XRP Complimentary To CBDCs & Stablecoins – Ripple Mentioned In IMF Docs – Flare XRP Spark Tokens

XRP contributes and is complimentary to the development of CBDCs and stablecoins says Emi Yoshikawa, senior director of global operations at Ripple. She stated that XRP does not compete either with central bank digital currencies (CBDC) or stablecoins. XRP serves as the bridge assets for both CBDCs and Stablecoins. RippleNet is mentioned in an August 2020 report titled “Financial Sector Assessment Program”. Folks can use Bitrue for Flare’s utility fork of XRP by claiming and distributing Spark tokens to their XRP customers when the fork takes place.

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Disclaimer – Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.



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