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


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

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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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