📈A quick review of the seventh-largest #crypto exchange Ripple(XRP) with a present market cap of 16.23 bn.

🔸#Ripple is the #blockchain-based digital payment network and protocol with its own cryptocurrency called XRP serving over 3 mn users worldwide.

🔸Founded by Chris Larsen and Jed McCaleb in 2012 in San Francisco.

🔸Ripple’s net sales have increased from $491 mn (Q3 2021) to $717 mn (Q4 2021) and recorded a #revenue of $110.6 mn in FY 2021.

🔸Currently, it has a circulating supply of 45.40 bn #XRP tokens and a max supply of 100 bn XRP tokens.

🔸Ripple’s offerings include Cross-border payments, #CBDC solutions, On-demand Liquidity services, and much more.

🔸To launch the On-Demand Liquidity payment service in Brazil, Ripple partnered with Travelex and plans to open up even more payment avenues in the coming months.

🔸Ripple has raised $293.8 mn in #funding over 14 rounds and has made 25 #investments.

🔗 Read More : https://www.linkedin.com/feed/update/urn:li:activity:6968887644621590528

Hong Kong to Launch #CBDC!

Hong Kong Monetary Authority (#HKMA) is preparing to roll-out the “digital Hong Kong dollar”.

For the purpose of establishing a formal licensing framework for virtual assets, the government has proposed a draught proposal.

Despite positive #Ripple-SEC ruling, XRP lags in price; Rob Grant predicts crypto payments' widespread adoption.

Ripple anticipates major retailer accepting #crypto; #CBDC emergence in 2024 could reshape financial systems.
https://coinpedia.org/news/xrps-changing-landscape-2023-in-review-and-2024-predictions/

Donald Trump pledges to ban central bank digital currency(#CBDC) creation, citing it as a threat to America's development.

Vivek Ramaswamy, endorsing Trump, highlights Trump's stance against CBDC and sees 2024 as Trump's potential year. #CryptoNews

https://coinpedia.org/news/donald-trump-says-i-will-never-allow-the-creation-of-a-central-bank-digital-currency/

Source @RSBNetwork

During New Hampshire campaign, Donald Trump pledges to ban central bank digital currency, citing it as a dangerous threat.

Trump, joined by ex-candidate Vivek Ramaswamy, vows to prevent federal control over citizens' money.

The former president argues that CBDC creation poses a risk to freedom and privacy & he emphasizes the need to safeguard financial freedom by opposing CBDC.

#CryptoNews #CBDC #Cryptocurrency #Trump

#Ripple CEO Brad Garlinghouse hints at major 2024 developments, focusing on partnerships, acquisitions, and #CBDC innovation.

#Crypto's turning point with SEC's ETF approval signals potential influx of big companies into the space. #CryptoNews
https://coinpedia.org/news/is-ripples-ceo-brad-garlinghouse-hinting-at-a-big-crypto-boom-in-2024/

BREAKING : Trump Vows to Block #CBDC, Citing Dangers Revealed by Ramaswamy #uselections #Cryptocurrency #Cryptonews

🔵 President Trump pledges to prevent the creation of a central bank digital currency (CBDC) if re-elected.

🔵Vivek Ramaswamy, a #crypto-friendly former candidate, shared concerns about the dangers of CBDCs with Trump.

🔵 Trump emphasizes that a CBDC poses a significant threat to freedom, as it would grant the federal government absolute control over people's money.

🔵 He argues that such a currency could allow the government to take money without individuals being aware of it, making it a dangerous development for financial autonomy.

NZ Central Bank Chief: "Printing money for fools is a great business to be in" #CryptoNews

🔵 New Zealand Central Bank Governor Adrian Orr joked about the central banking system during a parliamentary meeting.

🔵 #Bitcoin advocates perceive truth in Orr's jest, emphasizing Bitcoin's independence from government manipulation.

🔵 The majority of the #cryptocurrency community sees central bank digital currencies (#CBDC) as potentially restricting #financial freedoms.

🔵 Adrian Orr expressed concerns about decentralized digital currencies like Bitcoin, emphasizing their perceived shortcomings as money.

XRP Ledger (#XRPL) celebrates over a decade, gains momentum after #Ripple's legal victory against SEC.

Messari's report shows #XRP's market cap growth, surge in #NFTs, sidechain innovations, and Ripple's #CBDC initiatives.
https://coinpedia.org/news/ripple-q4-2023-report-xrp-price-stellar-market-performance-post-sec-ruling/