Ben Armstrong, also known as BitBoy, suggested that significant announcements regarding XRP's role in the global financial system are expected soon.

Armstrong's View on XRP as a Global Reserve Currency

Ben Armstrong shared his opinion that while Ripple's connections and key role in the financial system are important, the XRP token is unlikely to become a world reserve currency. He noted that the BRICS Pay payment system might be more likely to achieve this status.

Anticipation of Major Announcements

Armstrong hinted at forthcoming announcements related to XRP, which might provide additional clarity on its role in the financial ecosystem. Despite differing views with other community members on XRP's role, they agree on the token's future success.

Significance of Ripple's Connections with Financial Institutions

A recent post played a crucial role in discussions about XRP's potential global adoption. The image shared by Edo Farina highlighted connections between Ripple executives and major financial bodies such as the U.S. Federal Reserve, U.S. Treasury, IMF, and WEF. Many XRP supporters believe these connections could help the token gain international reserve currency status.

While Armstrong is skeptical about XRP's status as a world reserve currency, he acknowledges its significant role and influence on the future of financial systems. Anticipated announcements may provide clarity on this matter.