Replies to post #35599 on Ripple (XRPUSD)

[WiseYoda]

It wouldn’t be based on the Worlds Bank Currency. The World bank categorized XRP and XLM as stable coins. The price of a stable coin is based on whatever they peg it to. My point is that if they used XRP as a stable coin they would have to price it high and peg it to whatever necessary to have it at that price.

[trunkmonk]

As u should be. World bank means nothing, IMF is everything in regards to currencies, weight of each, and the fact there are only 6 SDRs in the basket. Not a single stable coin. They are everything for official international currency exchanges and have authority over central banks holdings of each. Dollar has just under 50% drawing rights, China is moving up, pyramid coins, Zed, zero, nada, nothing.