The national debt of the US has reached 36.2 trillion USD, which is 122% of its GDP. This growing debt comes with potential consequences like increased taxes and living expenses, driving people to seek alternatives such as cryptocurrencies.
Versan Aljarrah from Black Swan Capitalist suggests that XRP can serve as a transformative financial anchor. His proposal includes tokenizing gold and connecting it with Ripple’s RLUSD, aiming for more transparent debt management.
The tokenization of real-world assets is rapidly advancing, with on-chain value growth of 10.49% to 22.11 billion USD recently reported. Ripple’s RLUSD stablecoin has received approvals that could increase its utilization, indicating positive trends in cryptocurrency innovation.
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