Recently, the US Securities and Exchange Commission (SEC) has requested a fine of $1.95 billion against Ripple Labs as part of the “final phase” of its legal battle. Surprisingly, Ripple plans to pay this fine to the SEC using XRP, approximately 10% of its total supply. Once the SEC has these XRP tokens, it will use them as a “Gold”-backed digital currency for international payments, effectively closing the loop😉. Interestingly, a good part of XLM will also be backed with Silver...