Will the Day Come When XRP Achieves Tier 1 Asset Status?
Discussions about the future of XRP (Ripple) are heating up among investors in the financial markets. The focal point is the industry’s “golden ticket”: recognition as a Tier 1 asset by the Bank for International Settlements (BIS).
**Current Regulatory Environment and Challenges**
Tier 1 assets, as defined by Basel regulations, refer to the safest assets that form the core of a bank’s capital. Cash and government bonds fall into this category, and banks can hold and manage them freely. Meanwhile, cryptocurrencies including XRP, Bitcoin,
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