So, here’s the latest plot twist in the world of global finance: it turns out Ripple’s role is way bigger than anyone thought. Hold onto your hats, folks, because BRICS nations are quietly, and I mean *quietly*, building on the XRP Ledger. No, it’s not a fan fiction. Versan Aljarrah from Black Swan Capitalist just spilled the tea, and guess what? It’s not just an afterthought. BRICS is actually serious about this whole cross-border payment thing. 🙄💰
BRICS Central Banks: The Secret XRP Superheroes
According to Aljarrah (no, not Jar Jar Binks), the central banks of BRICS countries, along with the New Development Bank, have been working with XRP Ledger for years. Like, YEARS. This isn’t a last-minute thing. It’s a long-term strategy. They’ve got the receipts-*actual* records that show Ripple’s been a key player in their financial plans since who-knows-when. Apparently, this is the future of smooth, easy, and oh-so-secure cross-border payments. 🌍💸
But here’s where it gets juicy: Ripple’s escrow system locks payments, then releases them *automatically*, like magic. Oh, and the automation tools? They make everything faster, cheaper, and cleaner than your last attempt at a DIY project. Sounds pretty good, right? Well, that’s exactly what BRICS is looking for. They want a financial system that doesn’t rely on the U.S. dollar. *Gasp!* How dare they. 😱
Aljarrah spills even more tea by pointing out that these references to Ripple in BRICS documents aren’t random. It’s part of a coordinated strategy. They’ve spent years testing Ripple’s tech. This isn’t some random fling; it’s a full-blown commitment. Like, “let’s build a financial empire without Uncle Sam’s permission” kind of commitment. Talk about low-key dominance. 😎💪
BRICS: Not Just Kidding Around With XRPL
So, here’s the kicker. This isn’t just some college project. Brazil’s central bank even published papers testing Ripple in distributed ledger systems. And in the private sector, Brazil’s already using XRPL for tokenization. So yeah, BRICS isn’t sitting around waiting for someone to hand them a solution. They’re out here doing the work and actively exploring Ripple’s tech. 💼💡
Before you get too excited, though, Aljarrah does remind us that not every country is ready to dump their entire financial system into Ripple’s lap just yet. BRICS is still in the “let’s see if this works for us” phase. But hey, the groundwork’s already been laid. Will they take the plunge into full adoption? The suspense is killing me. 😬🤷♀️
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2025-09-12 01:33