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XRP Will Replace US$ as World’s Reserve Currency: Ripple CTO


by CoinEdition

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  • David Schwartz, the CTO of Ripple, believes XRP could emerge as the world’s reserve currency one day.
  • The tech leader believes that much of the world would be satisfied with a currency that no one controls as the world reserve currency.
  • Schwartz admitted that it was a wild-case scenario, but held hope at the same time.

In a recent Twitter Spaces titled “What’s Happening with XRP,” David “JoelKatz” Schwartz, the CTO of Ripple hypothesized a scenario wherein XRP could emerge as the world’s reserve currency.

Speaking about world reserve currencies, Schwartz stated that he believed that a lot of the world was done with the American dollar as the reserve currency. Schwartz argued that several countries were willing to try an alternative to the dollar. “One of my wild case scenarios for digit…

The post XRP Will Replace US$ as World’s Reserve Currency: Ripple CTO appeared first on Coin Edition.

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Coins

$ 1.38

-2.79%

$ 0.000161

$ 0.00...108


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In This News

Coins

$ 1.38

-2.79%

$ 0.000161

$ 0.00...108


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XRP Will Replace US$ as World’s Reserve Currency: Ripple CTO


by CoinEdition

Share:

  • David Schwartz, the CTO of Ripple, believes XRP could emerge as the world’s reserve currency one day.
  • The tech leader believes that much of the world would be satisfied with a currency that no one controls as the world reserve currency.
  • Schwartz admitted that it was a wild-case scenario, but held hope at the same time.

In a recent Twitter Spaces titled “What’s Happening with XRP,” David “JoelKatz” Schwartz, the CTO of Ripple hypothesized a scenario wherein XRP could emerge as the world’s reserve currency.

Speaking about world reserve currencies, Schwartz stated that he believed that a lot of the world was done with the American dollar as the reserve currency. Schwartz argued that several countries were willing to try an alternative to the dollar. “One of my wild case scenarios for digit…

The post XRP Will Replace US$ as World’s Reserve Currency: Ripple CTO appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 1.38

-2.79%

$ 0.000161

$ 0.00...108


Share:

In This News

Coins

$ 1.38

-2.79%

$ 0.000161

$ 0.00...108


Share:

Read More

Is $1.81 next for XRP’s price after 229M whale transfers test bull flag?

Is $1.81 next for XRP’s price after 229M whale transfers test bull flag?

Whale transfers have fueld quite a stir in the XRP market.
XRP Wave 4 Bounce Gains Steam — Final Shakeout Still Ahead?

XRP Wave 4 Bounce Gains Steam — Final Shakeout Still Ahead?

XRP is showing strength in its Wave 4 bounce following last week’s sharp sell-off. Wh...