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Uncle-Fungus

Does anyone else see the JPM Coin as a competitor

to XRP? Sounds very similar to me, and is conducting pretty large daily transactions ($1bn+)

#cryptocurrency #english #xrp
0

6 ответов

11 просмотров
Hash-Bandicoot

Not directly

0
8 месяцев назад
Michele-

JPM Coin is a stablecoin anchored to the US dollar with a collateralization ratio of 1:1. Launched in 2020, its sole purpose is to act as a temporary vehicle for real-time gross settlement among JPMorgan's institutional clients.

0
8 месяцев назад
Uncle-Fungus Автор вопроса
Michele
JPM Coin is a stablecoin anchored to the US dollar...

The obvious concern for me is that other financial institutions do the same before Xrp has made any useful transactions of its own.

0
8 месяцев назад
Michele-
Uncle Fungus
The obvious concern for me is that other financial...

something makes me think that jpm is the one keeping ripple in check via the sec...

0
8 месяцев назад
Uncle-Fungus Автор вопроса
Michele
something makes me think that jpm is the one keepi...

Yes, hopefully Ripple issues get sorted before they get up a head of steam!

0
8 месяцев назад
Jake-G. “Trust is the coin of the realm”
Michele
something makes me think that jpm is the one keepi...

That is quite possible… conventional banking scared of losing power and revenue… IMO

0
8 месяцев назад

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