XRP

XRP (Breaking News) World Economic Forum Wants To Introduce XRP As Global Payment Currency





XRP (Breaking News) World Economic Forum Wants To Introduce XRP As Global Payment Currency

World Economic Forum Names XRP As Crypto Asset Most Relevant in Central Bank Digital Currency Space

The World Economic Forum (WEF) is looking at Ripple’s native currency, XRP, as the most relevant cryptocurrency in the emerging central bank digital currency (CBDC) space.

In a report published early this year, the WEF says that central banks and government agencies are looking at the potential of CBDCs to solve perennial global financial issues such as financial inclusion and the stability of payment systems. The Geneva-based international organization also made a clear distinction between CBDCs and cryptocurrencies.

“CBDC is a digitized version of sovereign currency, created and issued by, and a liability of, the country’s monetary authority. CBDC differs from other forms of digital or virtual currencies, including cryptocurrencies such as Bitcoin and ‘stablecoins,’ which are not issued by central banks or typically considered legal tender.”

Although the WEF is drawing a clear line between the two forms digital assets, it names XRP as the most relevant cryptocurrency in the wholesale CBDC space for intra or inter-bank payments and settlements.

What makes XRP different?
The important difference between the example above and Ripple is that with Ripple, trust relationships are automated on a blockchain that tracks all accounts, balances, and IOUs. This blockchain is the Ripple Ledger. Every participant in the network who can send transactions and/or holds XRP is defined as an account.
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7 comments

  1. I need the source. Many of us can imagine the intention is to use xrp. But to claim it as a fact of matter is not honest. Nobody knows and I couldn't find any quote by Schwab or the WEF forum claiming so openly. Not yet. If I'm wrong, please share the source that probe it true.

    Reply
  2. stop giving false hope to ppl.. XRP will never make it to more then .60 even if they win the case

    Reply
  3. If that was the truth it would be already flying!

    Reply
  4. 0:49
    vor.gen.in

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  5. 0:20
    bed.in.net

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  6. I got 2btc from @hackerthomas on telegram today so happy with your work sir ……

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  7. Most people don't understand the concept of "buying the dip" buying the dip is all about buying digital assets when their prices are down and selling off when the price rises just has the current market is down. Holding is profitable, although trading is far more profitable. I was able to grasp the knowledge of trading crypto assets early enough, but i was still limited due to my lack of technical understanding of how to analyse the digital market, all that changed when i encountered Derick Toms services., although I have been into numerous services but Derick Toms stands out with experience and expertise playing in his favour. I must confess it wasn't an easy task to learning the routes on trading but with the assistance of Derick it was more easier to understand, Here are his details on Tel- gram ( @DerickExpert) ) for his assistance on strictly crypto related concerns.

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