XRP has the potential to be used by every government and bank in the world due to its fast, efficient, and cost-effective solution for cross-border payments.
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✩ CHAPTERS ✩
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00:00 XRP has potential for global government use, with Ripple already working with 500 organizations for its utility in payments.
01:41 XRP will be used by every government because it offers a fast and efficient solution for cross-border payments, addressing issues of speed, cost, AML, KYC, and sanctions checks.
04:56 XRP positioned for use by central banks for payments, tokenization, and moving value on blockchain and private ledgers, making transactions cheaper, faster, and more efficient.
06:39 Governments are interested in using crypto for instant value transfer, XRP's price is artificially low, but it will eventually be one of the top three cryptocurrencies used by governments worldwide.
08:15 XRP's utility and adoption by influential figures in the financial world could lead to significant price increase, as businesses and governments need to embrace disruptive technologies like XRP to reduce costs and expedite transactions.
10:06 XRP, XLM, and XT are being tested by central banks and are expected to have extreme value for settling liquidity needs between banks in real time, making banks excited about using XRP for global payments to stay competitive in the evolving crypto asset class.
11:50 XRP will revolutionize the financial system, working with institutions and positioned to be used by every government in the world.
13:38 XRP will be used by every government and bank in the world due to Ripple's technology solving liquidity problems and obtaining money transfer licenses.
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✩ DISCLAIMER! ✩
The information contained herein is for informational purposes only. Nothing in here shall be construed to be financial legal or tax advice. The content of this video is solely the opinions and information of our team who are not licensed financial advisors or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. We do not guarantee any particular outcome.
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