Ariel
@Prolotario1
I can not stress this enough. Once Iraq reinstates their currency on the Forex market everything is going to speed up. Things are already in a blitz formation. Once the ball snaps there will be no slowing down until the desired destination is reached. Everything. Everywhere. All at once.
The start of “The Storm” in my opinion officially starts with Iraq.
🚨BREAKING: Donald Trump signs a deal to integrate $68 billion worth of $XRP into the Federal Reserve and Treasury! pic.twitter.com/psikaDI9Rg
— CryptoGeek (@CryptoGeekNews) December 21, 2024
Not sure how accurate this news is. But I will say this in general If this turns out to be true. If XRP becomes a recognized reserve asset or part of international transactions, its liquidity will increase.
This should benefit the Iraqi Dinar, which is paired with XRP, by providing it with a more stable and liquid environment for trading.
We all know Iraq will also use their gold reserves to help stabilize the IQD as well.
This could lead to a more predictable exchange rate for the IQD in international markets, potentially reducing volatility and enhancing investor confidence.
Which was always the goal. Of course RLUSD will play a role in this given that it is a Stable Coin.
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Source(s):
https://x.com/Prolotario1/status/1870106755952259193
https://x.com/Prolotario1/status/1870119276981485979
https://x.com/Prolotario1/status/1870345452853268523
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