Ripple XRP - U.S. Congress Purchases XRP at $10,000! Settlement Offer Details Unveiled!

as the United Kingdom Brazil Russia and India turned away from the US dollar China and South Africa worked with ripple labs to create a worldwide cbdc on The xrp Ledger important organizations like the convers treasury and the Federal Reserve are eager to use The xrp Ledger efficiency and potential for their financial platforms so it's not a surprise that they are integrating it into their system so soon in response to this Global change there have also been notable developments in Kate cod's legal landscape Ripple Labs has begun settlement talks with the SEC motivated by the growing interest from US government agencies and implementing the Ripple net system to facilitate payments the most recent breakthrough in one outcome of these talks is a settlement the settlement includes an offer to Ripple to pay $20 million for institutional xrp sales thereby ending the ongoing Ripple SEC legal action in the meantime well-known Private Financial instit tions like Black Rock Morgan JP Wall Street companies and Wells Fargo are actively accumulating xrp to take advantage of its potential rather than passively watching from the sidelines black Rock's recently disclosed study even goes so far as to claim that xrp is not a security and would be used for payments before we delve in please give it a firm click hit subscribe and turn on notifications to become a part of our community as more and more news surfac about the FED now payment services attempt to combine blockchain technology for Rapid Fiat and stablecoin conversion it is becoming clearer that the Federal Reserve intends to use xrp for the blockchain element of their fed now payment system this project is a big step forward on numerous occasions analysts and professionals connected to both the Federal Reserve and ripples have publicly acknowledge this partnership the FED now intends to collaborate with ripple a fine tech company known know for its expertise in crossb payments and open- Source distributed Ledger technology this is consistent with the larger Trend that the US is moving more and more toward Ripple for its Central Bank digital currency activities the National Bank of Georgia has chosen to collaborate with ripple labs for their entry into the cbdc digital currency Market it makes sense in light of these developments that analysts are estimating xrp's naked market price to be close to $10,000 this estimate is based on the sheer volume of transactions that xrp is anticipated to enable especially in its capacity as a member of the isda international swaps and derivatives Association where it is estimated to manage more than $12 cents quadrillion in transactions this level of transaction volume within a single organization increases xrp's potential value even further globally money begins to flow through xrp in light of these factors it's sometimes surprising to hear conservative estimates of xrp's value at mere dollars especially when its potential to reach $1,000 or more is being seriously considered by industry experts and enthusiasts alike Ledger the increasing adoption of xrp by various institutions and governments worldwide who are recognizing its efficiency in terms of cost and speed underscores this potential with a sheer number of transactions reaching over 9.4 billion EUR it is becoming more and more evident that xrp is becoming a major Global digital asset this suggests a considerable increase in xrp's valuation and acceptance even AI systems like GPT anticipate a significant rise in xrp's value predicting it to reach $5.50 the international swaps and derivatives Association Ida president has highlighted the critical signific of xrp in the financial sector in a matter of months according to the ISD xrp is necessary to facilitate over $1.2 trillion in derivatives transactions this backing puts Ripple in the same category as such behemoths as JP Morgan Black Rock and Goldman Sachs among others central banks are actively seeking to integrate xrp rather than simply purchasing it as an asset the banks are actively integrating The xrp Ledger into their International Payment Systems this is clear from the bank's extensive xrp Acquisitions since they consider xrp to be an essential instrument for the cbdcs they are creating as a result you'll see the updates instantly as a result of these advancements multiple central banks have approached Ripple with requests to construct their cbdcs on The xrp Ledger aiming to utilize Ripple for more effective and affordable Financial transactions later on we will provide a clip from the film that underscores this point analysts are modifying their predictions regarding the future value of xrp there is increasing agreement that xrp could rise above 1,250 in the next few months the next video's information will shed more light on why this could happen you heard correctly folks price increases are feasible and quite likely however before we get into the meting of today's exciting video bundle which includes reports and related documents as well as an astounding price prediction for xrp let's establish the scene in the next few weeks verified analysts and one prominent investment business are predicting that xrp's value will soar possibly reaching months and that it will make investors into millionaires in an extraordinarily short amount of time The xrp Ledger the world's most well-known public blockchain is ideal for digital currencies issued by by central banks due to its specific design for payments and currency issuance Ripple is an adaptation of this technology Ripple offers a private version that is customized specifically for central banks the integration of the public and private sectors will be essential to the development and Broad acceptance of cbcs the public sector which includes governments and central banks will Design and Implement policy though Setter is responsible for establishing the fundamental guidelines and putting into practice the essential functions for both wholesale and Retail cbdcs creative use cases will mostly develop in the private sector guys Ripple Representatives openly told you this to implement their cbdcs using The xrp Ledger many governments and central banks are actively interacting with the Ripple lab's development team this is consistent with the abundance of evidence indicating that cbdcs are increasingly working with Labs that involve some of the world's largest countries for example consider a recent according to the finbol news item a nation is developing its cbdc on The xrp Ledger upon deeper inspection the paper indicates that countries such as the Republic of palao which makes up over 15% of all countries worldwide may use The xrp Ledger as their cbdc platform Hong Kong Mongolia uguay Russia Japan leading this project project are New Zealand and the United Arab Emirates examining this shift more closely we expect xrp to serve as a facilitator for transactions worth approximately $1.2 quadrillion dollar necessitating a price point of roughly $110,000 per xrp currency not only is a $10,000 valuation for xrp realistic but it's also necessary even Ripple lab's co-founder Arthur Brian has stressed that xrp