platform that supports corporate payment operations. The scale of its annual payment processing has been publicly referenced in discussions around blockchain integrations, particularly following its association with Ripple’s technology.

However, members of the X community were quick to add context to the discussion. An X user, Spade (@SpadesHQ), emphasized that GTreasury’s users determine their own payment methods.

According to Spade, there is no mandatory requirement for clients to use RLUSD or any specific digital asset. He added that the company’s chief executive officer has explicitly confirmed that payment method selection remains at users’ discretion.

Another X user, Jason L, responded to Spade in agreement. He stated that customers retain the option to continue using traditional financial rails or to adopt cryptocurrency solutions.

He expressed the view that lower costs and faster settlement times could encourage adoption of blockchain-based payments, including transactions routed through the XRP Ledger. Jason L concluded that, ultimately, the superior product would determine user preference.

Community Optimism Around Ripple Technology

Additional commentary reflected a strong sense of optimism regarding the integration of Ripple’s technology into high-volume payment environments. X user AizenGetsu (@GetsuAizen) stressed that GTreasury’s $12.5 trillion annual figure exists independently of Ripple’s systems.

He argued that incorporating Ripple’s technology could significantly increase transaction efficiency. In his words, transactions would experience “less friction” and be verified “within seconds.”

Although the discussion remains speculative, Steingraber’s post illustrates how significant payment figures are interpreted within the digital asset community. The possibility that a fraction of GTreasury’s reported $34.25 billion in daily payments could utilize the XRP Ledger has become a focal point for supporters who anticipate expanded enterprise blockchain adoption.

At present, no confirmation has been issued that GTreasury’s full transaction volume will move onto the XRP Ledger. Nevertheless, Steingraber’s reaction demonstrates how large-scale institutional payment data can influence expectations among digital asset advocates, particularly when tied to companies integrating Ripple’s payment solutions.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


Follow us on X, Facebook, Telegram, and  Google News

The post $34 Billion In XRP Ledger Transactions Incoming. Here’s What Elon Musk’s AI Says appeared first on Times Tabloid.

Market Opportunity
XRP Logo
XRP Price(XRP)
$1.4402
$1.4402$1.4402
-0.69%
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Shiba Inu Leader Breaks Silence on $2.4M Shibarium Exploit, Confirms Active Recovery

Shiba Inu Leader Breaks Silence on $2.4M Shibarium Exploit, Confirms Active Recovery

The lead developer of Shiba Inu, Shytoshi Kusama, has publicly addressed the Shibarium bridge exploit that occurred recently, draining $2.4 million from the network. After days of speculation about his involvement in managing the crisis, the project leader broke his silence.Kusama emphasized that a special ”war room” has been set up to restore stolen finances and enhance network security. The statement is his first official words since the bridge compromise occurred.”Although I am focusing on AI initiatives to benefit all our tokens, I remain with the developers and leadership in the war room,” Kusama posted on social media platform X. He dismissed claims that he had distanced himself from the project as ”utterly preposterous.”The developer said that the reason behind his silence at first was strategic. Before he could make any statements publicly, he must have taken time to evaluate what he termed a complex and deep situation properly. Kusama also vowed to provide further updates in the official Shiba Inu channels as the team comes up with long-term solutions.Attack Details and Immediate ResponseAs highlighted in our previous article, targeted Shibarium's bridge infrastructure through a sophisticated attack vector. Hackers gained unauthorized access to validator signing keys, compromising the network's security framework.The hackers executed a flash loan to acquire 4.6 million BONE ShibaSwap tokens. The validator power on the network was majority held by them after this purchase. They were able to transfer assets out of Shibarium with this control.The response of Shibarium developers was timely to limit the breach. They instantly halted all validator functions in order to avoid additional exploitation. The team proceeded to deposit the assets under staking in a multisig hardware wallet that is secure.External security companies were involved in the investigation effort. Hexens, Seal 911, and PeckShield are collaborating with internal developers to examine the attack and discover vulnerabilities.The project's key concerns are network stability and the protection of user funds, as underlined by the lead developer, Dhairya. The team is working around the clock to restore normal operations.In an effort to recover the funds, Shiba Inu has offered a bounty worth 5 Ether ($23,000) to the hackers. The bounty offer includes a 30-day deadline with decreasing rewards after seven days.Market Impact and Recovery IncentivesThe exploit caused serious volatility in the marketplace of Shiba Inu ecosystem tokens. SHIB dropped about 6% after the news of the attack. However, The token has bounced back and is currently trading at around $0.00001298 at the time of writing.SHIB Price Source CoinMarketCap
Share
Coinstats2025/09/18 02:25
Rising Altcoin Inflows Signal Potential Market Sell-Off: CryptoQuant

Rising Altcoin Inflows Signal Potential Market Sell-Off: CryptoQuant

        Highlights:  Inflows of altcoins in exchanges have surged by 22% in early 2026. An increase in deposits indicates a growing sell-side pressure. The 
Share
Coinstats2026/02/22 02:03
The Strategic Impact of Health Tech on Healthcare Infrastructure and Service Delivery

The Strategic Impact of Health Tech on Healthcare Infrastructure and Service Delivery

Health tech has become a foundational element in strengthening healThe Strategic Impact of Health Tech on Healthcare infrastructure and improving service delivery
Share
Techbullion2026/02/22 02:52