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The Global Stablecoin that nobody is talking about is being built right in front of us on the Flare Network and XRP Ledger utilizing XRP value as collateral. Part One of a series. Diagram included explaining how FXRP becomes a collateralized debt position USF on Flare and USFX on XRP Ledger. Uses FTSO for pricing, and USFX on the XRP Ledger is fully trustless, overcollateralized, and decentralized. Will bring more liquidity to XRP Ledger. Use cases for tokenized assets, securities, commodities, cbdcs, gaming, and more. All the benefits of XRP, and you get all the benefits of a stable coin unit account, the US dollar, operating on the XRP Ledger. Smart Money. The Holy Grail.
Fact based video on what is being built and why.
David Schwartz Stablecoing Proposal Video October 2019
Flare Network Blog on Decentralized Stablecoin Pre-Amble
TrustLine App Overview
Hi, I’m Mickey B. Fresh. My team and I are committed to your education and preparation for living in the world of XRP, FLARE, FLARE FINANCE, and the exploding world of Decentralized Finance (DeFi).
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Any updates on this micky?
XRP to $589
This is such a beautiful gift that Flare has given us. We appreciate it Flare…thank you
is ripple link to INX.co or HBar or flare any how?
Is this video still valid ?
Why is the Global Centralised Stablecoin the Holy Grail of Crypto? You explain how it will be created but why is it The Holy Grail? Thats where i am at 🙂
And to top it off, 211 comments. Beautiful.
Thank you for the great job of breaking everything down!!!
If it is a stable coin then won’t the value be pegged
Mikey B would it b fair to say that XRP as a coin would not hold a high price? It would seem to me that with all of the other coins or crypto with with XRP it is a small piece to the ecosystem? Am I wrong? I just don’t see the people that run governments allowing this coin to explode as far as price per coin. Every video I watch I get a little more confused because I’m gaining more information. I do appreciate the hard work and videos you out out.
Mickey B F, will Flare N also do airdrop for LTC and Doge holders ?
Im smart enough to be here and hear this stuff, but dumb enough that I can hardly comprehend what is being described.
Mickey does great videos I still don't see why a Fbtc token will be better than btc. I can get say 7% a year on btc by leaving it in nexo or whatever. What would be better about Fbtc. More yield?
Fu**, I am sooo lost on this and confused….. How does xrp actually go up in price as investors? Or does it go up at all.
Mickey, thank you so much for taking all the time it requires from you to do all your research. As a XRP holder I new I had something powerful but this explanation just made it real. The last 46 seconds seriously changed my life! Again, Thank you!
Mickey's enthusiasm discussing Flare's use case potential makes ME excited, although I only understand 1/4 of what he's talking about (I'm getting better at it)…but that's ok, because we still understand more than 99.9‰ of the population, so we are WAY ahead of the curve. Can't wait to see where we're headed. Thanks for the great content, Mickey!
Flair n xrp join
Mikey hw will t flair token and join together on etoro
Pls m8
It's about time we have a truly decentralized system.
I don't like the whole China deal despite its successes.
This will be like for example Pancake swap (XRP) / BNB pays fees, adds liquidity (F-asset/collateral)
Those two have skyrocketed.
Not sure about Pancake's inherit purpose.
I have however seen that you can mint in the same fashion as in this video.
Thank you for all of your hard work Mickey.
So according to this video. One xrp coin will be worth 1usd or 1usd stable coin?
XRP $589 2024
XRP IS THE NEW GLOBAL STABLE coin.. the fuck your dumb ass talking about
Such valuable information.
…And cheaper by faarrrr!!!
Synthetix… But faster???
Your adds suck
The mind boggles…
Information overload.
Where you been all my life
Great info Mickey… thx from Holland
in the chart, it shows PROTON (XPR) is that a typo or is Proton chain partnering with XRP?
If you see what’s going on with digybite next month I think you would think differently