Italian Prime Minister Giorgia Meloni has proposed bringing Italy's $300 billion gold reserves under full state control, a move that could indicate a shift away from the euro. This development has sparked discussions about the potential for other European nations, such as the Netherlands and Slovakia, to consider similar actions, potentially leading to a more fragmented financial landscape.
In this context, the need for a neutral cross-border asset like Ripple's XRP may become more pronounced. Concurrently, Ripple has received approval from Singapore's Monetary Authority to expand its payment services, bolstering its global reach and positioning XRP as a potential bridge in Europe's evolving financial environment.
Italy's Gold Strategy Fuels Speculation on XRP's Role in Europe
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