Ripple is Becoming a Bank…Iraq cannot revalue into the old system. The old SWIFT-based correspondent banking network is too slow, too surveilled, too easily blockable. A 1.00 & $3.22+ dinar would trigger capital flight the moment it hit the legacy rails unless the exit doors are controlled…Ripple’s technology…gives Iraq a walled garden for the first wave of revaluation…IMO- The delay until November is Iraq waiting for the Ripple-OCCT-DTCC infrastructure to be operational…The budget submission on November 13-15 is the precise timeline where Iraq’s oil-backed assets get tokenized on the DTCC’s new digital ledger.
