I gotta admit the the Tokenomics of Ripple is TERRIBLE, meaning progress is good to the network, NOT to the token price.
JUST IN: 🇺🇸 Tokenized US Treasury Bills Confirmed On The $XRP Ledger !!💥🚀
After SEC Battles, this is another Bullish news to Ripple Network
OpenEden has announced that it will bring tokenized US Treasury bills (T-bills), a short-term US government debt obligation backed by the US Department of the Treasury, to the XRP Ledger (XRPL) and its users for the first time ever !! 💸
Ripple will be allocating $10 million USD into OpenEden’s TBILL tokens.
“Bringing tokenized T-bills to the XRP Ledger is the next step in our exciting journey. Purchasers will be able to mint our TBILL tokens via stablecoins, including Ripple USD when it launches later this year.”
IMO, XRP has been providing infrastructure for Payments in country level quite a while, this is just one another great milestone from them (not for retail and token investors)
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