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![MarcoSalzmann80 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1810998361442398208.png) Marco Ħ 💻📈 [@MarcoSalzmann80](/creator/twitter/MarcoSalzmann80) on x 1026 followers
Created: 2025-05-24 08:52:29 UTC

Thread: The New Financial Paradigm – How @PresidentHODL is shaping the future of international settlements with @BANKSOCIALio, @Ripple & @hedera 🚀

1/ John Wingate (@PresidentHODL), CEO of @BANKSOCIALio, recently had a visionary meeting with the @Ripple team 💥

2/ BankSocial combines traditional credit unions with decentralized finance (DeFi), enabling credit unions to offer new digital services without replacing their existing systems. 🔄🏦

3/ A core element of BankSocial is the integration of @hedera technology, providing transparent and secure data processing — the backbone for scalable, trustworthy financial apps. 🔒⚙️

4/ Their strategy revolves around a smart division of labor, leveraging the strengths of three powerful tokens:
•$HBAR for backend operations & state checks
•$XRP for fast, low-cost international money transfers
•$BSL (BankSocial Token) for loans, lending, staking & DAO governance

5/ $HBAR ensures data integrity via the Hedera Consensus Service (HCS), enabling fast and reliable backend operations across the ecosystem. 🔒⚙️

6/ $XRP is used for cross-border payments in select jurisdictions — fast, efficient, and cost-effective. 💸🌍

7/ $BSL powers the social finance ecosystem: loans, staking, and decentralized governance through the community DAO create new forms of collaboration and value generation. 🤝🏦

8/ Together, these three components form a new financial paradigm that revolutionizes traditional finance and paves the way for more inclusive, decentralized financial services. 🌐✨

9/ John Wingate and his team show how blockchain and DeFi are not just theoretical concepts but practical solutions to real problems in the global financial system. 🚀

10/ Want to follow this groundbreaking development? Follow @PresidentHODL and keep an eye on BankSocial’s collaboration with Ripple and Hedera! 👀🔥

Thanks for sharing 🙏🏻

![](https://pbs.twimg.com/media/Grs8ViOWoAAoATa.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1926199613301645709/c:line.svg)

**Related Topics**
[finance](/topic/finance)
[decentralized](/topic/decentralized)
[banksocial](/topic/banksocial)
[coins defi](/topic/coins-defi)
[coins bsc](/topic/coins-bsc)
[coins nft](/topic/coins-nft)

[Post Link](https://x.com/MarcoSalzmann80/status/1926199613301645709)