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.
Meta Retreats from Metaverse with Major Cuts and A Pivot to AI
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Fail Better Trading Tech to Tackle Industry Risks
Fail Better Trading Tech to Tackle Industry Risks
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
