As you can see over in Syria the people celebrated throughout the night. Trump lifted all sanction off Syria. He's trying to bring peace to the Middle East...
He seems to be doing not only a great job but a very supportive job...Trump is...promising the region prosperity if they agree. He's got these countries...that support Iran are telling Iran, 'You need to get your shit together dude. We want prosperity. We're tired of all the fighting. We want peace in the Middle East.'
It looks like Trump is going to get his way...If you can avoid conflict, you understand how much prosperity would be there?
Countries would grow economically. These people would have stronger currencies, more economic growth...And this includes Iraq.
During the Baghdad Summit, Iraq prepares to present a modern economic vision, the outlines of which were drawn up by Sudani.
Iraq is preparing today, Saturday, to present a modern economic vision stemming from nationalist trends outlined by Prime Minister Mohammed Shia al-Sudani during the Arab Summit. Meanwhile, the presence of Arab leaders and monarchs in Baghdad marks a turning point in regional relations and consolidates Iraq's openness to its Arab surroundings.
The Executive Director of the Iraq Development Fund, Mohammed Al-Najjar, said, "Iraq is preparing to present a modern economic vision stemming from national trends whose outlines were shaped by Sudan."He pointed out that,
"This vision includes new partnership paths and advanced investment methods that are in line with the nature of the current economic phase and challenges."
Al-Najjar emphasized that "the presence of Arab leaders in Baghdad represents a turning point in regional cooperation relations and consolidates Iraq's openness to its Arab surroundings." He added that "the Iraq Development Fund today represents an attractive and diverse investment base capable of absorbing capital and companies seeking to enter the Iraqi market, which is characterized by its vastness and rapid growth." link
Article: "SWIFT AND THE US FEDERAL RESERVE PUT IRAQ AT THE MERCY OF THE GLOBAL ECONOMY"
Quote: "Iraq has become more vulnerable to global economic shocks due to its increasing connection to the international financial system"
WOW!...Although this may seem like a negative statement this is actually an all-telling concept in just where Iraq now stands in the global arena.
If they are going to go international with their currency there will be vulnerability.
They are no longer isolated and under the sanctioned post-war process so of course they are going to be more “vulnerable to global economic shocks”.
I also believe this is setting the stage for the IQD for a future float, which comes only with the new basket of currency for a new peg.
Trump's visit to the Gulf: Will it open the door to investment in the Kurdistan Region?
US President Donald Trump's visit to several Gulf states has raised questions about its political and economic impact on the Kurdistan Region, given the region's well-known positive relationship with Gulf capitals and its close ties with Washington on development and security issues.
In this context, researcher and political analyst Yassin Aziz told Baghdad Today on Sunday (May 18, 2025) that "Trump's visit has significant repercussions for the entire region, including Iraq. Since the Kurdistan Region is part of Iraq, the region—although it has constitutionally granted special status—remains bound by the public interests and frameworks set by Iraqi foreign policy."
The Gulf and the region: a stable partnership and open prospects
Aziz adds that "the region's relations with the Arab Gulf states have been distinguished and positive for a long time, particularly with pivotal countries such as Saudi Arabia, the UAE, Qatar, and even the rest of the Gulf states," noting that "these countries already have investments in the region, and there is ongoing economic activity, although the ambition is for it to expand further in the coming period."
He believes that Trump's visit to the Gulf states "could be a catalyst" in this direction, as it reshapes the region's economic priorities and could create a new climate that encourages Gulf states to increase their investment engagement in safe and stable regions such as the Kurdistan Region.
Washington - Gulf - Erbil... a triangle of intersecting interests
In response to the possibility of competition between Gulf and American investments in the region, Aziz ruled out this proposal, asserting that "each party has its own perspective, and Gulf state investments do not come at the expense of foreign companies, but may complement them." He emphasized that "the Kurdistan Region is viewed by the Gulf as a stable model, suitable for investment, due to the availability of security and supportive laws."
The open opportunity... when will it become a reality?
Aziz concluded his remarks by emphasizing that "Trump's visit to the Gulf will not negatively impact the relationship between Erbil and the Gulf capitals, but may contribute to accelerating economic cooperation between them, within an environment that encourages multilateral partnerships."
He believed that "the next phase may witness greater openness by Gulf companies towards the region, driven by external political encouragement and a domestic desire to develop non-oil sectors." link
Syria will not need to borrow from the International Monetary Fund.
Arranged by Saudi Arabia, we held a conference in Al-Ula to discuss issues with Syria, emerging markets, the International Monetary Fund, and the World Bank.
Syria does not need donations. Syria only needs support in economic capabilities and policies.
This will ensure Syria to have a fresh start once they connect internationally with the new rate
Iraq Is Not Among The Largest Holders Of US Bonds.
Sunday, May 18, 2025 1:26 PM | Economic Number of reads: 258 Baghdad / NINA / The US Treasury Department announced, on Sunday, that the total holdings of US bonds by countries around the world during the current year exceeded $9 trillion.
The Treasury said in a table for the year 2025, that "the holdings of US bonds by countries around the world amounted to $9 trillion and 50 billion."
It indicated that "Japan is considered the largest holder of US bonds, with $1.13 trillion, followed by the United Kingdom, then China, the Cayman Islands fourth, and then Canada.
"
In the Arab world, Saudi Arabia and the UAE were among the top twenty countries in terms of holding US bonds, as Saudi Arabia's holdings amounted to $131 billion, and the UAE's $111 billion.
According to the US Department's table, Iraq did not make it to the top twenty list, despite its presence in 2023 with holdings amounting to $32.6 billion.
It's worth noting that Saudi Arabia was the only Arab country on the list of the largest holders of US bonds for 2024, ranking 17th with holdings of $137.5 billion. / End https://ninanews.com/Website/News/Details?key=1227651
First don’t shoot the messengeras I’m only a messenger and praying that this is 100%.
It looks like things are about to commence. We are hearing good things happening on the weekend.
I have spoken to great sources: (1): Some said that today or tomorrow things are about to start with notifications as some also said payments as well. (2): Some private groups are about to start on Tuesday onwards. (3): Brazilian sources said that things are about to start on the 20th (Tuesday).
A Pentecostal leader has made a major announcement that she has given authority to release the funds to her three leaders and that they will receive their notifications this weekend. As soon as they receive those funds they will immediately start releasing those funds to their members.
I also received confidential news which I can’t share but it’s all GO GO GO.
We are hearing great news from Reno as well as a lot of whales are flying in.
The Japanese are happy as they’ll be fishing in Reno to catch some whales.
Let’s all remain in faith and patience as we are definitely close. God bless. Wolverine
Stability Of The Dollar Exchange Rate In Local Markets
Economy | 10:42 - 05/18/2025 Mawazine News - Baghdad - The exchange rate of the US dollar against the Iraqi dinar witnessed stability in local markets.
The dollar exchange rate on the Al-Kifah and Al-Harithiya stock exchanges in Baghdad reached 142,450 Iraqi dinars for every $100, after recording 142,400 dinars for every $100 yesterday, Saturday.
The exchange rates at money exchange shops
in local markets in Baghdad stabilized, with the selling price reaching 143,500 dinars for every $100, while the buying price reached 141,500 dinars for every $100. On February 7, 2022, the Council of Ministers announced its approval to adjust the dollar exchange rate to 1,320 dinars for one dollar. https://www.mawazin.net/Details.aspx?jimare=261614
Internal And External Factors...The Reasons For The Dollar's Decline In The Local Market
Buratha News Agency1092025-05-18 Economist Safwan Qusay confirmed on Sunday that the decline in the value of the dollar in the informal market is the result of a combination of several internal and external factors, most notably recent developments in Syria and the banking reforms initiated by the Iraqi government.
Qusay said in a press interview that "the value of the dollar in the informal market was affected by recent events in Syria, as Damascus was within the circle of prohibited transfers. However, the lifting of sanctions and the reversal of transactions towards Syrian markets contributed to reducing demand for the dollar in the informal market."
He added, "Lebanese markets, which had previously refrained from direct dealings with Iraqi banks, have recently begun dealing directly with them, which has also been reflected in a decline in demand for dollars on the parallel market."
Qusay explained that "the banking reforms initiated by the Iraqi government in cooperation with Oliver Wyman, which included opening windows for international correspondents and expanding the scope of investigation into entities requesting dollars from the informal market, helped to organize their affairs and shift them toward dealing with official banks and benefiting from the official exchange rate of 1,320 dinars to the dollar."
He pointed out that "most traders are hesitant about imports due to the ongoing trade war between Russia and the European Union on the one hand, and the United States and China on the other, in addition to the mutual tariffs, which in turn have contributed to a decline in demand for the dollar."
The economic expert noted that "the upcoming understandings regarding reciprocal taxes between the United States and China will positively impact the price of a barrel of oil, leading to a further decline in demand for the dollar in the informal market."
He emphasized that "these measures, which represent a combination of government reforms and international variables, have helped reduce the value of the dollar in the informal market, alongside the decline in the dollar's global price due to the US administration's desire to repay its $36 trillion foreign debt with a weak dollar. This also depends on the US Federal Reserve's renewal policy and interest rates." https://burathanews.com/arabic/economic/460279
Well, obviously the "Friday Night" window has come and gone, and once again, nothing. Now we pivot to the weekly "Sunday after the Forex opens" window.
I am going to spend the day watching sports and enjoying as much of my current life as I can. This whole thing is in the hands of people who don't give a shit about you or me. If they did, this would have been done a long time ago.
They think they are the important ones. The reality is that every prosperous economy ever created has been bottom up, not top down. Time to withdraw our support from the people who are holding everything back.
They are the problem, not the solution. AFAIC, this is their last chance to do what's right by the American people and the world.
Shafaq News/ On Saturday, Arab League Secretary-General Ahmed Aboul Gheit described Iraq as a ‘’recovered nation’’, citing its successful hosting of the 34th Arab League summit in Baghdad.
Speaking alongside Iraqi Foreign Minister Fuad Hussein, Aboul Gheit noted that Iraq is chairing both the political and economic summits for the first time in the League’s history—an unprecedented step that reflects Baghdad’s growing regional role.
He also outlined a series of initiatives launched by Baghdad, including the formation of a high-level ministerial committee made up of Iraq, Bahrain, the Arab League Secretary-General, and any other Arab states willing to join. The committee is intended to help bridge divisions and enhance coordination among member states.
Additionally, Aboul Gheit pointed to Iraq’s Economic Reform Charter, welcoming the country’s proposals to establish financial support mechanisms for both Palestine and Lebanon.
Highlighting the humanitarian crisis in Gaza, he noted that at least 40,000 children have been orphaned. He also welcomed Iraq’s recent efforts, including a $20 million pledge for Gaza’s reconstruction, and another $20 million for Lebanon —initiatives that, he added, reflect Iraq’s ''renewed momentum'' and deepening regional engagement.
Shafaq News/ An Iraqi oil refinery built in Somalia in the 1970s under a joint deal with Mogadishu still exists, an overlooked legacy just now brought to light by economist Nabil Al-Marsoumi.
In remarks to Shafaq News, Al-Marsoumi noted that the facility was built in 1974 by Iraq’s State Company for Oil Projects with an annual refining capacity of 500,000 tons.
He explained that Iraq financed the refinery’s construction in foreign currencies, while Somalia's 50% share of the project’s costs was to be repaid over three years after operations began, at a symbolic interest rate.
Al-Marsoumi noted that the Somali president asked Iraqi Prime Minister Mohammed Shia al-Sudani, on the sidelines of the Arab League Summit held in Baghdad on Saturday, to rehabilitate the now-damaged refinery, signaling interest in restarting operations. “Quite the surprise,” he said. “Iraq has a refinery abroad and nobody even knew!”
Article quote "Recent figures reveal that only 20 trillion Iraqi dinars are in actual market circulation out of a staggering 105 trillion dinars in total monetary volume—a sign that Iraqis are overwhelmingly choosing to hoard their savings at home rather than invest or deposit them."
This is NOT stability nor is it security...
There is a liquidity shortage afoot and though a digital Dinar along with a stable coin could greatly improve this situation, those are not a done deal yet either...
There will be no currency revaluation for the current, foreseeable, future. Relax,
it's coming soon but that means "Iraqi Soon" not "American soon".
Concluding the 34th Arab League Summit in Baghdad, Iraqi Foreign Minister Fuad Hussein stated that the summit voiced full support for ongoing talks between Iran and the United States,
expressing hope for positive outcomes. He added that the summit underscored the need for peaceful solutions to regional crises to ensure lasting stability in the region.
: Iraqi News Agency
A redenomination is a not a blanket term and does not cover every economic situation. Countries and Central Banks will implement a redenomination according to their needs to produce a desired outcome.
Simply put every country's redenomination is not the same. We investors in the dinar have no insight on the specifics of the delete the zeros program authored by the CBI beside what is circulated in the media.
Don't lock onto a keyword like redenomination and think it is written in stone, or you know how it will be implemented. The situation in Iraq is fluid and always changes.
We must wait for the final move by the CBI to implement the program and produce the desired outcome we all hope for.
Former Iraqi Foreign Minister and senior KDP politburo member Hoshyar Zebari described the 34th Arab League Summit in Baghdad as being held with mixed feelings.
While praising the Iraqi government’s “exceptional” efforts, he noted that the political stance of armed factions and certain Iraqi politicians “hostile” to the Arab world deprived the summit of a strong Arab presence in Baghdad —
a matter he said requires serious review and further discussion.
SANDY INGRAM: BREAKING NEWS: The IQD depreciated; Iraq to host Arab Summit 2025 Iraqi stock market
Summary
The video begins by highlighting Iraq’s significant role as the host of the Arab Summit 2025, marking the country’s first opportunity in over a decade to bring together Arab leaders. This event symbolizes Iraq’s ongoing recovery from decades of conflict, political instability, and diplomatic isolation.
Iraqi leaders are not just aiming to organize the summit but also to leverage it to rebuild regional partnerships and create a unified front on key Arab world issues. Historically, Iraq’s relations with some Arab countries have been strained since the 2003 U.S.-led invasion, largely due to sectarian shifts and the rise of Iranian influence. The summit offers a chance to mend these ties and reposition Iraq diplomatically in the Middle East.
Following this diplomatic overview, the video transitions into a financial report focusing on the Iraq stock market. The recent weekly trading activity showed moderate fluctuations, with a total share turnover of approximately 1.3 billion Iraqi dinars—a slight decrease from the previous week.
Among the 63 companies traded, a near balance was observed with 18 stocks increasing, 17 declining, and the remainder stable. Banking and telecommunications sectors dominated trading activity, with banks typically exerting significant influence over the market index.
Asia Cell, a major telecom company, experienced strong trading volumes and steady pricing, standing out as a positive performer for the week. Conversely, some smaller banks saw declines, highlighting investor preference for stability amid ongoing uncertainty. Foreign investors continue to participate actively, submitting more buy orders than sell orders—indicating cautious optimism about Iraq’s market.
Overall, the video underscores that while Iraq’s stock market remains volatile and affected by both political factors and the global oil environment, it shows signs of gradual improvement. The fundamentals suggest that Iraq could be an attractive market for investors seeking long-term growth, particularly in emerging markets. Viewers are advised to conduct thorough research before investing but are encouraged to watch Iraq’s evolving economic landscape
closely.
Highlights
🌍 Iraq will host the Arab Summit 2025 for the first time in over a decade, signaling diplomatic progress.
🤝 The summit aims to strengthen Arab unity and propose solutions to regional challenges.
🕊 Iraq’s diplomatic ties with Arab neighbors have been strained post-2003 but hope to improve through the summit.
📉 Iraq stock market showed a slight decline in turnover but retained significant activity, especially in banking and telecom.
📈 Asia Cell telecom company was a standout, demonstrating strong volume and stable prices.
🔒 Investors currently favor stability, evident from weaker performance in smaller banks.
🌐 Foreign investors remain cautiously optimistic, buying more than selling amid a risky environment.
Key Insights
🌟 Strategic Diplomatic Reemergence: Hosting the Arab Summit after a decade is a milestone that reflects Iraq’s desire to reclaim its leadership and influence in the Arab world. This move indicates an intentional pivot from past isolation toward proactive regional integration and diplomacy. The summit is more than ceremonial—it is an opportunity for Iraq to reshape its geopolitical image and rebuild partnerships that were disrupted after the 2003 invasion. Strengthening ties in the Arab world could help Iraq balance external influences, such as Iran’s growing involvement.
💼 Economic Recovery Parallels Political Tranquility: Iraq’s progress in hosting the summit parallels its attempts to stabilize economically, as seen in the modest gains and activity in its stock market. Political stability and diplomacy usually go hand in hand with economic opportunity. Iraq’s focus on creating a unified Arab voice may also bolster confidence among investors, potentially reducing the market’s sensitivity to political risks.
📉 Market Volatility Reflects Underlying Risks: The slight dip in market turnover and the near-equal split between rising and falling stocks indicate that Iraq’s stock market remains highly sensitive to political developments and global commodities prices, especially oil. The inherent volatility suggests that while there is opportunity, caution remains paramount for investors.
🏦 Banking Sector Dominance & Investor Preference for Stability:Banks account for the majority of trading volume, indicating their critical role in Iraq’s financial sector. However, the decline in some smaller banks’ stocks reveals a trend where investors prefer established, more stable financial institutions over riskier plays. This insight reflects a maturing investor base prioritizing risk management amid ongoing uncertainty.
📡 Telecommunications as Growth Drivers: Asia Cell’s positive performance underscores the potential of non-oil sectors like telecommunications. This sector could become a valuable growth pillar as Iraq diversifies its economy beyond hydrocarbons. Strong trading volumes and stable pricing in telecom highlight investor confidence in these companies’ resilience and growth prospects.
🌍 Foreign Investor Confidence as a Positive Signal: Despite the challenges, foreign investors are net buyers, offering a vote of confidence in Iraq’s market. Their involvement is critical not only for liquidity but also for introducing international best practices and reinforcing market legitimacy. This cautious optimism suggests external observers recognize Iraq’s improving fundamentals and hidden potential.
📊 Long-term Potential Amid Short-term Risks: The video emphasizes that Iraq’s stock market should be viewed with a long-term perspective. Political instability and oil price dependence will continue to influence it, but improving fundamentals combined with diplomatic advancements such as hosting the Arab Summit present a foundational base for potential growth. For investors, Iraq represents a high-risk, high-reward emerging market opportunity requiring diligent research and risk awareness.
Overall, the video provides a comprehensive view of Iraq’s current geopolitical and economic state, illustrating the interconnectedness of diplomacy and markets. Iraq’s incremental progress in both spheres signals a cautious but promising trajectory for the country’s future on the regional and investment stage.
Al-Sudani's advisor reveals Iraq's debts and their global classification.
The financial advisor to the Iraqi Prime Minister, Mazhar Mohammed Salih, revealed on Friday that the ratio of external and domestic public debt does not exceed 33% of the gross domestic product, an indicator that places Iraq within a comfortable and low-risk global credit rating.
“Iraq legally and customarily extinguished, in the Paris Club agreement of 2004, about $100 billion of the external debt accumulated by the former regime due to conflicts and wars. It was called pre-1990 debt and had a claims ceiling of about $38.9 billion.
The remainder was rescheduled for about 20 years after the immediate cancellation of $100 billion, noting that many countries had cancelled 100% or close to that at the time of signing the agreement, which reduced the remaining reschedulable debt,” Saleh said in a press statement followed by Al-Mada.
He added, "It is also assumed that the Paris Club debts (both sovereign and foreign sector) will be fully extinguished in 2028, with the final foreign private sector debt remaining after the latter's rescheduling into European bonds called 'Iraq 2028'. The debt is valued at approximately $2.7 billion and is currently traded in global secondary capital markets."
He continued, "We also borrowed approximately $12 billion to finance the budget during the war on ISIS, most of which was repaid, specifically with the International Monetary Fund."
Regarding foreign debt, Saleh points out that "the foreign debts due over the next four years are approximately $9 billion, and there are foreign debts of a similar amount extending over longer years, related to long-term loans from international funds, mostly for the reconstruction of liberated areas."
Accordingly, "the ratio of external debt to GDP is within a very safe range, not exceeding 8% of GDP, which has placed Iraq within a comfortable and low-risk global credit rating," according to Saleh.
The government advisor explained that "the general budget annually allocates appropriate allocations for debt repayment and servicing as a top priority, which has strengthened Iraq's creditworthiness."
As for the domestic public debt, according to Saleh, it "amounts to 85 trillion dinars, half of which is invested in the Central Bank of Iraq's investment portfolio, and the remainder is held mostly by government banks and the public in the form of bonds and transfers. It has accumulated due to the three oil asset cycles."
He reveals that "domestic public debt constitutes 25% of GDP. If the value of the remaining external public debt is added to the domestic public debt, their combined ratio to GDP does not exceed 33%, indicating that our country is within the safe classification criteria for acceptable debt, which amounts to 60% of GDP."
He notes, "But without forgetting that there are approximately $40 billion that have not been settled practically since the Paris Club agreement in 2004, which (should be written off by 80% or more) under the agreement, if that debt is true, and which belong to eight countries related to financing the Iran-Iraq war. These are odious debts, as they are called in economic literature, and they are pending without settlement."
The government advisor concluded his remarks by saying, "There is careful planning between fiscal and monetary policies to extinguish the domestic debt held by the (government banking system) within a genuine financial settlement that provides public finances with ample scope for financial sustainability link
FOREX tests - in ALL banks - COMPLETED (Dinar, Dong, Bolívar, etc.)
Summary
The video transcript presents a detailed update from the Goldilocks Global Banking News channel, hosted by Freedom Fighter, focusing on the recent developments in the tokenization of global currencies as part of the revaluation (RV) process of various national currencies.
The central highlight is the completion and implementation of Project Pine, a major initiative led by the Bank of International Settlements (BIS) in collaboration with central banks worldwide, including the Federal Reserve.
Project Pine finalizes the digital transformation and tokenization of currencies such as the Iraqi dinar, the Vietnamese dong, and the U.S. dollar, creating a fully tokenized financial ecosystem to facilitate currency exchanges.
Tokenization here refers to the digital representation of physical assets—like gold and silver—backing the currencies during revaluation.
This digital asset representation supports a more secure, efficient, and transparent foreign currency exchange system through the use of smart contracts. These smart contracts guarantee that both sides of any foreign exchange transaction have the required funds, minimizing risks and ensuring transaction integrity.
The significant breakthroughs of Project Pine include a drastic reduction of transaction settlement time from days to just 15 seconds, enhanced transparency, and the ability to handle multiple currencies simultaneously. Furthermore, tokenization and smart contracts counteract potential instability caused by political or economic unrest in any country during the currency exchange process.
By tying digital currencies to stable physical assets and automating settlements via smart contracts, Project Pine stabilizes currency values and ensures efficient, secure, and fast foreign exchange transactions within a digital banking ecosystem.
The announcement from BIS affirms that all central banks involved have now completed the tokenization process, signaling their integration into a new digital banking infrastructure. This system not only increases the speed of international currency exchange but also reduces risks associated with exchange rate volatility and market uncertainty.
The video encourages viewers to stay informed through the Goldilocks channel for further updates and highlights that the digital banking revolution is underway, with positive impacts for global currency exchanges anticipated shortly.
Highlights
🏦 Project Pine, completed by the Bank of International Settlements and central banks worldwide, finalizes the tokenization of global currencies.
💰 Tokenization represents physical assets like gold and silver as digital tokens that back currencies in the new financial ecosystem.
🔄 Smart contracts automate foreign currency exchanges, reducing settlement times from days to just 15 seconds.
🌍 Multi-currency support allows simultaneous settlements, enhancing efficiency and reducing financial risk.
⚖️ Project Pine mitigates the effects of economic and political instability on currency exchange by stabilizing value through digital asset backing.
🔐 Enhanced transparency and security in cross-border currency transactions through blockchain-based smart contracts.
📈 The new digital banking system marks a transformative shift in global financial operations and currency revaluation processes.
Key Insights
🏛️ Centralized Coordination by BIS: The Bank of International Settlements operates as the global hub connecting all central banks, underscoring its critical role in standardizing and overseeing digital currency tokenization. This centralization ensures a uniform approach to currency digitalization, fostering trust and reliability across global financial systems.
💡 Tokenization as a Foundation for Digital Currency Stability: By digitizing assets like gold and silver that back currencies, tokenization creates a secure and tangible value base for digital currencies. This significantly reduces traditional concerns about fiat currency volatility and instills confidence in revalued currencies during RV cycles.
⚙️ Smart Contracts Revolutionize Currency Exchange: Smart contracts act as automated, self-executing mechanisms programmed to verify both sides of a transaction. This innovation eliminates manual errors, accelerates transaction finalization, and guarantees that funds are available before exchanges proceed, vastly improving operational reliability.
⏱️ Cutting Settlement Time from Days to Seconds: The reduction of foreign exchange settlement time to 15 seconds is a game-changer for liquidity and financial markets. It enables market participants to execute large-value transactions efficiently, lowers counterparty risk, and accelerates the clearing process, which was previously a major bottleneck in currency exchange.
🌐 Multi-Currency and Market Condition Adaptability: Project Pine’s robust framework supports simultaneous multi-currency settlements and adapts to varying market conditions such as interest rate cycles. This flexibility prepares the system to manage real-world complexities and volumetric demands, increasing resilience and reducing systemic risks.
🔄 Mitigating Economic and Political Instability: Traditionally, currency exchanges are vulnerable to negative impacts from political or economic turmoil in issuing countries, potentially altering exchange values during transaction processing. The automated and instantaneous nature of smart contracts under Project Pine neutralizes these risks by settling transactions quickly and accounting for asset-backed valuations, protecting investors and stakeholders.
🔐 Transparency and Security Through Digital Ledger Technology:Though not explicitly named, the description implies the use of blockchain or distributed ledger technology as the backbone for smart contracts and tokenization. This provides immutability, auditability, and transparency to all transactions, fostering a more trustworthy and fraud-resistant banking ecosystem.
Overall, the video encapsulates a shift toward a digitized global banking system underpinned by tokenized assets and automated contract execution, promising faster, safer, and more reliable currency exchange operations aligned with the evolving international financial landscape.
