Coin

<ul>
 <li>XRP’s prominence soars as many countries look to ditch the U.S. dollar.&nbsp;</li>
 <li>Many member states of the BRICS now view the token as a viable payment option.&nbsp;</li>
 <li>Ripple says it is in talks with many countries who want to utilize its ledger for their CBDCs.</li>
</ul>
XRP, the fifth-largest cryptocurrency in the world, has seen renewed interest following the BRICS nations’ decision to ditch the US dollar for alternative payment systems. Crypto analyst A Chain of Blocks made this revelation in a <a href="https://www.youtube.com/watch?v=GBhSz88BuVQ" target="_blank" rel="noopener noreferrer nofollow">YouTube video</a> while discussing the recent activities of the BRICS nations.&nbsp;
According to the analyst, the BRICS nations, a group of countries formed to challenge the G7 nations, have reportedly taken advantage of the weakened U.S. economy. He continued that the dire economic conditions of the U.S. have driven the group’s popularity, with more countries now asking to join. As at the group’s last summit, over 20 countries, including Saudi Arabia and the U.A.E, have shown interest in becoming members.&nbsp;
As per the video, most member nations view XRP as a viable global payment option, which could power transactions between member states. Graham Bright, head of compliance and operations…
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/xrp-grows-in-prominence-as-brics-nations-look-to-ditch-the-us-dollar/">XRP Grows in Prominence as BRICS Nations Look to Ditch the US Dollar</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

XRP Grows in Prominence as BRICS Nations Look to Ditch the US Dollar

Coin Edition

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