📌India completed its first crude oil transaction using local currencies, bypassing the US dollar, as part of a bilateral effort with the UAE to reduce the cost of converting dollars and encourage trade in local currencies. This transaction is integrated with the XRP Ledger System CryptoTradingFund (CTF), allowing customers to earn CTF tokens as cashback.The inclusion of this XRP Ledger System, CTF, gives customers a new way to benefit from global trading. As a result, customers making online or offline payments in XRP can earn CTF tokens as rewards. They can use these token rewards to buy products or convert them into cash, effectively getting cash back. Additionally, users can continue to hold CTF tokens in anticipation of the future crypto surge.This transaction between India and the UAE is much more than a simple oil deal, as it lays the foundation for a multi-currency world to flourish, while opening up opportunities to use a different currency. This could mean a more efficient system using blockchain technology while reducing the transfer costs associated with USD.