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The Global Stablecoin that nobody is talking about is being built right in front of us on the Flare Network and XRP Ledger utilizing XRP value as collateral. Part One of a series. Diagram included explaining how FXRP becomes a collateralized debt position USF on Flare and USFX on XRP Ledger. Uses FTSO for pricing, and USFX on the XRP Ledger is fully trustless, overcollateralized, and decentralized. Will bring more liquidity to XRP Ledger. Use cases for tokenized assets, securities, commodities, cbdcs, gaming, and more. All the benefits of XRP, and you get all the benefits of a stable coin unit account, the US dollar, operating on the XRP Ledger. Smart Money. The Holy Grail.

Fact based video on what is being built and why.

David Schwartz Stablecoing Proposal Video October 2019
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Flare Network Blog on Decentralized Stablecoin Pre-Amble
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TrustLine App Overview
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Hi, I'm Mickey B. Fresh. My team and I are committed to your education and preparation for living in the world of XRP, FLARE, FLARE FINANCE, and the exploding world of Decentralized Finance (DeFi).

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This is not financial advice. Mickey offers NO FINANCIAL ADVICE. All content is copyright - Mickey B. Fresh.
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