Community Trust ScoreVerified
- Crypto-enabled Future and Ripple with Japan
- Senator Warren advocates for DLT promotes CDBCs
- Advocating for digital Assets
- Ripple leverages XRPL for CBDCs on private and secure ledger
Brad Garlinghouse expressed: Hugely excited about our newest ODL corridor. Japan is one of our largest markets. With regulatory clarity and innovative partners like SBI, the region is ready for a crypto-enabled future.
I’m encouraged by this morning’s Senate Banking hearing that members of Congress are looking to understand the nuances within crypto – a far cry from just a few years ago when some thought crypto is just a fad or mostly for criminals.
I’m also encouraged by bipartisan efforts to provide much-needed regulatory frameworks to an industry that is by and large looking to work with policymakers, not against them. As i have said before, all blockchains and cryptos should not be painted with a single broad brush.
Like any technology or currency, crypto & blockchain can be used for good or bad. To discount the real use cases for billions globally (cross-border/micro payments, tokenization, instant settlement, transparency to name a few) because of the actions of a few is shortsighted.
Crux: Senator Warren advocates for DLT and blockchain that promotes CDBCs
Community reaction: The ability to issue currencies such as stablecoins. This technology is already alive and has been battle tested for several years. Ripple has been working with central banks across the globe on CBDCs. It would be great if you sought solutions on this matter from the private.
Elizabeth Warren, all of the things that were discussed for about 2 hours this morning have been thought about by U.S Fintech Company, Ripple. The CEO is Brad Garlinghouse. Ripple is able to leverage the XRPL for CBDCs on a private and secure ledger. For ~8 years, the XRPL has had.
You don’t have to re-invent the wheel. Let Ripple guide you. They have the experience and a good track working with banks. Ripple Labs is an example of American innovation. Let’s use it to stay competitive with China, who is already ahead of us.
Warren is well-educated about the benefits of a CBDCs. She’s advocating for a digital asset that can provide fast, cheap and secure payments while staying mindful of environmental concerns. She’s playing second fiddle to the desires of the Federal Reserve and Ripple, indirectly.
The promise of a more inclusive financial system for all Americans that digital assets and blockchain technology are drastically reducing the cost of financial services eliminating fees, boosting access to capital; financial privacy and protection.
Hub: XRP price, news, and analysis
