Quote from: cryptowiked on October 12, 2019, 01:24:45 PM

The token XRP-BF2 is the real token to be pegged like the genuine XRP, it was likewise referenced Binance started the trading of XRP to XRP-BF2 and the equivalent in invert fro stores and withdrawals.

So as to build the exhibition and better versatility of Binance DEX, a comparative token as XRP-BF2 pegged with XRP is going to be propelled. This activity may dispatch Binance DEX as a comprehensively perceived decentralized trade stage.

New Source: Thecoinrepublic
https://www.thecoinrepublic.com/binance-dex-launches-native-token-pegging-to-xrp/

Binance is creating all these crypto pegged alts to make them easier to trade within different platforms it holds. It's just like the inter-exchange trade.
The BEP2 bitcoin could be considered an alternative to lightning network. As the original bitcoin remains with the binance, the token goes around.
This significantly reduces the fees and pressure on bitcoin chain but too much of it's success may even have negative effect on bitcoin economics.