THE BRIDGE CRYPTOCURRENCY
Outstanding news regarding XRP is on the verge of going viral online. If you are unaware, I would like to inform you that Google has named XRP as the World Bridge Currency. If you have any remaining doubts, just enter "World Bridge Currency" into the Google search bar to see what comes up. In the near future, it won't surprise us if XRP dominates all financial transactions. In an interview, the CEO predicted that by the end of the month, we should have a general picture of how this legal dispute is progressing and when to anticipate a settlement. There is no question that the situation will lead to a resolution or a victory for XRP.
According to watched.guru, who tweeted about Ripple's second wave of inventors, the NFT world has entered its next phase. Their objective is to add media and entertainment NFT projects on the XRP ledger. It is undoubtedly fantastic news for the XRP network and the coin itself since ripple recently revealed its second lineup of creator fund recipients. The fact that the dollar, the pound, and other currencies have been struggling on the market should be enough to alert you to the impending arrival of a new financial system. Cryptocurrency is being studied by other nations as a long-term solution with the potential to overhaul the whole financial system.
China, Russia, South Africa, Brazil, and India, together known as the BRICs, are abandoning the central banking system, which will mark the birth of CBDCs. When this occurs, these nations will have persuaded the entire world to switch to cryptocurrency. It's possible that XRP will stand at the center of everything. As the current "global bridge currency," XRP will serve as the foundation for the first CBDC's debut.
I believe that the CBDC can increase financial inclusion through programmability, which implies that it can permit governmental organizations and members of the commercial sector to develop smart contracts on certain warfare payments. CBDC may be carefully targeted for a wide range of users who can own it and use it as payment thanks to smart contracts. You must be aware that there are some financial system issues that CBDC cannot address since they are unrelated to technology. There are now about a hundred nations researching CBDC.
I don't like the idea of CBDC but lets just wait and see what the outcome will be. Thanks for sharing with us.