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Uphold INSTANT PAYMENTS with XRP (Tokenized Deposits/CBDC)

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💫 Short Summary

The video segments discuss the integration of Ripple and XRP into financial systems, including partnerships with providers for instant withdrawals and involvement in tokenized deposit settlement projects. It also mentions the development of stablecoins backed by tokenized deposits to enhance financial system efficiency and predicts increased partnerships involving XRP and XLM in the future, thanks to collaborations with IBM and a focus on instant payment infrastructure globally.

✨ Highlights
📊 Transcript
Overview of Ripple, Hyper Ledger, and Instant Payments from Uphold.
02:43
Collaboration between Ripple and providers like Volante and ECI for instant withdrawals into bank accounts.
Mention of tokenized deposits, political implications, and Ripple's connections to SBI and Securitize.
Growing integration of Ripple and XRP into various financial systems and platforms.
Development of tokenized deposit-backed stablecoins to mimic CBDCs.
08:31
Various banks launching stablecoin initiatives for financial system efficiency through smart contracts.
Ripple's involvement in tokenized deposit settlement projects.
Predictions of increased partnerships involving XRP and XLM in 2024 and 2025 due to collaborations with IBM for instant payment infrastructure globally.