Crypto
XRP instead of dollars or gold: four-stage scenario for a global reserve asset
A cryptocurrency entrepreneur has raised again the possibility that XRP could become a global reserve asset. Versan Aljarrah, founder of Black Swan Capitalist, laid out a four-stage scenario: sovereign adoption, regulatory clarity through U.S. digital asset rules, IMF recognition and XRP’s evolution into global payments infrastructure. He also cited potential use by emerging markets and BRICS countries. The scenario remains theoretical and would require simultaneous adoption and policy changes, with no precedent for digital assets in the IMF reserve basket.