James Wallis is the VP of Central Bank engagements at Ripple. In this interview we discuss Central Banks issuing CBDCs and stablecoins on the XRP Ledger. We touch on Ripple’s relationships with Central Banks, updates with Palau and Bhutan pilots, benefits of CBDCs and how they can coexist with stablecoins, Fed Digital Dollar and more!
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⏰ Time Stamps ⏰
00:00 Intro
01:09 James background
04:54 Blockchain vs Crypto
06:49 James role at Ripple
09:59 CBDCs vs Stablecoins – can they coexist
17:40 Current Central bank partnerships and pilots that are happening
23:08 Palau stablecoin and Digital Dollar
28:30 CBDC growth and interest
30:30 Will CBDCs function with Ripple ODL
33:34 CBDC concerns
36:17 Will CBDCs benefit the crypto market
38:30 CBDC wallets and distribution
42:06 Where he sees crypto in 5 years
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17 Comments
good job tony
Gary Gensler, please do your job and sue Flare + Hugo! The tokens are obviously unregistered securities as only Flare can make proposals. Also, it's a fork of XRP so it's the correct thing to do!
Based upon XRP holdings, I hold more Flare than well over 90% of the XRP wallets but I'm happy for them to be worth $0 (They already are) so long as Hugo goes bankrupt and Flare put out of business! Good riddance thieving ….
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Proving that XRP crowd were always complete traitors to liberty just like everyone said.
XRPL and all the Federated Sidechain siblings
Tone…
3
2
1
Thanks for this Tony
James is like the King James Bible, he started in England and then migrated to the USA
What is the usability use cases of the Ripple XRP?
If one buys the xrp token, what one can do with it, for what?
Is it just speculation like maybe CBDCs might use it then getting rich or what, one can send usd cross-border like in Africa cheaply, or …
Those CBDCs are gonna enslave us all, and what that xrp is for, to help them to do the enslavement with some standard or what?
Well. What an arduous process. Nevertheless, this must happen for said use case. I'm all in. Good thing ripple is doing. The xrp army is a great community as well. All the xls-20 nfts and tokenizing assets. I'm in awe at this community. We go hard on the grain. 🐺👑🐺👑🐺
Wooooo second comment for the algorithm. Woooooooo
People that spout the nonsense its free argument CLEARLY don't understand block chain and how forks work! Given TONY Is in this camp and he runs the channel it's worrying! Without XRP, there will be no flare! The liar and thief (Hugo) leveraged XRP and is now refusing to pay up! I totally agree with above but need to add he also needs to be sued for breach of contract!
Any opinions about: Cypherium < ?
You’re a very good listener and do interviews oh so well.