In Episode 007 of The Macro, crypto analyst Lewis Jackson confronts one of the longest-standing questions in crypto: is XRP truly unique as a neutral FX conversion asset — or do other networks quietly compete for the same role? Drawing on BIS settlement guidance, operational resilience standards, compliance expectations, and live corridor data, Jackson compares XRP against XLM, USDC, RUNE, Bitcoin Lightning, Chainlink CCIP, Quant Overledger, and others. This report summarises his findings, clarifies what a conversion asset actually is, and examines why XRP’s real-world usage across SBI Remit corridors may position it distinctively within the coming tokenized financial system.