Ripple Rumors: Close Link With Central Banks Around The World?
Ripple has been working hard these days to boost the whole XRP ecosystem and also to push the mainstream adoption of the digital asset XRP.
Rumors about a link between Ripple and central banks
Brad Garlinghouse posted a tweet of the head of the EU central bank, Christine Lagarde – this was able to rekindle old rumors of a close relationship between Ripple and central banks around the world.
As the online publication, Crypto News Flash noted, Lagarde responded in a tweet on 2 September to a tweet from Ursula von der Leyen, head of the European Commission.
In the tweet that we mentioned above, Lagarde was explaining that the two has exchanged opinions on the issues for Europe’s quick recovery from the pandemic and the ways in which to make economies of European countries more resilient in the future.
As the online publication mentioned above noted, Lagarde made three demands in her tweet:
“I enjoyed marking “la rentrée” with Ursula @vonderleyen and Commissioners. Here @ecb we see a twin challenge: shoring up our economies for the short-run and planning for the future economy. #NextGenerationEU provides a bridge between them.”
Now we need:
– Faster digital transition
– Climate protection as a priority
– Completed banking union and capital markets union, backed by cutting-edge payment systems
— Christine Lagarde (@Lagarde) September 2, 2020
It’s important to note the fact that this tweet triggered a massive response in the XRP community and people came up with the RippleNet or XRP as the best solution.
It’s also worth noting that all three of Lagarde’s demands are features of the RippleNet or XRP Ledger, and Ripple is addressing them all the time.
Anyway, regarding the price of the digital asset XRP, at the moment of writing this article, the coin is trading in the red just like most other cryptos and it’s priced at $0.245649.
Garlinghouse is both the CEO and Chairman of Ripple Labs. This year, Ripple surpassed 300 partners, including over 115 banks worldwide. Having launched On-Demand Liquidity (ODL) for cross-border payments, Ripple now has more than 20 partners using XRP for ODL, including Moneygram, Western Union, and American Express.
CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.
Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.