RV UPDATE : " TO IQD HOLDERS" BY ARIEL, 25 JULY

 Ariel

@Prolotario1

To IQD Holders - This development is extremely important to your investment and the anticipation of the IQD on the Forex Market.

 The recent inclusion of the CME CF Internet Computer-Dollar (ICP-USD) and XRP-Dollar (XRP-USD) Reference Rates and Real-Time Indices into the suite of benchmarks offered by the CME Group. 

This development, effective from July 29, marks a significant milestone in the global financial landscape, and it holds particular importance for the Iraqi Dinar (IQD) and the ongoing monetary reforms. This is basically the reason stable coins are so important. 

The establishment of transparent and reliable reference rates and real-time indices for XRP will enhance the overall stability and transparency in cryptocurrency markets. As these markets become more stable and predictable, it reduces the risks associated with volatile price movements. 

This stability is crucial as they explore integrating cryptocurrencies like XRP into their financial system. XRP's pairing with major currencies such as the US Dollar (USD) and now potentially the IQD will significantly increase liquidity and market access.

 For the Iraqi Dinar, this means improved foreign exchange market operations and potentially more favorable exchange rates due to increased demand and trading volume.

 XRP is designed to facilitate faster and more cost-effective cross-border transactions. By aligning IQD with XRP, Iraq can leverage these advantages to improve their international trade and remittance flows.

 This can lead to reduced transaction costs and time, benefiting the broader Iraqi economy. The pairing of XRP with IQD on the Forex Market is expected to bring several positive changes. Here are a few.

 The introduction of XRP-IQD pairs can lead to more stable exchange rates for the Iraqi Dinar. As XRP gains wider acceptance and usage, it can help buffer against extreme volatility often seen in currency markets. The enhanced transparency and stability provided by the new benchmarks can attract foreign investors to the Iraqi Dinar. Increased investor confidence can lead to higher capital inflows, supporting the Dinar’s value and stability. 

This is why there have been meetings taking place over the past few days. I'll cover that below in the next post.