Durham University Study Declares XRP a ’Radical Form of Commodity Money’—Here’s Why It Matters
XRP just got an academic stamp of approval—and a provocative new label. A Durham University research paper has dubbed the cryptocurrency a 'radical form of commodity money,' sparking fresh debate about its role in the future of finance.
What does that mean? Unlike Bitcoin's 'digital gold' narrative or Ethereum's smart contract playground, XRP's value proposition hinges on its utility as a frictionless bridge between currencies. The study suggests it operates more like a tradable commodity—think oil or wheat—than traditional fiat or speculative crypto assets.
The timing couldn't be sharper. With regulators still scratching their heads over how to classify cryptocurrencies, this research throws gasoline on the 'is it a security?' debate. Meanwhile, bankers quietly keep using XRP for cross-border settlements—because when profits are on the line, even the most vocal crypto skeptics become pragmatists.
One thing's clear: in a market obsessed with memecoins and celebrity-endorsed tokens, XRP's boring-but-functional approach might just be the radical shake-up finance needs. Or as Wall Street would say—'disruptive' until it saves them 30% on settlement costs.
Amid recent bipartisan legislation efforts toward legal clarity in the U.S., the XRP community has renewed discussions around XRP's position as a commodity. Specifically, SMQKE, a self-acclaimed researcher, recently called attention to an academic study that discussed XRP's position in finance.
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