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Learning & News => News related to Crypto => Topic started by: newshunter on August 20, 2020, 01:00:25 PM

Title: XRP Isn’t Competing With Stablecoins and CBDCs, Says Ripple Exec
Post by: newshunter on August 20, 2020, 01:00:25 PM

XRP Isn’t Competing With Stablecoins and CBDCs, Says Ripple Exec

XRP contributes to the development of CBDCs and stablecoins, says key exec.

Source: XRP Isn’t Competing With Stablecoins and CBDCs, Says Ripple Exec (https://cointelegraph.com/news/xrp-isnt-competing-with-stablecoins-and-cbdcs-says-ripple-exec)

Would appreciate your opinion about this

Title: Re: XRP Isn’t Competing With Stablecoins and CBDCs, Says Ripple Exec
Post by: TomPluz on August 20, 2020, 03:41:11 PM

I fully agree with this statement. There is no reason to be comparing XRP with stablecoins and those currencies to be issued by central banks (which we know can be happening soon especially if China is going to be successful with its digital yuan). Right now, XRP is going to be helping banks but we know there are some concerns of doubts whether this is something XRP is going to be successful with. Let's see many good things coming our of XRP.