A recent statement by Versan Aljarrah, co-founder of Black Swan Capitalist, emphasized the significance of XRP and gold in this transition. In a post on X, Aljarrah stated: “If you haven’t figured out that Gold and XRP are the two most critical pillars of the new monetary system, then you don’t know a damn thing about what’s coming.” This bold assertion has sparked discussion among crypto investors and enthusiasts. Many within the XRP community have long speculated about its eventual widespread adoption and integration into global financial systems . However, frustration is evident among long-term holders, with one commenter remarking , “Most of us are getting impatient after holding for all these years.” XRP broke out of a multi-year consolidation in late November, culminating in a multi-year high of $3.39 in mid-January. Things took a turn when tariff threats made by the Trump administration pushed the entire market down , sending XRP below $3 and shaking the confidence of some investors who were excited about the digital asset’s future. However, others believe political and economic shifts are paving the way for significant financial restructuring. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 XRP’s Role in a Digital Financial System XRP has been at the center of discussions regarding cross-border payments, liquidity solutions, and financial interoperability. As a digital asset powered by the XRP Ledger (XRPL), it is designed for fast and low-cost transactions, making it appealing to financial institutions and banks. Some proponents argue that XRP and other digital ledger technology (DLT) assets, will enable the rapid movement of commodities like gold and silver across financial networks, creating a bridge between traditional financial markets and emerging digital economies. XRP and XLM have been pushed as the leaders of the financial revolution and the backbone of a new two-tier monetary system with XRP leading the charge. Alongside XRP, gold remains a trusted store of value, particularly in times of economic uncertainty. Some investors are hedging their bets by accumulating both assets. A community member expressed confidence in this strategy, revealing that he recently purchased more gold and XRP. As central banks and governments move toward asset-backed digital currencies, XRP, and gold will have critical roles in ensuring financial stability. 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 Like Gold, XRP Addressed As Critical Pillar of the New Monetary System appeared first on Times Tabloid .
