{
Hans Christian Andersen

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Ripple and XRP positioned as strategic assets for US financial dominance

Ripple's XRP is gaining attention as a potential strategic asset for the U.S., with experts suggesting it could enhance the country's dominance in finance and crypto. The company’s control over 45% of XRP's supply and plans for a USD stablecoin position it uniquely for improving cross-border payments. Under a second Trump administration, the U.S. aims to become the "crypto capital" of the world, promoting a favorable environment for digital currencies.
Bitcoinist.com
Standard Custody & Trust Company LLC USA Donald Trump Gary Gensler Hans Christian Andersen David O. Sacks Show more
Finance & Economy, Blog Post
06:30 10.12.2024

OPEC faces challenges as high oil prices benefit rivals and strain unity

A senior OPEC+ official revealed that the cartel's strategy of maintaining high oil prices is inadvertently boosting rival production, particularly from the US. This has led to production cuts and a potential exodus of members like Angola, while Saudi Arabia struggles to manage output limits among its allies. As the group delays its next meeting, the pressure mounts to find a sustainable path forward without further alienating its members.
Bloomberg.com
United States Dollar Diamondback Energy Inc IRN USA SAU RUS ARE Afshin Javan Hans Christian Andersen Donald Trump Show more
Finance & Economy, Market Report
06:00 02.12.2024
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