Since I came on this forum, I have tried to read and understand the top 10 tokens on coinmarketcap
But today I want to talk about ripple
I have believed ripple to be a banks token, and they have couple of agreements with banks too
Making good progress.
But with JPMorgan creating a stable coin to be used internally for banking purposes and faster transactions; what happens to ripple ?
Anyone can enlighten me further the consequences of banks creating their own Blockchain, ignoring ripple??
For short term it could affect ripples price and we have seen it since the latest crypto currency rally XRP price seems stagnant and it is currently still consolidating. maybe investor are still weighing the jpm coin issue but so far still lots of positive news happening in XRP recently is the listing of coin in coinbase and coinbase pro plus more agreements in major banks worlwide that show interest on their products.