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??
a new business cannot be able to compete with veteran businesses. Besides, we still do not know how the transaction fees of JPM and their policies are. we still cannot confirm anything. If JPM really wants to compete with XRP, it must be a very interesting battle.
XRP will have to change the strategy to have a fierce competition and we will be beneficial. let's look forward to this new event.