Willie Links XRP to Global Reserve Currency Status and Major Bank Adoption
Macro expert Dr. Jim Willie has proposed a theory connecting XRP to global reserve currency status, big bank adoption, and the IMF's Special Drawing Rights basket.
According to Willie, XRP could eventually join the SDR basket, which currently includes the dollar, euro, yen, Swiss franc, pound, and yuan. He claims that XRP 'had its origins under the BlackRock roof,' although he does not provide any documentation for this statement.
Willie also referenced IMF documents suggesting that XRP was designed for a role in global banking settlement, but did not provide a verifiable source or specific citation.
In addition to these claims, Willie stated that he is 'of absolute convinced status' that BlackRock, JPMorgan, Bank of America, Citigroup, and Goldman Sachs are all holding XRP in the billions. He suggests that this is due to speculation about non-disclosure agreements that he expects to expire soon.
Willie tied these claims back to a broader argument around global de-dollarization, saying that the world is shifting towards what he called a 'neutral bridge asset' for cross-border payments. He pointed to activity across Asia as evidence of this shift.