XRP Yield Without Selling: The Video's 5 'Pipes' Checked
A Bullrunners video says XRP holders can earn yield through five 'pipes'. We check the XRPL AMM, Flare's FXRP, RLUSD on Soil, Ripple Prime and treasuries.

Key takeaways
- Only three of the video's five 'pipes' are things an individual can use directly: the XRPL AMM, Flare's FXRP and Soil's RLUSD vaults.
- Soil pays yield on RLUSD deposited into its vaults, not on RLUSD simply held in a wallet, so most XRP holders would first need to swap into dollars.
- The XRPL AMM has been live since March 2024, and every pool holds two assets, so depositors are exposed to price moves in both.
- Flare's CEO targeted 5 billion XRP on Flare by mid-2026. That date has passed, so check current published figures rather than the video's target.
- Hidden Road, now Ripple Prime, and corporate treasury money are stories about Ripple's business, not yield products for individual holders.
A Bullrunners video argues that XRP holders no longer have to sell coins to earn from them. It lists five “yield pipes” it says are now live: the XRP Ledger’s built-in AMM, Flare’s FXRP token, Ripple’s RLUSD stablecoin on a protocol called Soil, Ripple’s purchase of prime broker Hidden Road, and corporate treasury money moving on-chain.
That matters if you have held XRP for years and only ever made money by selling. But the five pipes are not alike. Some are products you can use today, some are stories about Ripple’s business, and none pays without risk. This article sorts out which is which, and checks the video’s figures where we could.
Why does the video say XRP holders had no yield before?
The video says that for about a decade the only way to make money on XRP was to sell it. In the host’s telling there was no yield, no lending, no AMM and no stablecoin on the XRP Ledger, while Ethereum and Solana users were farming yield or staking.
That framing is looser than it sounds. A clip in the video notes that the XRP Ledger’s decentralized exchange has run since 2012. The XLS-30 AMM went live on the main network in March 2024, so it is not something Ripple “just finished building,” as the video puts it.
The headline promise, “a check every single month” paid forever, is also the video’s framing, not a guarantee. Yield in crypto depends on trading activity, borrowing demand and the safety of the code holding your coins. For an overview of the options, see our beginner’s scorecard for XRP DeFi.
Pipe 1: What is the XRP Ledger AMM?
The XRP Ledger AMM is an automated market maker built directly into the ledger through an amendment called XLS-30. An automated market maker is a pool of assets that traders swap against. People who deposit into the pool are called liquidity providers, and they earn a share of the fee each time someone trades through it.
The video stresses that this happens on the ledger itself, with “no bridge, no wrapper, no middleman.” It plays clips it attributes to former Ripple CTO David Schwartz. In the first, the speaker calls the XRPL AMM “a true innovation” and describes the ledger’s decentralized exchange, launched in 2012, as the first DEX in the world. That clip refers to “soon the AMM,” so it was recorded before the March 2024 launch. Schwartz has since stepped back as CTO and is now CTO emeritus and a Ripple board member. A second clip says the AMM benefits liquidity providers, “the people who sort of take their assets and give them to the DEX.”
The host adds that no protocol team takes a cut. What the video does not explain is that each XLS-30 pool holds two assets, so a deposit is exposed to price moves in both. The fees are paid in exchange for taking on that exposure.
Pipe 2: What is FXRP on the Flare network?
FXRP is a token minted on the Flare network when XRP is locked up. The video describes Flare as a smart contract chain built to connect XRP to decentralized finance, and says FXRP can be used in lending pools, vaults and AMMs across Flare.
The video makes two claims about scale:
- Flare had crossed “$100 million” of productive XRP earlier this year. Reports from February 2026 describe that milestone as about 100 million FXRP tokens rather than $100 million, so the video’s figure looks like a mix-up of units.
- Flare’s CEO, Hugo Philion, aimed for 5 billion XRP on Flare by the middle of this year. That mid-2026 deadline has now passed. We could not confirm a reliable current figure, but nothing we found suggests the target was met.
Unlike the native AMM, FXRP is a token representing XRP on another chain. You rely on the system that locks your XRP and on each Flare app you use it in. Our guide to five questions to ask about wrapped XRP yield covers what to check.
Pipe 3: How does RLUSD earn yield on Soil?
Soil is a protocol built by ORQO Group that launched on the XRP Ledger in February 2026. Users deposit Ripple’s RLUSD stablecoin into fixed-yield vaults backed by private credit and Treasuries. The video says you only have to hold RLUSD to earn income. That is not how Soil works: RLUSD sitting in a wallet earns nothing on Soil, and the yield comes from depositing it into a vault.
The video describes RLUSD as fully backed and regulated under the New York Department of Financial Services (NYDFS). It says RLUSD crossed $1.75 billion “in total value locked” within 18 months. For a stablecoin, the usual measure is market cap, meaning how many tokens are in circulation. RLUSD’s market cap was about $2.5 billion in late September 2026.
The video also claims your “XRP bag never moves” with this pipe. That only holds if you already have RLUSD. To use XRP you own, you would first have to swap it into RLUSD, which means selling XRP for dollars. A wallet partner’s blog says Soil also accepts XRP deposits, but we could not confirm this, so check Soil’s own documentation. Our explainer on how RLUSD differs from XRP goes into the difference.
Pipe 4: What does Hidden Road have to do with XRP yield?
Hidden Road is the prime brokerage firm Ripple bought for $1.25 billion. The video says the price was paid in “cash and stock”. Deal coverage says it was mostly cash, plus XRP and stock. The purchase closed on October 24, 2025, and Hidden Road now operates as Ripple Prime. A prime broker, as the video explains, is back-end plumbing that lets banks, hedge funds and family offices move money, borrow against what they hold and earn yield on those holdings.
The video plays clips from Garlinghouse’s Fox Business appearances. The clips appear to be spliced from more than one interview, and the video does not date them. In one, the anchor says Ripple has spent about $3 billion on acquisitions since 2023, covering custody, prime brokerage, treasury management and stablecoin payments. Garlinghouse says Ripple is seeing demand from treasury offices and around prime brokerage services to provide liquidity. In another, he says JPMorgan’s Jamie Dimon has gone from saying “very negative things” about crypto to “some pretty constructive things.”
That relationship has shifted since. In a June 11, 2026 Fox Business appearance, Garlinghouse accused Dimon of “intentional misrepresentation” over the CLARITY Act.
None of this is a yield product for an individual holder. It describes Ripple’s business. Whether Ripple’s growth reaches XRP’s price is a separate question, covered in our piece on what Ripple Prime means for XRP’s price.
Pipe 5: Is Fortune 500 treasury money coming to XRP?
The fifth pipe is not a product either. It is the video’s argument that big companies will move idle cash onto the same on-chain rails. In a Fox Business clip, Garlinghouse says GTreasury, now called Ripple Treasury, orchestrated about $13 trillion of payments last year. He says “zero of those payments were crypto-enabled” and none were stablecoin-enabled. He also says hundreds of billions of dollars sit “dormant” in accounts paying about 10 basis points, which is 0.1% a year.
In a CNBC clip, Garlinghouse puts the stablecoin industry at about $250 billion and says many people think it will reach $1 trillion to $2 trillion in a handful of years. The video does not say when the clip was recorded, so the $250 billion figure may be out of date. The CNBC segment also describes Ripple as building bridges between traditional and decentralized finance and says “the world isn’t going to be taken over by crypto.” The transcript does not make clear whether Garlinghouse or a narrator speaks those lines.
The host’s conclusions go further than any of these quotes. The video calls the $13 trillion figure a “confession.” It says corporate treasuries are “about to hook into” XRP’s rails, and that early retail money “gets paid the most” before yields fall. These are the video’s interpretations and amount to speculation, not anything Garlinghouse said.
The five pipes side by side
| Pipe | What it is | Can an individual use it directly? | What you hold |
|---|---|---|---|
| XRPL AMM (XLS-30) | Native pool that pays trading fees | Yes, live since March 2024 | A share of a two-asset pool |
| Flare FXRP | XRP locked, FXRP minted for Flare DeFi | Yes, per the video | FXRP on another chain |
| RLUSD on Soil | Fixed-yield vaults for RLUSD deposits | Yes, by depositing RLUSD in a vault | RLUSD (dollars) in a vault |
| Hidden Road (Ripple Prime) | Ripple’s prime brokerage purchase | No, it serves institutions | Nothing new |
| Corporate treasuries | Companies moving idle cash on-chain | No, it is a demand thesis | Nothing new |
A checklist before putting XRP to work
These are the questions Bullrunners suggests answering before using any of these routes:
- The pool. Which two assets are in it, and are you comfortable holding both?
- The vault. On Flare or Soil, which vault are your funds going into, who runs it, and what backs the yield?
- The smart contract. Has the code been audited, and does it have a track record?
- The amount. How much of your holding, if any, are you comfortable exposing to these risks? That is a personal decision, and holding XRP in your own wallet is also an option.
- The asset you end up holding. Do you still hold XRP, a token representing XRP, or dollars?
Any yield figure you see quoted is not typical and is not a promise.
What to watch next
For Flare, the mid-2026 target has passed. Look for current FXRP supply figures from Flare and any revised goal its CEO announces. For RLUSD, track its market cap and the terms of Soil’s vaults, including what backs them and whether XRP deposits are accepted. For Ripple’s institutional side, watch whether Ripple Treasury and Ripple Prime start reporting stablecoin or crypto-enabled volume. Garlinghouse said that figure was zero last year.
Frequently asked questions
Can you earn yield on XRP without selling it?
The video says yes. It names the XRP Ledger's built-in automated market maker (AMM), where liquidity providers earn trading fees, and minting FXRP on the Flare network for use in lending pools and vaults. Each route carries its own risks, including smart contract risk and exposure to the other asset in a pool.
What is the XRPL AMM?
It is an automated market maker built into the XRP Ledger through the XLS-30 amendment, live on the main network since March 2024. Holders deposit assets into a two-asset pool on the ledger and earn a share of the fees each time someone trades through that pool.
What is FXRP on Flare?
FXRP is a token minted on the Flare network when XRP is locked up, and the video says it can be used in lending pools, vaults and AMMs across Flare. The video says Flare passed '$100 million' of productive XRP, but reports from February 2026 describe the milestone as about 100 million FXRP tokens.
Does Ripple's Hidden Road deal pay XRP holders?
No direct payment to holders is described. Ripple bought prime broker Hidden Road for $1.25 billion, paid mostly in cash plus XRP and stock. The deal closed in October 2025 and the firm is now called Ripple Prime.
How big did the video say the stablecoin market could get?
In a CNBC clip shown in the video, Ripple CEO Brad Garlinghouse puts the stablecoin industry at about $250 billion. He says many people think it will reach $1 trillion to $2 trillion in a handful of years. The video does not say when the clip was recorded, so the $250 billion figure may be out of date.
Full video transcript
From the video's captions, lightly formatted. Captions can mishear names and numbers, so check figures against the article above.
Stop selling your XRP. The biggest XRP holders on Earth are not selling theirs right now. They are parking it in five yield pipes. Ripple just finished building now. Most XRP holders have no idea these pipes are even live yet.
And I have been inside the XRP yield world for over 3 years now. And I want to walk you through the exact thing that Smart Money is doing with their bag. And they are getting paid on it forever without ever selling a single coin. Now, by the end of this video, you will know all five pipes that pay XRP holders a check every single month without selling. You will know which ones are live right now, and you will see the clip where the Ripple CEO confirmed this whole play live on Fox Business.
Just listen to what he had to say. G Treasury is the name of the company, now called Ripple Treasury, but they processed about or orchestrated about 13 trillion dollars of payments last year. Zero of those payments were cryptoenable. Zero of those payments were stable coin enabled.
Now, that is not a price prediction. That is a $13 trillion confession. So, if you're feeling bullish, like this video. And if you're going to become the first millionaire in your family tree, confirm it right now by subscribing to the channel and commenting 777 below. Let's jump straight into it. [music] All right, Bunners.
Welcome back to the channel. So, here is what I want you to understand before we go any further. For a decade, the only way to make money on your XRP was to sell it. There was no yield on the XRP ledger and there was no lending. There was no AMM and there was no stable coin.
There was nothing your bag could do. So, you bought your XRP and you sat there and you waited. And when it moved, you dumped some just to pay the rent. And that was the whole playbook for 10 years. Meanwhile, the Ethereum guys were farming yield.
The Salana guys were staking. And even memecoins had liquidity pools paying people. And your XRP sat there doing nothing. Every single crypto expert on YouTube told you the same thing. Sell at.70.
Sell at a dollar. Sell before the sideways year. But here is what they were not telling you. Ripple has been quietly building a fivepipe yield machine under your feet this whole time. And right now all five pipes are live.
So I'm going to walk you through every single one of them. Pipe one is the native XRP AMM. So Ripple pushed an amendment to the XRP ledger called XLS-30. It turned the ledger itself into an automated market maker. Now what does that mean in plain English?
You park your XRP into a pool directly on the ledger. No bridge, no rapper, no middleman. And every time somebody trades through that pool, you earn a fee. And here is the former Ripple CTO David Schwarz explaining what the XRPL AMM actually is in plain English. Just listen.
Um, this is a true innovation. The XRP ledger is a trusted and leading enabler of DeFi because the underlying architecture of the ledger combined with the protocol native design of the decentralized exchange and soon the AMM will address most of the pain points faced in the decentralized liquidity landscape today. The XRPL's DEX was launched in 2012, the first DEX in the world, tokenization of any asset, the ability to trade and move these tokens anywhere in the world in just seconds and open globally competitive liquidity.
Got it. The AMM is built into the ledger itself. And here is Schwartz again who actually gets paid when it runs. Listen to what he had to say next.
So the it provides benefits for all of the different stakeholders, the liquidity providers, the people who sort of take their assets and give them to the DEX. Now, do you feel that there is no protocol team taking a cut and there is no middleman skimming off the top? Just you, the depositor. And 99 out of 100 XRP holders have no idea this pool is even running. Pipe two, Flare network and the FXRP token.
So Flare is a smart contract chain that was built specifically to plug into XRP through DeFi. You lock up your XRP, you mint a token called FXRP, and then you can use the FXRP inside lending pools and vaults and AMMs across the whole Flare ecosystem. And this is not some tiny experiment. By earlier this year, Flair had already crossed $100 million of productive XRP sitting inside their system. And the Flair CEO is now publicly aiming at 5 billion XRP on Flare by the middle of this year.
5 billion XRP earning yield on one chain. And that is pipe number two. Pipe number three is RLUSD and the soil yield protocol. So, Ripple built its own stable coin. It's called RLUSD, which you'll probably already know.
It is fully backed. It is regulated under New York DFS, and within 18 months, it crossed $1.75 billion in total value lock. But here is the part that matters for your bag. A protocol called Soil went live on the XRP ledger. It pays yield on RLUSD directly.
All you have to do is hold the stable coin and you earn income and your XRP bag never moves. Now, pipe number four, Hidden Road. So, last year, Ripple did something most XRP channels completely just glossed over. They bought a prime brokerage firm called Hidden Road for $1.25 billion. Cash and stock.
Yep, you heard me right. 1.25 billion. But let me break down what a prime broker actually is. A prime broker is a back-end plumbing that lets banks and hedge funds and family offices do three things. move their money around, borrow against the stuff they already hold, and earn yield on those holdings. So, read that back to yourself.
Ripple just bought the plumbing that that lets Wall Street earn yield on XRP. Now, watch this Brad Garlinghouse clip from Fox Business.
Let's go back to the acquisitions that Ripple has made, spending what, $3 billion on acquisitions since 2023. You've expanded into custody, Prime Brokerage, Treasury MA management, stablecoin payments. also launching a new treasury platform. How do you continue to scale this up? You had the $1 billion treasury deal aimed at deepening institutional integration. Brad, give us a sense of where the company goes next with all of these business.
$13 trillion. That is the number that walks through Ripple's pipes every year. And Brad was very clear about what is driving it. Listen to this.
We're seeing that from the treasur's office. We're seeing that around what we call prime brokerage services to provide liquidity. Uh, and you ripple partly through some acquisitions we did last year is in a really strong spot as we start the year.
Now, did you hear that prime brokerage liquidity acquisitions and here is Brad on why the big banks are suddenly playing nice with crypto?
The the the tides have changed significantly. And yes, Jamie Diamond has gone from saying very negative things to saying some pretty constructive things. I think as you zoom out and look over the next 10 years, that's going to continue.
Now, the tides have changed. Even Jamie Deon knows the fight is over. And that is pipe four. Pipe five is Fortune 500 money flowing in. So every one of those big companies is sitting on a treasury.
Billions of dollars cash parked in the bank earning almost nothing. Brad called this out on Fox Business 2. Just listen to this next part. It's
interesting. We see that portfolio and hundreds of billions of dollars are sitting dormant in you know a 10 basis point yield account that could do much better.
Hundreds of billions of dollars dormant earning 10 basis points. Now that is.1% a year. So those CFOs are now looking at the exact same yield rs you are about to look at and Brad confirmed that too. just watch
coins even if it's held in digital assets because as we've seen more and more companies are saying we want exposure to this asset class on our balance sheet and so seeing that all in one place being able to manage payments being able to hedge risk understanding liquidity getting yield because a lot of these it's interesting we companies want exposure on their balance sheet and when those companies move in they are going to use the same pipes we just walked you through the pipes you have access to today now why does the timing matter because Fortune 500 money is sitting inside these pipes. The yields come down. And that is how every market works. The first money in gets paid the most. The last money in just gets those scraps.
And right now, retail is early. In 12 to 24 months, retail will be late. So, let's just put this all back together. You have an XRP bag. You split it across these pipes.
Some of it goes into the native AMM for trading fees. Some of it gets minted to FXRP for vault yield on Flare. Some of it flows through RLUSD on soil for a steady stable coin check. And here is Brad on CNBC spelling out what Ripple is actually building for every one of those corporate treasuries. Just watch.
Ripple has been building bridges between traditional finance and decentralized finance. The world isn't going to be taken over by crypto. Instead, we think about how do we take the best of what crypto brings in facilitating faster, cheaper transactions and bring it to traditional finance.
Now, that bridge is the five pipes we just walked through, which means your XRP sits on the exact rails every corporate treasury is about to hook into. And here is the part that nobody is telling you. Your XRP is not a casino chip. It is a pension, a yield producing asset that pays you to hold it. And here is Brad on CNBC on exactly how big this stable coin pipe is about to get.
Just listen to this. So the the stablecoin industry is about $250 billion today. You know, many people think it'll be between 1 and two trillion in a handful of years. The growth behind it has been profound. We joined the market kind of late partly because we were using stable coins in our payment flows for our institutional customers.
250 billion going to 2 trillion. That is an eight times growth in one pipe. And every dollar that flows into RLUSD can root it into the yield rails right on top of it. So the earlier you plug in, the more the growth works for you, right? But here is the problem I need to warn you about.
Most XRP holders who try this on their own get burned. They pick the wrong pool. They mint FXRP into the wrong vault. they lose coin to a smart contract that they didn't vet or they leave half their yield on the table because they don't know which allocation works. Look, I've been doing this for a while now and I've seen too many XRP holders eat a loss trying to figure it out alone. So, let me just be straight with you here.
If you've been in XRP since 2018 or 2020, if you have watched your family roll their eyes every time XRP had a flat year, if you've been one dip away from selling the whole bag for years, I get it. I have been there, too. And I know exactly how it feels to watch the people with real money quietly set themselves up for a paycheck while retail panic sells the bottom. And that is exactly why we built the Altcoin Pro Accelerator. It is my team walking you line by line through every single one of these five pipes.
Which vaults are vetted, which protocols are safe, how much to allocate, and how to turn your XRP into an actual monthly check without ever selling a single coin. We have had members inside the accelerator for over 3 years now. One of the members is a guy named Brett. Brett had been holding XRP. The market had pulled back below his average cost and he was sitting on that bag upside down with no real plan.
Now, does that sound familiar? But Brett joined the accelerator. His coach, James Porter, walked him through exactly how to put his bag to work instead of letting it sit idle. Brett learned the pipes, and Brett learned how to open a yield position the right way. And today, Brett is earning over 50% annual yield on that one position with consistent returns, even in a bullish market, while his bag is still working for him.
Now, results aren't typical, so don't be typical. And if you have $50,000 or more in crypto and you want my team to walk through your bag with you, there is a link in the pin comment or description below. Book a free call and we will look at your position. We will walk you through which pipe fits your size and we will show you how to run it all without touching the coin. Now, crypto carries risk and past performance doesn't guarantee future results.
This is education, not financial advice. All right, bull runners. That is the fivepipe XRP yield breakdown. I will see you in the next one. As always, you know what to do.
Stay bullish. Peace. [music]
Education and commentary only, not financial advice. Crypto is volatile and you can lose money. Do your own research and speak to a qualified advisor before making investment decisions. Figures and quotes are as reported in the video on November 11, 2026 and may have changed since.


