- A recent Harvard presentation highlighted Visa’s patent for a blockchain-based digital currency system, mentioning XRP and XLM as potential supporting technologies.
- This academic recognition suggests that both XRP and XLM are seen as viable options for the future of global finance, potentially bridging traditional banking with blockchain.
In a significant development for the world of digital currencies, a recent presentation at Harvard University has brought attention to Visa’s patent for a new digital currency system. What’s particularly exciting for crypto enthusiasts is that this presentation pointed to Ripple’s XRP and Stellar’s XLM as examples of cryptocurrencies that could work well with such a system. This finding, shared by crypto researcher SMQKE, has created a lot of buzz in the digital asset community.
Visa’s Digital Currency Vision
The Visa patent describes a system where central banks could turn physical money into a digital form that works on a blockchain. This means banknotes could be taken out of circulation, and digital versions would be issued on a shared, secure ledger. The goal is to keep traditional money’s legal status while making it faster, more transparent, and more secure using blockchain technology.
This kind of system shows how much interest there is among central banks and big payment companies in creating digital money.
What makes this especially interesting for the crypto world is that Harvard’s presentation brought up XRP and XLM as possible ways to settle payments within this system. Both XRP and XLM are known for their ability to send money quickly and cheaply across borders, and they are designed to support digital tokens backed by traditional currencies. These features fit perfectly with the digital money model Visa has outlined.
Ripple’s XRP Ledger allows for nearly instant payments and has a history of working with large businesses. Stellar’s XLM, on the other hand, focuses on making international money transfers easy and affordable for both large organisations and individuals. These qualities make both XRP and XLM suitable as foundational technologies for Visa’s patented system.
Institutional Validation for XRP and XLM
While Visa’s patent doesn’t specifically name XRP or XLM, the Harvard reference, as noted by SMQKE, strongly suggests that these networks are considered good examples of blockchain systems that could support Visa’s plans. The Harvard presentation is more than just academic curiosity; it’s a form of institutional approval.
He recently drew attention to the foundational role Ripple and Stellar play in the global financial system’s transition toward blockchain-enabled infrastructure. According to SMQKE, both projects are already “wired into the future of finance” through formal inclusion in international technical standards that guide interoperability, compliance, and design of blockchain systems.
By showing Visa’s blockchain-based money system alongside XRP and XLM, the presentation highlights how cryptocurrencies are becoming more accepted in important financial discussions.
This recognition is very meaningful. For many years, XRP and XLM were often viewed mostly as speculative investments. Now, they are gaining attention as fundamental tools for the future of global finance. The presentation suggests that academic institutions see real-world uses for these digital assets within established, regulated financial systems.
SMQKE’s discovery has brought new hope to supporters of XRP and XLM, especially for Ripple, which is currently in a legal dispute with the U.S. Securities and Exchange Commission. Even with this legal challenge, developments like the Harvard presentation show that the underlying technology continues to gain acceptance in academic and business circles.
If platforms like XRP or XLM are eventually used within Visa’s system, it would be a major step towards combining traditional finance with the decentralised world of blockchain. XRP is currently trading at $2.29, up 0.46% in the last 24 hours. Stellar is trading at $0.2820, up 3.22% in the last 24 hours.
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