Stablecoin

2024

Coin

<ul class="news-points"> 
 <li><strong>Ripple’s plan to introduce stablecoin brings along scepticism over integration with XRP in payments.</strong></li> 
 <li><strong>Bill Morgan questions the necessity of combining stablecoin with XRP in crypto-enabled payments.</strong></li> 
 <li><strong>Ripple aims to bridge traditional finance and crypto through stablecoin launch on XRP Ledger.</strong></li> 
</ul> 
<p>Famous Attorney and key figure in the digital asset world, Bill Morgan, has publicly questioned Ripple CEO Brad&nbsp; Garlinghouse’s announcement regarding the company’s forthcoming stablecoin launch.</p> 
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   <p lang="en" dir="ltr">You say you will use the new stablecoin together with XRP in crypto enabled payments. I have assumed XRP was sufficient of itself as a bridge in payments so how are they used together or why do they need to be used together. Are they options to use as the payment bridge and… <a href="https://t.co/PLdB4H3cUE" target="_blank" rel="nofollow">https://t.co/PLdB4H3cUE</a></p>— bill morgan (@Belisarius2020) <a href="https://twitter.com/Belisarius2020/status/1775987957985677380?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">April 4, 2024</a>
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<p>Yesterday, Ripple had <a href="https://ripple.com/ripple-press/ripple-to-issue-usd-backed-stablecoin-bringing-more-utility-and-liquidity-to-xrp-ledger/" target="_blank" rel="nofollow">announced</a> its intention to <a href="https://coinedition.com/breaking-ripple-moves-to-launch-stablecoin-on-xrp-ledger-xrp-soars-4/">introduce</a> a stablecoin pegged 1:1 to the USD, to be hosted on the XRP Ledger and Ethereum. The decision came in response to the flourishing stablecoin market, which is valued at around $150 billion, with projections indicating exponential growth to exceed $2.8 trillion by 2028.</p> 
<p>The…</p>
<p>The post <a href="https://coinedition.com/crypto-community-divided-over-ripples-plan-to-introduce-stablecoin/">Crypto Community Divided Over Ripple’s Plan to Introduce Stablecoin</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Crypto Community Divided Over Ripple’s Plan to Introduce Stablecoin

Coin Edition

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