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World Bank, Federal Reserve, and BIS Documents Mention XRP
The tweet published by cryptocurrency commentator GA Spark has brought renewed attention to the role of digital assets XRP and XLM in global institutional discussions on cross-border payments. The post emphasizes that these two cryptocurrencies are explicitly mentioned in formal documents by the World Bank and other major financial institutions, including the Federal Reserve and the Bank for International Settlements (BIS).
The tweet highlights that the World Bank’s documentation on cross-border payments mentions both XRP and XLM. The analysis also includes U.S.-based financial giants such as J.P. Morgan, which has reportedly participated in joint research to enhance efficiency in wholesale cross-border payments.
Moreover, Ripple’s ties with various governmental and international bodies are discussed. These institutions include the White House, the President of the United States, the Vice President, the International Monetary Fund (IMF), and the World Economic Forum (WEF).
This article presents a series of institutional mentions and collaborations involving Ripple and XRP. It positions these references as evidence of broader acceptance or strategic positioning for XRP and its supporting infrastructure in the future of cross-border finance.
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.
Source: https://timestabloid.com/world-bank-federal-reserve-and-bis-documents-mention-xrp/
