The plan advocates a crypto reserve, with Bitcoin as the primary asset and Solana and Cardano in supporting roles.
The proposal includes a 24-month rollout or a fast-track approach relying on executive orders.
FM
A new proposal by Maximilian Staudinger suggests using XRP
to unlock $1.5 trillion trapped in US banks' Nostro accounts. Nostro accounts
hold pre-funded money to facilitate cross-border payments. Globally, these
accounts contain about $27 trillion, with $5 trillion linked to American banks.
Meanwhile, the XRPUSD H1 chart shows the price is currently
near a level where it faced resistance twice. If this level continues to act as
resistance, intraday sellers could push the price lower.
This above is an advertisement by Utip
Proposal for XRP in Financial Transactions
Staudinger's proposal outlines XRP’s role in reducing
capital constraints in banking. He suggests that replacing traditional Nostro
accounts with XRP settlements would free up liquidity. This would allow the
government to redirect funds toward a national cryptocurrency reserve, Coinfomania
reported.
He proposes that Bitcoin be the primary reserve asset, with
Solana and Cardano playing secondary roles. However, he maintains that XRP
should be the primary tool for processing transactions due to its speed and
cost-effectiveness.
He also suggests that XRP could be integrated into US
government financial systems. This includes processing payments such as Social
Security and tax refunds. According to Staudinger, using XRP could accelerate
these transactions and lower associated costs.
XRPUSD, H1 Chart, Source: TradingView
Regulatory Challenges and Implementation Plans
Staudinger’s proposal faces regulatory challenges, as the
US Securities and Exchange Commission has not provided a clear
classification for XRP. Without this clarity, its use in government and banking
remains uncertain. Staudinger has called for the SEC to designate XRP as a
payment asset to support broader adoption.
The proposal suggests two possible implementation
strategies: a standard 24-month rollout requiring regulatory approvals and bank
integration or a faster approach within 6 to 12 months, relying on executive
orders and Federal Reserve involvement. While legal and regulatory barriers
remain, the proposal has prompted discussions on digital assets in government
financial systems.
Ripple Expands with New Partnerships, Custody Solutions,
and Strategic Moves
Michael Saylor, Executive Chairman of Strategy, recently
discussed cryptocurrencies' role in US strategic reserves. This follows an
executive order by President Trump, listing Bitcoin and altcoins like Ethereum,
XRP, Solana, and Cardano. In a Fox Business interview, Saylor addressed digital
asset regulation and suggested that XRP should be issued under a regulatory framework.
Ripple donated $100,000 in XRP to aid California wildfire
victims, supporting organizations like World Central Kitchen and GiveDirectly
via The Giving Block.
In Japan, Ripple expects banks to adopt XRP Ledger by 2025
for better cross-border payments. In DeFi, Ripple is working with Chainlink to
integrate RLUSD into Ethereum-based trading and lending applications.
A new proposal by Maximilian Staudinger suggests using XRP
to unlock $1.5 trillion trapped in US banks' Nostro accounts. Nostro accounts
hold pre-funded money to facilitate cross-border payments. Globally, these
accounts contain about $27 trillion, with $5 trillion linked to American banks.
Meanwhile, the XRPUSD H1 chart shows the price is currently
near a level where it faced resistance twice. If this level continues to act as
resistance, intraday sellers could push the price lower.
This above is an advertisement by Utip
Proposal for XRP in Financial Transactions
Staudinger's proposal outlines XRP’s role in reducing
capital constraints in banking. He suggests that replacing traditional Nostro
accounts with XRP settlements would free up liquidity. This would allow the
government to redirect funds toward a national cryptocurrency reserve, Coinfomania
reported.
He proposes that Bitcoin be the primary reserve asset, with
Solana and Cardano playing secondary roles. However, he maintains that XRP
should be the primary tool for processing transactions due to its speed and
cost-effectiveness.
He also suggests that XRP could be integrated into US
government financial systems. This includes processing payments such as Social
Security and tax refunds. According to Staudinger, using XRP could accelerate
these transactions and lower associated costs.
XRPUSD, H1 Chart, Source: TradingView
Regulatory Challenges and Implementation Plans
Staudinger’s proposal faces regulatory challenges, as the
US Securities and Exchange Commission has not provided a clear
classification for XRP. Without this clarity, its use in government and banking
remains uncertain. Staudinger has called for the SEC to designate XRP as a
payment asset to support broader adoption.
The proposal suggests two possible implementation
strategies: a standard 24-month rollout requiring regulatory approvals and bank
integration or a faster approach within 6 to 12 months, relying on executive
orders and Federal Reserve involvement. While legal and regulatory barriers
remain, the proposal has prompted discussions on digital assets in government
financial systems.
Ripple Expands with New Partnerships, Custody Solutions,
and Strategic Moves
Michael Saylor, Executive Chairman of Strategy, recently
discussed cryptocurrencies' role in US strategic reserves. This follows an
executive order by President Trump, listing Bitcoin and altcoins like Ethereum,
XRP, Solana, and Cardano. In a Fox Business interview, Saylor addressed digital
asset regulation and suggested that XRP should be issued under a regulatory framework.
Ripple donated $100,000 in XRP to aid California wildfire
victims, supporting organizations like World Central Kitchen and GiveDirectly
via The Giving Block.
In Japan, Ripple expects banks to adopt XRP Ledger by 2025
for better cross-border payments. In DeFi, Ripple is working with Chainlink to
integrate RLUSD into Ethereum-based trading and lending applications.
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
