XRP As The World’s Leading Bridge Currency — German VC CEO Outlines The Possibilities | Bitcoinist.com

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP’s potential role as the world’s leading bridge currency is now in the spotlight following remarks from a prominent European venture capitalist. Oliver Michel, Chief Executive Officer (CEO) of Germany-based Tokentus Investment AG, has expressed strong confidence in the ability of crypto payment company, Ripple, to underpin the global financial system as central banks race to launch digital currencies

XRP As World Reserve Bridge Currency

In a video interview shared on X social media by crypto analyst JackTheRippler, Michel shed light on Ripple’s strategic role in the evolving global finance system. He primarily discussed how Ripple could establish XRP as a World Reserve Bridge currency. Designed to facilitate fast, low-cost cross-border payments, XRP has long been positioned as a neutral settlement asset capable of linking various fiat and digital currencies

Related Reading: Financial Expert Says This Move By JPMorgan Validates XRP As A Legitimate AssetMichel argues that as central banks accelerate efforts to implement Central Bank Digital Currencies (CBDCs) amid increasing urgency to stabilize economic systems, the world may have no choice but to rely on existing blockchain infrastructures like Ripple. He further emphasized that the pressure to act swiftly in the face of surging financial instability could push governments and institutions to adopt ready-made solutions, instead of investing time and resources into developing alternatives from the ground up

Currently, Ripple offers the necessary framework to facilitate seamless cross-border settlements and interoperability between diverse national currencies through the use of XRP. Michel suggests that when the moment of global financial alignment arrives, Ripple is poised to play a leading role. Its blockchain technology, combined with its partnership across banking and fintech sectors, places it in a favorable position to potentially establish XRP as the world’s bridge currency

This perspective aligns with Ripple’s long-standing ambition to replace SWIFT and serve as a bridge between digital and fiat currencies. As regulatory clarity improves, global adoption increases, and real-world use cases expand, Ripple and XRP are increasingly positioned to take on a pivotal role in global finance—an area that traditional fiat stalwarts have historically dominated

XRP’s Evolving Role In Global Payment And Tokenization

In other news, former BlackRock insider Edward Dowd shared a compelling perspective on how XRP and its ledger are becoming instrumental in the ongoing shift toward tokenized finance, particularly in the realm of hard assets like gold. During a podcast with Black Swan Capitalist, Versan Aljarrah, Dowd highlighted XRP’s growing importance in cross-border settlement infrastructure, acknowledging the altcoin’s assumed title as the “bankers’ token”.

Related Reading: Expect A “Biblical Move” Off This Formation; Analyst Tells XRP InvestorsThe conversation centered on whether there is a strategic roadmap for tokenizing hard assets with digital networks using technologies like XRP. Dowd responded affirmatively, citing the broader movement to tokenize everything. Notably, real-world assets like gold are natural candidates for tokenization due to their universal acceptance and tangible backing. XRP, with its established cross-border payment capabilities and real-time liquidity features, is uniquely positioned to support this development.

XRPXRP trading at $3.13 on the 1D chart | Source: XRPUSDT on Tradingview.comFeatured image from Getty Images, chart from Tradingview.com Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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