In the fateful month of August in the year 2024, our humble abode, CryptoTimes, proclaimed a momentous event: India and the United Arab Emirates (UAE) had embarked on their inaugural crude oil trade, wielding their local currencies like swords, bravely bypassing the mighty US dollar. Oh, the audacity!
Then, like a phoenix rising from the ashes, a tweet from the illustrious @Brett_Crypto_X emerged, declaring, “Ripple partners with India in a groundbreaking move!” This proclamation suggested that the XRP Ledger was the unsung hero behind the curtain, orchestrating the grand oil transaction between India and the UAE. 🎭
Alas! The tweet painted a picture of Ripple dancing hand in hand with the Indian government, its blockchain infrastructure gallantly engaged in the transaction. But hold your horses! 🐴
We, the diligent scribes at Crypto Times, must clarify with the utmost sincerity: we never uttered a word about Ripple’s partnership with India. Our report merely illuminated the undeniable fact that India and the UAE had indeed conducted their oil trade using local currencies. No secret alliances here, folks!
We merely hinted that some sources speculated the XRP Ledger might have played a role in the shadows, facilitating the transaction. Yet, no confirmation has graced our ears from the Indian or UAE governments, nor from Ripple itself, regarding any partnership. So, let’s not get carried away with wild imaginations! 🦄
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2025-04-19 20:36