Community Figure Says XRP Price Would “Explode” if IMF Adopts Token as E-SDR
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- UnknowDLT suggests Ripple must reduce holdings below 20% under CLARITY Act terms.
- Ripple currently controls approximately 42-50% of XRP’s 100 billion token total supply.
- CLARITY Act passed in July, establishes a 20% threshold for commodity classification.
Crypto analyst UnknowDLT has shared a theory linking XRP’s potential classification as an electronic Special Drawing Right to Ripple’s token holdings. The analyst suggests that once the CLARITY Act receives approval, Ripple must hold under 20% of XRP’s supply to avoid security classification.
According to UnknowDLT, Ripple could transfer a portion of its holdings to the U.S. government to achieve compliance. The analyst argues this would allow the International Monetary Fund to set XRP’s price, as the IMF can only adopt assets first adopted by nations. “XRP IS THE NEW E-SDR,” the analyst stated. He also predicted …
Read The Full Article Community Figure Says XRP Price Would “Explode” if IMF Adopts Token as E-SDR On Coin Edition.
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