XRP Documented for Major Asset Recommended for IMF By ECB President

Crypto researcher SMQKE has shared documents suggesting that private sectors could issue a new Special Drawing Rights (SDR)-based digital currency on a Layer 1 blockchain such as the XRP ￰1￱ material outlines how a blockchain-based version of the SDR could combine the IMF’s backing and the existing fiat basket model with the transparency and efficiency of distributed ledger ￰2￱ documents describe the proposal as a way to modernize the SDR framework, making it compatible with blockchain ecosystems while maintaining its reserve-backed ￰3￱ traditional IMF SDRs, which are allocated to member states, this proposed “crypto SDR” would be privately issued and freely circulated, creating a new bridge between traditional finance and digital ￰4￱ NEW SDR-BASED CRYPTO CAN BE ISSUED BY THE PRIVATE SECTOR ON A LAYER 1 BLOCKCHAIN SUCH AS THE XRP LEDGER Documented. ￰0￱ ￰5￱ — SMQKE (@SMQKEDQG) November 2, 2025 Design and technological framework The documents outline two models for possible ￰6￱ first involves developing a new blockchain to host the SDR token, defined as a Layer 1 ￰7￱ second, described as more practical, involves issuing the asset on an existing blockchain such as the XRP Ledger , a Layer 1 network designed for efficient cross-border ￰8￱ material notes that both options require strong compliance mechanisms and stable collateralization to preserve the SDR’s intended function as a low-volatility reserve ￰9￱ eSDR framework would use blockchain to streamline international ￰10￱ pegging its value to the SDR’s existing basket of major currencies, the digital asset would provide a stable valuation mechanism while removing reliance on ￰11￱ report suggests that the private sector’s adoption of a Layer 1 blockchain would allow faster deployment, real-time settlement, and enhanced data transparency across ￰12￱ in cross-border payments The documentation further explores how central banks or private issuers could use eSDRs to facilitate cross-border ￰13￱ outlines a model in which payments move directly from one currency into the eSDR and then into another, achieving near-instant settlement without traditional correspondent banking ￰14￱ proposed framework would also reduce foreign exchange costs and improve liquidity for banks, financial institutions, and potentially fintech platforms integrated with the ￰15￱ attached material references the XRP Ledger’s design as a foundation for this kind of programmable payment ￰16￱ highlights its high throughput, low transaction cost, and compliance adaptability as characteristics that could make it suitable for issuing an SDR-pegged ￰17￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Institutional Impact If implemented, an SDR-linked crypto asset could serve as a hybrid model between central bank digital currencies and stablecoins, combining regulatory oversight with decentralized technology.

However, the documentation acknowledges key challenges, including jurisdictional regulations, interoperability with existing systems, and the need for clear reserve management ￰18￱ to the research shared by SMQKE, private-sector issuance of an SDR-pegged digital asset on a Layer 1 blockchain could represent a major step toward a unified, blockchain-based reserve ￰19￱ model positions the XRP Ledger as a potential foundation for such development, aligning with ongoing efforts to enhance transparency and efficiency in the global payments ￰20￱ : This content is meant to inform and should not be considered financial ￰21￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰22￱ are advised to conduct thorough research before making any investment ￰23￱ action taken by the reader is strictly at their own ￰24￱ Tabloid is not responsible for any financial ￰25￱ us on X , Facebook , Telegram , and Google News