SEC website posts document naming XRP as a strategic asset for U.S.
On Thursday, March 13, the Securities and Exchange Commission (SEC) website published a document titled ‘Comprehensive Proposal: XRP as a Strategic Financial Asset for the U.S.,’ immediately sparking interest and speculation. In five pages, the document presents a rough outline of how XRP might become a strategic tool in America’s financial arsenal while also proposing the role of several other cryptocurrencies. XRP as a strategic asset: The why In the first section, the document assumes that a government-level adoption of the token could release as much as 30% of the U.S.’ $5 trillion share of the global Nostro accounts – $1.5 trillion – and provide $7.5 billion in annual savings on transaction fees. Picks for you Tonkeeper Pro now supports USDT TRC20 tokens with no TRX required 24 mins ago ...