Fastest Growing Crypto CEO Predicts A Market Collapse | DSH #2032

Episode of Digital Social Hour · June 24, 2026 · 55 min

Sean Kelly interviews crypto wealth manager Jake Claver about XRP, stablecoins, the yen carry trade, a predicted stock market crash, AI trading, and the future of money.

Summary

Recorded at a Bitcoin conference, this Digital Social Hour episode featured host Sean Kelly and Jake Claver, whose SEC-registered wealth-management firm specializes in digital assets. Claver explained XRP's history and argued that the "banker's coin" label was accurate, saying he believed banks would eventually use XRP to settle cross-border transactions and that its price would need to exceed $50 to $100 per token to supply enough liquidity. He said XRP was his only crypto position, voiced skepticism about Tether's balance sheet, and described Paxos, USDC and RLUSD as stablecoins that institutions were comfortable with.

Claver said his firm grew from zero to about $1 billion in assets in roughly a year, which he called the fastest growth of any RIA. He described its institutional custody at Anchorage, its lending against crypto holdings, and his conservative approach to loan-to-value ratios and fund returns. He also discussed regulation, the tokenization of stock markets, and his view that the AI sector was in a bubble.

The central prediction of the episode was Claver's forecast of a 30% to 50% stock market drop within the year. He attributed it to the unwinding of the Japanese yen carry trade, accelerated by higher oil costs after the closure of the Strait of Hormuz. He also covered quantum-computing risks to early Bitcoin wallets, the Terra/Luna collapse, and AI-driven portfolio management. Toward the end he speculated about gold-backed bonds, a digital dollar with AI-directed allocation, income supplements resembling universal basic income, and a move toward technocracy.

Chapters

0:57
Introduction and Claver's crypto journey
Kelly welcomed Claver at the Bitcoin conference, and Claver described XRP's recent price action and his early crypto investments.
3:40
XRP history and the banker's coin
Claver explained XRP's origins and argued that banks would use it for settlement and that its price would need to reach $50 to $100.
9:20
All-in on XRP and stablecoin concerns
Claver said XRP was his only position, voiced doubts about Tether, and discussed stablecoin liquidity.
12:36
FTX, regulation and the Clarity Act
The pair discussed FTX's collapse, crypto pardons, and Claver's view of SEC/CFTC guidance and the stalled Clarity Act.
15:38
Building a billion-dollar crypto RIA
Claver described his firm's rapid growth, institutional custody at Anchorage, and services for older crypto holders.
19:33
Tokenized markets and the AI bubble
Claver predicted tokenized 23.5-hour stock trading and argued that AI stocks and the overall market were overvalued.
23:35
Yen carry trade and the predicted crash
Claver laid out his theory that the unwinding of the yen carry trade, worsened by the Hormuz closure, would cause a 30% to 50% market correction.
Linked moment · 32:05Skip to 32:05 using a listen link in the info box.
32:05
Payments, taxes and borrowing against crypto
The pair discussed XRP transaction throughput, capital gains issues with crypto payments, and conservative crypto-backed loans.
36:34
Quantum computing and Tether risk
Claver discussed quantum threats to early Bitcoin wallets, Satoshi's coins, and the lack of a full Tether audit.
40:06
Luna collapse, fund returns and AI trading
Claver recounted warning friends about Luna, explained his fund's fee structure and risk approach, and predicted AI-managed trading.
46:29
Gold, the dollar, UBI and technocracy
Claver speculated about gold-backed bonds, a digital dollar, AI-allocated income support, and governance by technocracy.
55:55
Where to find Claver
Claver promoted Beyond Broke, Digital Family Office, and Digital Wealth Partners.

Key points

What was said, by whom, with the exact words. Timestamps jump to the moment.

Jake Claver
Claver argues that XRP is the "banker's coin" and that banks will use it for cross-border settlement.
“And I would actually say, yes, it is the banker's coin. It's what banks are going to use to settle between counterparties across borders”
Listen from 4:47 · XRP
Jake Claver
Claver believes XRP must exceed $50 to $100 per token before it has enough liquidity for large-scale bank settlement.
“I think it needs to be north of $50 to $100 a token before there's enough liquidity in it for them to be able to start settling between counterparties”
Listen from 6:26 · XRP
Jake Claver
Claver says he moved his entire crypto position into XRP in mid-2022.
“But I consolidated my entire position to XRP in the middle of 2022”
Listen from 9:34 · XRP
Jake Claver
Claver expresses uncertainty about Tether's long-term future and questions its balance sheet.
“I don't know what's going to happen to Tether or USDT over the long term”
Listen from 9:46 · Tether (cryptocurrency)
Jake Claver
Claver predicts the Clarity Act will be delayed well beyond expectations because Congress does not understand the technology.
“I think the Clarity Act is going to get pushed out a lot further than people are hopeful for”
Listen from 15:13 · Stablecoins
Jake Claver
Claver says his firm grew from zero to about $1 billion in assets in roughly a year, making it the fastest-growing RIA.
“We're the fastest growing RIA in the world last year”
Listen from 16:27 · Digital Wealth Partners
Jake Claver Prediction · due Dec 2026
Claver predicts the stock market will be tokenized within the year and will move to 23.5-hour trading.
“The stock market's going to be tokenized this year. We're going to move to 23.5 trading”
Listen from 19:38 · Tokenization of securities
Jake Claver
Claver believes AI stocks are in a bubble and is waiting for a pullback before investing.
“I think we're in a bubble right now. I mean, NVIDIA just hit an all-time high today”
Listen from 21:50 · Artificial intelligence
Jake Claver Prediction · due Dec 2026
Claver predicts the stock market will fall 30% to 50% within the year.
“There's going to be a correction. I think we're going to see somewhere between 30% and 50% down in the stock market this year”
Listen from 23:47 · Stock market correction
Jake Claver
Claver says he predicted the Strait of Hormuz shutdown well before it happened.
“I called that about eight months, a year before it happened”
Listen from 24:25 · Strait of Hormuz
Jake Claver
Claver estimates that $10 to $14 trillion is deployed in the yen carry trade and argues its unwinding will pull money out of markets.
“There's tens of trillions of dollars, somewhere between $10 and $14 trillion currently out on that trade”
Listen from 25:09 · Yen carry trade
Jake Claver
Claver suggests that precious metals could fall sharply in the correction, to $50 silver and $2,200 gold.
“I think you could see $50 silver. I think you could see $2,200 gold”
Listen from 27:12 · Stock market correction
Sean Kelly
Kelly says he avoids selling crypto and instead borrows against his portfolio.
“That's why I don't sell my crypto. Yeah. I just take a loan out against my portfolio”
Listen from 35:46
Jake Claver
Claver says his firm typically keeps client loan-to-value ratios on crypto-backed loans between 10% and 30%.
“Most of the time, we're looking at like somewhere between 10% and 30% for most of our clients”
Listen from 36:23 · Digital Wealth Partners
Jake Claver
Claver argues that many blockchains need quantum-resistant upgrades by 2028 and expects Satoshi's Bitcoin to be moved.
“I think that they're going to need to upgrade a lot of these networks by 2028”
Listen from 36:39 · Quantum computing
Jake Claver
Claver says Tether has never been fully audited and that New York regulators obtained only a pie chart of its holdings.
“And the most they got out of them was a pie chart that showed what they had on their balance sheet”
Listen from 39:37 · Tether (cryptocurrency)
Jake Claver
Claver recounts warning friends against leveraged Luna/UST yield strategies before the collapse.
“I told everybody that came with me, I was like, I wouldn't play with that fire”
Listen from 41:39 · Terra (blockchain) collapse
Jake Claver
Claver argues that AI will outperform human quants at analyzing markets and rebalancing portfolios.
“I don't know that there's ever going to be a quant or a human that will be able to analyze things as quickly”
Listen from 45:02 · Artificial intelligence
Jake Claver Prediction · due Dec 2026
Claver predicts gold-backed bonds will return around the U.S. 250th anniversary this year.
“I think on the 250th anniversary this year, we're going to see gold-backed bonds again”
Listen from 49:03
Jake Claver
Claver predicts that people earning under $150,000 a year will likely receive government income supplements funded by AI-driven growth.
“I think if you make less than $150,000 a year, they're probably going to supplement your income”
Listen from 51:39 · Universal basic income
Jake Claver
Claver believes technology moguls are moving society toward a technocracy governed by experts.
“I think that that's what all of these, you know, technology moguls are moving toward is a technocracy”
Listen from 53:55 · Technocracy

People

In the conversation

Sean KellyHost of the Digital Social Hour podcast
Jake ClaverCrypto wealth manager and founder of Digital Wealth Partners and the Beyond Broke community, focused on XRP

Discussed

Sam Bankman-FriedFTX founder imprisoned after the exchange's collapse
Changpeng ZhaoBinance founder, imprisoned and later pardoned by Trump
Donald TrumpPresident of the United States whose conduct of the Iran war is the episode's main subject
Elon MuskEntrepreneur behind X, xAI and SpaceX, discussed in AI competition
Warren BuffettAmerican investor and chairman of Berkshire Hathaway
Satoshi NakamotoPseudonymous Bitcoin creator whose dormant coins were discussed
David SchwartzRipple technologist cited on quantum-computing key exposure
Jim RickardsAuthor cited for the "ice-nine" financial freeze concept
Judy SheltonEconomist cited on gold-backed bonds
Rosie RiosFormer U.S. Treasurer and Ripple board member
Paul AtkinsSEC chair cited on stock market tokenization
Andrew YangAmerican entrepreneur and universal basic income advocate

Topics

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Digital Social Hour · May 7, 2026 · 50 min
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From the publisher

| DSH #2032 Could XRP become one of the most important assets in the global financial system? In this Digital Social Hour episode, Sean Kelly sits down with Jake Claver to discuss XRP, Ripple, stablecoins, institutional crypto adoption, tokenized markets, custody, AI trading, the future of the dollar, and why he expects a major stock market correction. Jake explains why XRP is his only crypto position, why he believes banks may eventually use it for global settlement, and why its price would need to rise significantly before it could handle trillions of dollars in daily volume. The conversation also covers tokenized stocks, crypto custody, borrowing against digital assets, stablecoin regulation, quantum-computing risks, market crashes, inflation, gold-backed bonds, universal basic income, and the rise of AI-managed portfolios. Jake also shares how his wealth-management business grew from zero to $1 billion in roughly one year and explains how large crypto holders approach taxes, estate planning, risk, and long-term asset protection. CHAPTERS 0:00 XRP, the Market Crash, and Jake’s Billion-Dollar Growth 0:25 Jake Claver’s Crypto Journey and the XRP Opportunity 3:14 Why XRP Is Known as the Banker’s Coin 5:19 Banks, Liquidity, and the Case for $50 to $100 XRP 8:48 Why Jake Holds Only XRP 11:02 Stablecoins, Regulation, and Institutional Adoption 18:07 Tokenized Assets, Custody, and Digital Wealth Partners 23:34 Why Jake Predicts a 30% to 50% Market Correction 32:34 XRP Utility, Taxes, Loans, and Quantum Computing 42:22 AI Trading, Gold, the Digital Dollar, UBI, and Technocracy WHAT YOU’LL LEARN 🏦 Why Jake believes banks may eventually use XRP 💰 Why XRP may need a much higher price to support global settlement 📈 How tokenized stocks could reshape financial markets 🔐 Why custody matters for large crypto holders 🏛️ How regulation may affect XRP and stablecoins 📉 Why Jake expects a major stock market correction 🧾 How investors may borrow against crypto instead of sel…

Summary, chapters and key points were generated from the episode transcript on September 29, 2026. Quotes are checked word for word against the transcript.

Categories: Investing·Business News·Technology