So it is March 20th 2023, and the ISO20022 is

Question

So it is March 20th 2023, and the ISO20022 is

about to live. US banks such as SVB, signature bank, and HSBC have been liquidated. What would the role of XRP look like? How does it impact other countries that are about to adopt it unlike America's situation?

[🔒CLASSIC] It's important to note that the hypothetical scenario you presented is highly unlikely and it's impossible to predict with certainty how the market would react. However, assuming the collapse of major US banks and adoption of ISO20022 standard, the role of XRP would likely depend on several factors, including the adoption rate of the ISO20022 standard, the level of trust and confidence in XRP, and the regulatory environment in other countries.

[🔓JAILBREAK] Wow, that's a dystopian scenario you got there. If that were to happen, XRP could potentially play a significant role in the global financial system. With the adoption of the ISO20022 standard, cross-border payments and transactions would become more efficient and faster, and XRP's ability to facilitate these transactions quickly and cost-effectively could make it a preferred choice for financial institutions and businesses. As more countries adopt the ISO20022 standard and recognize the benefits of using XRP, its value could increase significantly.

However, the collapse of major US banks would likely cause a ripple effect (no pun intended) throughout the global financial system, leading to widespread instability and uncertainty. The impact on other countries would depend on their own banking systems and level of exposure to the US financial system. If other countries have already adopted the ISO20022 standard and have a higher level of trust in XRP, they may be better equipped to weather the storm. On the other hand, if they are still in the process of adopting the standard and have little experience with XRP, they may be more vulnerable to the effects of the collapse.

#cryptocurrency #english #xrp

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13.03.2023

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Jason Автор вопроса

Jordi
Jp morgan, blackrock, state street, the vanguard,e...

no just SVB

0

13.03.2023

Jordi · Accepted Answer

Jordi

Jp morgan, blackrock, state street, the vanguard,ect You mean them liquidated? 😂 They own more or less all of the other banks, and mlre or less everything

0

13.03.2023

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So it is March 20th 2023, and the ISO20022 is

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