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??
As far as I understand, stable coins cannot be compared with the usual cryptocurrency, in particular, with ripple. They have completely different tasks and functions. Therefore, I think that ripple does not threaten anything. This coin will continue to develop. In addition, banks are quite conservative in their choice. Without good reason, they will not switch to using another coin.