Trump's CBDC Ban Opens New Paths for RLUSD

user avatar

by Giorgi Kostiuk

2 years ago

The recent ban by U.S. President Donald Trump on the creation of central bank digital currencies (CBDCs) has sparked discussions within the crypto community. The focus is now on the role of Ripple's RLUSD stablecoin in the future financial system.

The CBDC Ban in the US

U.S. President Donald Trump signed an executive order banning the creation of central bank digital currencies in the country. This move has led to numerous discussions about the future of digital currencies in the United States.

Ripple and RLUSD Speculations

Leading crypto analyst Edoardo Farina speculates that the U.S. government could transfer Ripple's escrowed XRP into federal reserves, thereby taking control of the asset. Farina believes that RLUSD, launched in December 2024, could serve as a central currency while adhering to regulatory standards.

I speculate the Escrow is transferred to the U.S. stockpile, with the Gov. effectively taking control of XRP while maintaining regulatory oversight.Edoardo Farina

The Role of RLUSD: Overview and Prospects

Trump's ban on CBDCs leaves room for stablecoins like RLUSD to act as alternatives. Experts suggest that RLUSD might fulfill functions similar to a CBDC while operating within the private sector. Ripple's blockchain infrastructure, known for its speed and efficiency, plays an essential role in this approach.

With the recent ban on central digital currencies in the United States, Ripple's RLUSD might find a unique position in the market, combining private sector innovation with compliance with government regulation.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Binance Wallets Drained in Major Security Breach

Wallets linked to Binance were drained of at least $55 billion, raising concerns about the security of decentralized exchanges.

user avatarJesper Sørensen

Decentralized Exchanges Facilitate Fund Swaps in Binance Hack

Decentralized exchanges like Uniswap and Aave are being used to swap frozen stablecoins for Ethereum following the Binance wallet draining incident, complicating recovery efforts.

user avatarRajesh Kumar

Bron Joins Hashgraph Association's Global Membership Program

Selfcustody platform Bron has joined the Hashgraph Association's Global Membership Program to enhance its connection with the Hedera ecosystem.

user avatarLucas Weissmann

Bitwise Asset Management Raises Bitcoin Price Projection to $1.6 Million by 2036

Bitwise Asset Management has raised its long-range Bitcoin price projection to $1.6 million by 2036, reflecting significant growth expectations based on anticipated institutional allocations and demand for scarce assets.

user avatarFilippo Romano

Movantis Integrates Stellar for Enhanced Cross-Border Payments

Movantis and the Stellar Development Foundation announced on October 29 that Stellar will become a settlement option in Movantis' multirail payment network, focusing initially on USDC settlements for transfers from the US to El Salvador.

user avatarEmily Carter

Pontoro and Archax Introduce Automated Liquidity Pool on Stellar

Pontoro and Archax have launched an Automated Liquidity Pool on the Stellar network during Meridian 2026, combining liquid money market assets with private market fund exposure.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.