Finance News
By Steven Anderson
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Ripple (XRP) Vs. Stable Coins
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Processing cross border payments, real-time, across 40 countries with certainty and end-to-end tracking makes it easy for more than 200+ financial institutions to connect and…
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When banks join RippleNet they are able to generate new revenue as they are able to meet customer demands for global reach.
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Asheesh Birla points to how the pandemic continues to highlight the requirements of overseas workers around the world.
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The current law suit is in the US and the US users are not giving a heck, but there are 7 billion people living outside of it who use, and will eventually use, RippleNet and XRP.
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Asheesh has been trying to explain what the stable coins do not offer. He points to how stable coins are not trustless systems.
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He also pointed to the immutable standards provided by the ERC-20, XRPL IOU, etc. Therefore stated that Innovative financial services can be built off of these standards without…
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In summary, he states that by looking at some questions lately about stablecoins vs. cryptocurrencies like BTC, ETH, and XRP that first and foremost that it is very clear that…
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Things will get far better if there will be an SEC chair that understands how to advance innovation while protecting consumers and markets, not pro-innovation lip service.
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The current scenario is bad with the SEC in that they permitted XRP selling for 7 years and then pulled the rug 2 days before Christmas 2020 and all the investments of investors…
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