Ripple Could Serve as the New Federal Reserve in the Emerging Financial System
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#eb220739 ver:0.29

The BRICS alliance is intensifying efforts to reduce reliance on the US dollar and establish a multipolar financial system. They aim to create a new global reserve currency, potentially leading to hyperinflation and job cuts in the US. The alliance is developing an independent payment system based on blockchain and digital assets, with Ripple potentially serving as the new Federal Reserve. The dominance of the US dollar is declining, and the BRICS alliance's de-dollarization initiatives could further erode its dominance. The goal is to launch a gold-backed currency to challenge the dollar by 2024. #BRICS #deDollarization #Ripple #USdollar...

#newstr #Brics #Dedollarization #Gold #Oil #UsDollar #BankingAndFinanceSector #Ripple #FederalReserve #XrpLedger 

 https://here.news/story/eb220739?ver=0.29