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TimesTabloid 2025-01-26 04:56:01

Expert Opinion On How XRP and RLUSD Can Grow Despite Trump’s CBDC Ban

U.S. President Donald Trump recently signed an executive order officially banning the creation of Central Bank Digital Currencies (CBDCs) in the U.S. This decisive move has generated widespread discussion within the cryptocurrency community. Speculation about Ripple’s RLUSD stablecoin and its potential role in the financial framework has gained momentum, fueled by crypto commentators like Edoardo Farina, founder of Alpha Lions Academy. Ripple’s RLUSD and Federal Oversight Speculations Farina recently shared his views on X, proposing that the U.S. government could transfer Ripple’s escrowed XRP into federal reserves, effectively taking control of the asset. He argued that RLUSD, Ripple’s stablecoin launched in December 2024 , might serve as a central currency while adhering to regulatory standards. I speculate the Escrow is transferred to the U.S. stockpile, with the Gov. effectively taking control of $XRP while maintaining regulatory oversight. RLUSD becomes the CBDC. Chess, not checkers. — EDO FARINA 🅧 XRP (@edward_farina) January 23, 2025 One commenter echoed this speculation, stating , “Your speculation looks pretty good to me… Australia has had its CBDC set up for at least a couple of years, but has gone totally under the radar.” This highlights how other nations have approached digital currencies differently, creating a point of comparison for the U.S. financial strategy. However, considering Trump’s recent ban on CBDCs, he might have different plans for the U.S. crypto industry. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The Ban on CBDCs and RLUSD’s Unique Position Trump’s executive order banning CBDCs leaves room for stablecoins like RLUSD to act as alternatives. One commenter noted , “RLUSD will act as a central currency.” This perspective suggests that RLUSD could fulfill functions similar to a CBDC while operating within private-sector boundaries. This explanation also aligns with a recent analysis from Austin King, a former Ripple employee, who believes Trump will empower the private sector and companies like Ripple through his crypto initiatives. By leveraging its stablecoin, Ripple could bridge the gap between private innovation and government oversight. Ripple’s blockchain infrastructure, known for its speed and efficiency, may position RLUSD as a practical solution for governments seeking digital currency innovation without creating centralized government-issued digital currencies. This approach could align with the U.S. government’s objectives under the new executive order. Ripple’s emphasis on regulatory compliance, like RLUSD’s NYDFS certification, also serves as a strong foundation for the asset. Ripple’s partnerships with international financial institutions XRP and RLUSD and Ripple’s technology could potentially become critical components in the U.S. financial ecosystem. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Expert Opinion On How XRP and RLUSD Can Grow Despite Trump’s CBDC Ban appeared first on Times Tabloid .

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