The post Can Ripple’s XRP Be A Gold-Backed Stablecoin? Black Swan Capitalist Predicts appeared first on Coinpedia Fintech News
High speculations have filled up the crypto community as Black Swan Capitalist Founder, Versan Aljarrah, has once again suggested that Ripple’s XRP may evolve into a gold-backed stablecoin, diverging from traditional USD-pegged stablecoins.
World Bank’s Classification
The debate gained momentum back in 2023 after the World Bank classified XRP as a stablecoin, sparking discussions on the future of cross-border payments and the potential for digital currencies to revolutionize traditional banking.
Former Ripple director Sean McBride’s comments added fuel to the fire, emphasizing the World Bank’s surprising classification and igniting conversations about XRP’s evolving role. He asks the community for insights, “Ripple has tons of capital. I’m super interested in your thoughts here, though. Why move away from XRP and its utility with progress be
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