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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 просмотров • 1 год назад •via X (Twitter)

Комментарии: 10

Фото профиля 𝙈𝙚𝙩𝙖𝙈𝙖𝙣 𝙓 ™
𝙈𝙚𝙩𝙖𝙈𝙖𝙣 𝙓 ™1 год назад

Are we investing and championing our own censorship and control?

Фото профиля JR’s Transport, LLC
JR’s Transport, LLC1 год назад

“ 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.

Фото профиля Norder Tor 🏁
Norder Tor 🏁1 год назад

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

Фото профиля Crypto_Greyhound
Crypto_Greyhound1 год назад

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.

Фото профиля SeanDii
SeanDii1 год назад

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.

Фото профиля John Ferguson
John Ferguson1 год назад

They will get there digital control wether CBDC or STABLECOIN

Фото профиля R e i t e r , Michael - Prussian Citizen
R e i t e r , Michael - Prussian Citizen1 год назад

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!

Фото профиля MondriaanX
MondriaanX1 год назад

its a TOOL of the EVIL WARMONGERS who control BANKING

Фото профиля Beastofasaiyan
Beastofasaiyan1 год назад

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

Фото профиля MR.MOON🃏孫悟空 🛡️🐵🏴‍☠️
MR.MOON🃏孫悟空 🛡️🐵🏴‍☠️1 год назад

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.👇

SMQKE

124,371 просмотров • 1 год назад

🚨NEW: Adam Curry nicely breaks down how Stablecoins work, Tether, and the likely future of the US Digital Dollar system. (Worth a watch if you don't know about this subject) "A stablecoin is a digital dollar thats pegged to the dollar so it's always a dollar. It's already being used all over the internet and the world. The only reason it's worth a dollar is because the stablecoin company that creates it has debt and paper to back it up. They buy America's debt, they buy treasury bonds or T-bills that pay a dividend that gives interest, and for each dollar they've bought in treasury they can create stablecoins. If you look at the company Tether they've bought more of the US debt than most countries. They have $160B worth of US debt. For each of those dollars they have a stablecoin. There's like 50 people in the company. They have $160B at 4% interest annually, they're making BANK just for holding this debt. I think that President Trump is very smart in seeing that we can flood the world with our stablecoin and we get a 2-for-1. We create a dollar of debt and we create another dollar that can be used all over the world as a reserve currency and that should result in some new monetary system that we need to come up with to have our dollar valued properly but also still remain the reserve currency and remain a strong export country. We don't make anything that we sell abroad, we can't all serve each other burgers and fries -- we have to build something. All of that went overseas. There's something big coming, and it has to happen. Trump is a meta guy. He's going to re-finance the country. It'll be digital and he Bitcoiners don't like this because they want Bitcoin to be the one currency that everyone uses but its now more like a digital gold that's much easier to move around. It's useful but it isn't money or currency the way it was originally intended -- but it is still very important and will be part of the US' strategic reserve. It looks to me like Stablecoins and Tether in particular will be the future of the US dollar payments. A lot of people on the right are afraid of being controlled on a grid because you can stop stablecoins -- but it seems there's no way of getting around some form of a digital dollar. I still like Bitcoin as a backup to protect from that control." Great breakdown Adam Curry - curryirc.com

Autism Capital 🧩

365,538 просмотров • 1 год назад