- Rowen Exchange proposes using XRP to repay the $38T U.S. debt by leveraging its value appreciation and strategic adoption.
- If enacted, the plan could transform XRP into a key national asset, driving global adoption and market legitimacy.
In a confident move, Rowen Exchange stated that the United States could pay off its $38 trillion national debt within four years if it implements the framework outlined in its proposal.
As discussed in a recent CNF update, key stakeholders, including tech leaders like Elon Musk and Peter Thiel, could influence XRP’s integration into mainstream financial systems, highlighting its transformative potential.
The proposal presents a revolutionary approach to using XRP as a financial tool for debt repayment. By acquiring XRP at current low prices and holding it until its value appreciates, the U.S. could leverage its increased worth to address the debt through three main mechanisms outlined in the plan.
XRP, a highly efficient digital asset designed for fast, low-cost, institutional-grade, cross-border payments, and recognized as the third-largest digital currency by market cap, is uniquely suited for this task.
Strategic Use of XRP
As shared in a tweet, Rowen outlined three key strategies for this approach. First, the U.S. government could negotiate with creditors to accept direct payments in XRP, sidestepping costs associated with currency conversion. Second, liquidity pools could be established to convert XRP into USD gradually, mitigating the risk of market disruption.
RECOMMENDATION TO PAY OFF U.S. DEBT BY IMPLEMENTING XRP
The United States can pay off its $38 trillion national debt within 4 years if it implements the framework I outline in the attached proposal.
This proposal is a revolutionary approach of using XRP as a financial tool… pic.twitter.com/1sK5oZ2W1A
— Rowen Exchange (@RowenExchange) January 5, 2025
Additionally, XRP could be introduced as a secondary national currency, driving adoption and increasing its value through broader use. According to Rowen, purchasing 4 billion XRP at today’s price of $2.40 would cost $9.6 billion. If XRP were to climb to $10,000, it could theoretically cover the entire $38 trillion debt.
Potential Impact on XRP Market and Price
This proposal, if enacted, could reshape the future of XRP. A government-backed initiative would likely generate immense global interest, driving institutional and retail adoption. Recognizing XRP as a complementary national currency could enhance its legitimacy and regulatory standing while reducing market skepticism.
Despite risks, including regulatory challenges and reliance on market appreciation, the current pro-crypto stance in U.S. politics might ease the path forward.
As of now, Coin Market Data shows that Ripple (XRP) is trading at $2.33, reflecting a 3.85% dip in the past 24 hours but a notable 7.59% increase over the past week. This volatility highlights the potential and the challenges of relying on market dynamics.
However, such price movements could serve as an opportunity for accumulation, aligning with Rowen Exchange’s vision of acquiring XRP at a lower price before a potential exponential rise.
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