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Home Altcoins News Ripple Reigns and Innovation Continues Despite XRP SEC Issue

Ripple Reigns and Innovation Continues Despite XRP SEC Issue

Ripple Reigns and Innovation Continues Despite XRP SEC Issue
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XRP provides for a unique profit opportunity because of the SEC lawsuit.  The token is surely not a long-term hold. The proceedings of the lawsuit is very slow and it is very obvious that the SEC are trying to prevent Ripple from getting essential documents regarding this case.

The SEC are dragging their feet in a desperate attempt to find something, somewhere, anything to get a last-minute win. SEC cases only go fast because people would rather pay the fine than deal with the headache.

Despite, Ripple CEO believes that the SEC lawsuit could be resolved in a year.  Therefore, the expectation is that the price of XRP will disregard the FUD and will double soon.

Despite the stressors related to the lawsuit, macroeconomic, and geopolitical issues Q1 showed record breaking growth for ODL (On-Demand Liquidity).

Ripple Liquidity Hub will unlock new avenues for businesses and financial institutions to: Remove barriers to crypto access.  Build new lines of revenue.  Free up working capital. And, all of these are offered as a Turnkey solution.

Further, By offering customers access to deep liquidity pools and optimized pricing for an array of Digital Assets, the new plug-and-play Ripple Liquidity Hub platform will enable enterprises to confidently enter a crypto future.

Also, Ripple is the first major blockchain company to pledge to be carbon net zero by 2030, Ripple is dedicated to treating every day like EarthDay and making lasting commitments to fight climate change.

Ripple Liquidity Hub will accelerate crypto-driven business by providing all that is required to use crypto effectively providing for a trusted one-stop shop for buying, selling and holding digital assets.

Ripple continues to promote CBDCs citing reasons like Increased financial inclusion, speedier distribution of payments, and more efficient cross-border payments.

Community Reaction:  XRP investors have a widespread opinion that the only reason SEC went after Ripple is because Ripple will take away the need for dollars on international transactions.  The need for dollars in international transactions is something that the USA earnt Billions on over the years.  They wanted to punish Ripple for it.

Critics:  59% of Ripple’s business is outside the USA. Why is the price not increasing? They speak about billions of volume. I don’t think that 41% makes the difference if they win the SEC case? Is there a hidden ledger?

Believers:  Investors not blowing their money yet because of the case! Just wait for it until it is finished. Once Ripple wins XRP will be like a balloon going to space without blowing in from the atmosphere. 

 

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dan saada

dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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