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#Ripple’s stablecoin, #RLUSD, seems to function like a #CBDC, as it's essentially a tokenized form of the U.S. dollar, a liability of the Federal Reserve As a digital version of the dollar on the #XRPLedger, RLUSD could be serving the role of a CBDC without you even knowing

77,018 views • 1 year ago •via X (Twitter)

10 Comments

𝙈𝙚𝙩𝙖𝙈𝙖𝙣 𝙓 ™'s profile picture
𝙈𝙚𝙩𝙖𝙈𝙖𝙣 𝙓 ™1 year ago

Are we investing and championing our own censorship and control?

JR’s Transport, LLC's profile picture
JR’s Transport, LLC1 year ago

“ As long as I am president, there will never be a CBDC in America.” ~ @realDonaldTrump This election is for ALL the marbles. Your financial freedom is at stake.

Norder Tor 🏁's profile picture
Norder Tor 🏁1 year ago

No point calling something a CBDC when central banks are going away.

Crypto_Greyhound's profile picture
Crypto_Greyhound1 year ago

As I've said countless times. This is the first step to CBDCs. As with traditional currencies. They still have to be settled by off ramps from exchanges. Which is basically the same as we have. We need the currency already on the DLTs. That settle on the DLTs.

SeanDii's profile picture
SeanDii1 year ago

I believe it’s possible that when the new system is in place and we are using stable coins, they won’t allow us to buy fire arms in America anymore. They have been failing to ban firearms for decades but they will be able to control what we use our money for. Scary times ahead.

John Ferguson's profile picture
John Ferguson1 year ago

They will get there digital control wether CBDC or STABLECOIN

R e i t e r , Michael - Prussian Citizen's profile picture
R e i t e r , Michael - Prussian Citizen1 year ago

When everything is ready, GBDC will come into use. Forget everything else! Trump said it, :) let's wait until after the elections. You're doing a great job, thank you very much for everything!

MondriaanX's profile picture
MondriaanX1 year ago

its a TOOL of the EVIL WARMONGERS who control BANKING

Beastofasaiyan's profile picture
Beastofasaiyan1 year ago

I bet she still has a bank account 😂 I’m here to get wealthy I’m buying more xrp

MR.MOON🃏孫悟空 🛡️🐵🏴‍☠️'s profile picture
MR.MOON🃏孫悟空 🛡️🐵🏴‍☠️1 year ago

Bad marketing, shouldn’t have called it “CBDC” 😂

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‼️HOW RLUSD/XRP CAN HELP THE FEDERAL RESERVE WITH ISSUING THE DIGITAL DOLLAR‼️ Pay attention.🙇‍♂️ In the documentation below, you can see that it is possible for the United States CBDC to be ISSUED WITH STABLECOINS.😮‍💨 Though this idea has been speculated plenty on the exact arrangement or plans to launch a CBDC, this is the first clear documentation that has confirmed that private sector stablecoins can assist or possibly take the place of a digital currency overseen by the Federal Reserve.✅ Why would this arrangement make sense for the Federal Government? In the same document, it is explained further how the U.S. Dollar currently has dominance in the digital financial world as 85% of the U.S.-based stablecoins in circulation are concentrated in a handful of companies. Therefore, instead of creating an entirely new digital dollar system to monitor, with an official privately issued U.S. stablecoin, the Federal Government would only have to supervise the activities of a handful of regulated companies.👍 To further illustrate the role that RLUSD and XRP can have with issuing the U.S. Digital Dollar, here are two videos from the Federal Reserve’s own David Andalfatto. In those two videos, David confirms that the settlement of a digital dollar could be outsourced to a company like Ripple, which would use the XRPL for settlement. He also explains how Ripple can “complement the U.S. payments system.”🔒 With its own stablecoin (RLUSD), a scalable public blockchain (XRPL), relationships within the Federal Government, and access to global liquidity, Ripple is positioned for a major role in the development of the Digital Dollar for the U.S.💯 See for yourself.👇

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124,371 views • 1 year ago