$XRP $ETH Ripple's XRP Gains Stablecoin
Status From World Bank
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#BinanceSqaure #xrp🔥 The World Bank has officially recognized Ripple's
native cryptocurrency, XRP, as a stablecoin. This
classification marks a significant milestone for
Ripple and its digital asset, underscoring its
growing acceptance and utility in the global
financial landscape. The discussion around this
development was sparked by a tweet from a well-
known Ripple supporter, leading to further
insights from Sean McBride, a former director at
.Ripple
Ripple's strategic vision and XRP's utility
In response to the discussions initiated on social
media, Sean McBride reiterated his confidence in
XRP's utility and the strides made towards its
widespread adoption. Despite the speculation
surrounding Ripple's potential issuance of a new
stablecoin, McBride highlighted the World Bank's
recognition of XRP as a stablecoin. This
acknowledgment validates Ripple's efforts to
position XRP as a reliable medium for cross-
border payments and settlements and hints at