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DreXRP

Saudi/UAE Digital Currency Goes Live in Q1

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11 hours ago, hallwaymonitor said:

Looks like you were right about this, @OzAlphaWolf. Shared CBDC indeed. Is there a limit how many member countries can implement successfully jointly developed shared CBDC backed by the member country FIATs? 5 memebr countries? 100? I mean could IMF just decide to create new shared CBDC for all countries in the world backed by FIAT? I'm afraid they are going to try something like this before they even consider to use XRP.

Look at all the issues with the Euro and the underlying instabilities. Multiply that across the world. What you're talking about is ultimately a one-world currency. But the world isn't ready for that yet. XRP will have a role to play for awhile and I still think it has the best shot at becoming the global bridging currency.

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Even if it doesnt use XRP this is still good. Central Banks using Ripple's Technology gives Ripple so much credibility. People could end up fomoing into xrp because of that. Many companies might want to Partner with Ripple.

Edited by Zerp_Legend

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