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XRP Documented for Major Asset Recommended for IMF By ECB President
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XRP Documented for Major Asset Recommended for IMF By ECB President
Crypto researcher SMQKE has shared documents suggesting that private sectors could issue a new Special Drawing Rights (SDR)-based digital currency on a Layer 1 blockchain such as the XRP Ledger. The material outlines how a blockchain-based version of the SDR could combine the IMF’s backing and the existing fiat basket model with the transparency and efficiency of distributed ledger technology. The documents describe the proposal as a way to mode…
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