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??
Just because of the entrance of a competitor which also isn't really competing directly, you are calling an end of a coin which is in top 10 and a great community support.
Jp Morgan might have made their coin but ripple has the first mover advantage and the required partnerships. They might try to acquire ripple that would be a different case.