WORLD BRIDGE CURRENCY

There is outstanding news about XRP that is almost breaking the Internet. If you don't know already, I will like to let you know that XRP has just been branded the term World Bridge Currency by Google. If you are still doubting, you can simply type in the term World Bridge Currency on the Google search engine and see what will happen. We won't be surprised if XRP becomes the center of all financial transactions in the coming future. The CEO said in an interview that by next month, we should have a rough idea of how this court case is going and when to expect a settlement. No doubt that is the case will end up in a settlement or a win for XRP and it is because if Ripple didn't expect a win in this case, they won't have continued their day to activity.

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Ripple has begun the next wave in the NFT world and it is according to watched.guru who tweeted about Ripple's second wave of creators. Their goal is to bring entertainment and media NFT projects to the XRP ledger. Recently, ripple announced its second lineup of creator fund recipients, it is certainly good news for the XRP blockchain and the coin itself. Something should tell you that a new financial system is on its way because the dollar, pound, and other currencies as been having a hard time in the market. Other countries are looking into crypto as a long-lasting solution and it has the potential to transform the whole financial system.

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The BRICs nations which include China, Russia, South Africa, Brazil, and India are leaving the central banking system and this will be the beginning of CBDCs. When this happens, these countries will have convinced the whole world to move to crypto. There is a potential that XRP will be at the center of all this. Because XRP is now termed the world bridge currency, it will be the platform that will help to launch the first CBDC.

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I think the CBDC can improve financial inclusion through programmability and that means it can allow government agencies and private sector players to create smart contracts on specific warfare payments. With the help of smart contracts, CBDC can be precisely targeted for many different people who can own and use it for payment. You must know that CBDC can't solve every problem in the financial system, there is some aspect of the financial system that has nothing to do with technology. Right now, there are about a hundred countries that looking into CBDC.