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Ripple and XRP are Ready to Lead the New Global Currency System
In a recent post on X, investor and cryptocurrency analyst Nick Crypto Crusader shared that Ripple and its native currency XRP could lead to a transformative change in the international monetary system. In his post, accompanied by a clearly explained infographic about "The Upcoming Reset of the International Monetary System", Nick argues that Ripple's decades-long preparation process has positioned the company as the foundation of a digital financial revolution.
The infographic visualizes a hierarchical system involving the US, EU, and China, with XRP serving as a bridge currency. While noting the grand launch of the stablecoin RLUSD - currently processing over a million transactions a day - Nick mentioned that it has the potential to reach trillions of dollars per year. The tokenization of billions of dollars of asset managers with over $10 trillion in AUM, coupled with the adoption of a global stablecoin, further strengthens this case. Ripple's advantage lies in its vast network, partnering with over 100 banks and major companies like BIS, Accenture, and Finastra, connecting with more than 17,000 institutional clients. Analysts note Ripple's strategic acquisitions and integrations with companies like Volante and Thunes for this readiness. With all these factors in mind, Nick believes that XRP could challenge the dominance of the US dollar, echoing the IMF's 2025 analysis on the diversification of digital currencies. However, Ripple is not too far-fetched as there are many different challenges lurking. One of the main issues is regulatory scrutiny, considering the past disputes between the SEC and Ripple.