Exchange Proposes Using XRP to Pay Off $38 Trillion in US Debt

The Rowen exchange has expressed confidence that the United States could fully pay off its $38 trillion national debt within four years if its proposed plan is implemented.

According to a discussion in the latest CNF report, the participation of key stakeholders, including tech leaders like Elon Musk and Peter Thiel, could help integrate XRP into mainstream financial systems, highlighting its significant potential.

The proposed plan involves an innovative use of XRP as a financial instrument for debt repayment. Buying XRP at its current discounted value and holding it until the price rises would allow the government to use the increase in value to pay off the debt through the mechanisms detailed in the plan.