There are speculations that Michael Saylor might be paying more attention to XRP as Ripple's technology sees increased adoption. These topics were discussed on the Working Money Channel.
The Role of Stablecoins in International Trade
The host of the Working Money Channel explored the connection between tariffs and stablecoin legislation in the US. As costs of cross-border trade rise due to tariffs, the demand for more efficient payment solutions becomes more apparent. Stablecoins could offer faster and cheaper alternatives to traditional banking systems.
Utah's Move into Digital Assets
Michael Branch reported on Utah's plans to become the first US state to adopt Bitcoin as a reserve. The bill, which has received overwhelming support, would allow public funds to be invested in digital assets with market capitalizations exceeding $500 billion.
Global Adoption of XRP Technology
XRP technology is gaining recognition globally. Australia plans to release an AUD-backed stablecoin, AUDD, using the XRP Ledger and XDC Network. In Japan, an international remittance service using Ripple's technology is already operational.
Even though Michael Saylor remains committed to Bitcoin, the growing interest in XRP might influence his strategy. Changes in the digital space and new developments could lead even the most devoted Bitcoin advocates to reconsider their positions.
