Ripple's XRP is being highlighted as a potential neutral bridge asset to alleviate U.S.-China trade tensions, leveraging its On-Demand Liquidity (ODL) network. This system facilitates instant cross-border settlements, significantly reducing transaction costs by up to 90% and cutting settlement times to just 3–5 seconds. XRP's technology allows for seamless transfers between fiat currencies, bypassing traditional intermediaries.
Economists emphasize that XRP's role is purely technological, aiming to reduce financial friction in global trade rather than replacing the U.S. dollar or Chinese yuan. This positions XRP as a tool to enhance efficiency in international transactions without geopolitical implications.
XRP Positioned to Ease U.S.-China Trade Tensions via Ripple's ODL
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
