Expert Pinpoints How RLUSD and XRP Could Transform Global Banking

In a recent tweet, Versan Aljarrah, founder of Black Swan Capitalist, proposed a bold vision for the future of the U.S. financial system, stating that the U.S. would formally introduce Ripple’s upcoming stable coin, RLUSD, as a solution to the current central banking crisis.

Aljarrah suggests that this initiative could gradually shift oversight of banking institutions from central banks to the U.S. Treasury, leading to a restructured global financial system that includes emerging economies and the BRICS alliance.

According to Aljarrah, this transition will see banks operating under Treasury-issued licenses, marking a significant transformation in global finance. XRP is expected to play a key role in this paradigm, facilitating faster and more efficient cross-border transactions.

RLUSD: Shifting Oversight to the U.S. Treasury

A fellow commentator, known by the handle HK, expanded on Aljarrah’s tweet, suggesting that RLUSD could represent a critical juncture for the international financial system.

By moving oversight from the Federal Reserve and other central banks to the Treasury, HK believes this model could lead to greater transparency, enhanced accountability, and a more unified economic policy focused on public welfare.

HK also pointed out that transitioning banks to Treasury licenses could mitigate systemic financial risks, aligning the U.S. financial system with global economic powers like BRICS.

He argues that by embracing emerging digital standards, the U.S. could foster a financial ecosystem better suited to a rapidly digitizing economy, with XRP serving as a fundamental asset in global payment networks.

A Government-Backed Stablecoin for a Tokenized Financial System

RLUSD, as proposed by Aljarrah, could represent a government-backed digital currency fully integrated within a decentralized ledger framework. Such a move would effectively redesign the relationship between the Treasury and financial institutions, empowering the Treasury to exert more direct control over monetary policies and financial stability measures.

This contrasts with the traditional role of central banks, which typically operate independently from government intervention in managing inflation, interest rates, and currency supply.

In support of this vision, Aljarrah shared a video by Gregory Mannarino, a well-regarded financial analyst often called the “Robin Hood of Wall Street.” Mannarino’s commentary, as highlighted by Aljarrah, aligns with the anticipation surrounding XRP’s potential in global finance.

Mannarino discussed the efforts of major financial institutions, such as the International Monetary Fund (IMF), World Bank, and the Bank for International Settlements (BIS), to transition towards a tokenized cross-border system.

He emphasized that these organizations are working to establish a framework where all assets, including commodities, equities, and currencies, are tokenized.

According to Mannarino, XRP could be a principal vehicle for facilitating the exchange and settlement of these tokenized assets, creating a unified, efficient financial landscape.

The proposed restructuring could redefine the role of XRP within global finance. As digital transactions and asset tokenization become more widely adopted, XRP’s utility in secure and rapid cross-border transactions positions it as an essential asset within this emerging financial framework.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

---

Follow us on Twitter, Facebook, Telegram, and Google News