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IMF Has Long Begun Turning The Wheels For The Global Advancement Of Ripple
As promised, US President Donald Trump signed the GENIUS Act last week. The landmark law officially makes stablecoins a part of the country’s regulatory framework, which boosts their inevitable broader adoption.
Ripple USD (RLUSD) is a major beneficiary of the latest developments alongside Ripple’s other tokenization ventures. However, company CEO Brad Garlinghouse, one of the key figures who strongly lobbied for the GENIUS Act in Congress, was notably absent during the president’s signing, which greatly baffled some cryptocurrency community members.
As it turned out, Ripple had bigger things on its plate during the historic event.
ADVERTISEMENT## IMF Director’s Rumored Meeting with Ripple
According to several sources, Trump’s signing of the GENIUS Act coincided with the visit of Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), to the US. A post and photo she shared on social media featuring the Golden Gate Bridge confirmed that she was in San Francisco at that time.
In this case, cooperation with the IMF gives Ripple leverage not only within the confines of the US but also on the broader global stage. After all, despite the international financial institution’s opposition to Bitcoin (BTC), it has worked with the blockchain solutions provider way back in 2023, or even longer.
ADVERTISEMENT## Ripple on IMF’s Sights Years Prior
A crucial piece of evidence firmly tying the two together was an IMF-published document featuring the presentation of Sagar Sarbhai, current Managing Director of BVNK APAC, during his term as Global Head of Business Solutions at Fireblocks. The file highlighted Ripple’s transformative potential in enabling the Internet of Value.
Sarbhai discussed how Ripple’s XRP Ledger (XRPL)-powered solutions could speed cross-border payment rails at a significantly lower cost than conventional means while elevating transparency and security.
samoa-session2-sagar-sarbhaiDownload## Hard to Ignore the Details
The IMF and Ripple neither confirmed nor denied the rumors circulating online about their meet-up. Nonetheless, their silence on the matter only amplified speculations that they may likely be brewing a deal that could benefit both parties and accelerate the latter’s global dominance in the cross-border payment sector.
If true, this could signal that Ripple’s target of getting as much as 14% of SWIFT’s transaction volume by 2030 is already in motion—something that will ignite more interest in XRP for institutional and retail investors in the foreseeable future.
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