Saturday, January 23, 2021
  • Contact Us
  • Privacy Policy
FIND CRYPTO NEWS
Advertisement
  • Home
  • Latest News
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Litecoin
    • Altcoin
  • Live Cryptocurrency Prices
  • Analysis
  • Blockchain
  • Regulation
  • Trading
No Result
View All Result
FindCryptoNews.com
  • Home
  • Latest News
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Litecoin
    • Altcoin
  • Live Cryptocurrency Prices
  • Analysis
  • Blockchain
  • Regulation
  • Trading
No Result
View All Result
FindCryptoNews.com
No Result
View All Result
Home Regulation

Ripple Exec: XRP Does Not Compete With Stablecoins or CBDCs

August 19, 2020
in Regulation
2 min read
MoneyGram Received $15.1 Million in XRP Incentives From Ripple in Q2 2020
585
SHARES
3.3k
VIEWS
Share on FacebookShare on Twitter

You might also like

Rick and Morty-Themed Crypto Art Sells for $290,000 on NFT Marketplace

XRP Token Holders to Receive Second Token Airdrop from Flare Finance

MicroStrategy Uses Bitcoin Price Dip to Add More BTC to its Billion-Dollar Treasury

Ripple’s Senior Director of Global Operations Emi Yoshikawa says that XRP is not competing with other digital assets, including stablecoins and soon to be launched central bank digital currencies (CBDCs). 

Speaking in a recent interview with Japanese cryptocurrency exchange FXcoin, Yoshikawa was asked whether XRP and other crypto-assets would remain relevant following the increase in stablecoins and future launch of CBDCs.

The Ripple exec claimed the role of XRP was as a “bridge asset in international settlement” rather than being a direct competitor to stablecoins. She called XRP complementary to central bank currencies and believed the two would create synergy in response to liquidity issues. 




Yoshikawa was also asked to comment on the increased popularity of XRP in Japan, which she attributed to Ripple’s clear vision in the country and the crypto-asset’s impressive technology.

She said, 

Many people who have sent XRP are very impressed with the instant and elegant money transfer experience (I am one of them), but XRP is fundamentally easy to use and has excellent crypto assets. I think that is a big reason to attract people. If you haven’t sent XRP money yet, give it a try!

Yoshikawa asked Japanese XRP fans to continue supporting local community efforts and to collaborate on interesting ways for the technology to be implemented. 

Featured Image Credit: Photo via Pixabay.com

Credit: Source link

Previous Post

Bitcoin is “Fragile” as It Trades Below Multiple Crucial Levels

Next Post

Kucoin Warns against Phhsing Scheme Incentivizing Deposits

Related Posts

Rick and Morty-Themed Crypto Art Sells for $290,000 on NFT Marketplace
Regulation

Rick and Morty-Themed Crypto Art Sells for $290,000 on NFT Marketplace

January 23, 2021
‘Airdrop Madness’: Crypto Trader Asks Investors to Keep an Eye out for Free Tokens
Regulation

XRP Token Holders to Receive Second Token Airdrop from Flare Finance

January 22, 2021
Peter Schiff Denies Companies Selling Gold for Bitcoin
Regulation

MicroStrategy Uses Bitcoin Price Dip to Add More BTC to its Billion-Dollar Treasury

January 22, 2021
Van de Poppe Predicts Bitcoin Reaching $40,000, Altcoins Turning Bullish
Regulation

Bitcoin Community Rallies to Defend Satoshi Nakamoto’s Whitepaper

January 22, 2021
Crypto ETP Assets Under Management Grow 95% as Institutional Demand Grows
Regulation

Crypto ETP Assets Under Management Grow 95% as Institutional Demand Grows

January 22, 2021
Next Post
Crypto Hedge Fund Shuts Down After Losing Half Its Money

Kucoin Warns against Phhsing Scheme Incentivizing Deposits

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Chainlink Preparing for Smart Contract Virtual Summit to Discuss the Future of DeFi With Leading Speakers

Chainlink Preparing for Smart Contract Virtual Summit to Discuss the Future of DeFi With Leading Speakers

August 20, 2020
Ripple (XRP) Community Feels it is like Adopt or Get Left Behind

Ripple (XRP) Community Feels it is like Adopt or Get Left Behind

December 10, 2020

Don't miss it

Crypto News

Cosmos (ATOM) Geared Towards Facilitating True Interoperability

January 23, 2021
Rick and Morty-Themed Crypto Art Sells for $290,000 on NFT Marketplace
Regulation

Rick and Morty-Themed Crypto Art Sells for $290,000 on NFT Marketplace

January 23, 2021
IOTA Getting Busy With More Smart City Projects on Blockchain with OBSR Foundation and Tanglehub
Crypto News

IOTA Getting Busy With More Smart City Projects on Blockchain with OBSR Foundation and Tanglehub

January 23, 2021
Bitcoin Traders Expect Volatility as Options Expire
Analysis

Bitcoin Traders Expect Volatility as Options Expire

January 22, 2021
‘Airdrop Madness’: Crypto Trader Asks Investors to Keep an Eye out for Free Tokens
Regulation

XRP Token Holders to Receive Second Token Airdrop from Flare Finance

January 22, 2021
Bitcoin Rallies Towards $24,000 as Market-Wide Uptrend Continues
Bitcoin

Bitcoin Posts Massive Overnight Rebound, But Bulls Aren’t in the Clear Yet

January 22, 2021
FindCryptoNews.com

FindCryptoNews is an online news portal that aims to provide the latest crypto news and real-time updates around the world. Feel free to get in touch with us!

Recent News

Cosmos (ATOM) Geared Towards Facilitating True Interoperability

January 23, 2021
Rick and Morty-Themed Crypto Art Sells for $290,000 on NFT Marketplace

Rick and Morty-Themed Crypto Art Sells for $290,000 on NFT Marketplace

January 23, 2021

Subscribe Now

Loading

© 2020 FindCryptoNews.com - All rights reserved!

No Result
View All Result
  • Home
  • Latest News
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Litecoin
    • Altcoin
  • Live Cryptocurrency Prices
  • Analysis
  • Blockchain
  • Regulation
  • Trading

© 2020 FindCryptoNews.com - All rights reserved!

  • bitcoinBitcoin(BTC)$31,953.00-0.66%
  • ethereumEthereum(ETH)$1,233.220.69%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$0.271239-0.51%
  • cardanoCardano(ADA)$0.342655-1.14%
  • litecoinLitecoin(LTC)$138.98-0.04%
  • bitcoin-cashBitcoin Cash(BCH)$427.79-2.66%
  • stellarStellar(XLM)$0.267896-2.02%
  • eosEOS(EOS)$2.754.36%
  • moneroMonero(XMR)$137.540.72%
  • tronTRON(TRX)$0.0289931.70%
  • nemNEM(XEM)$0.215368-0.60%
  • neoNEO(NEO)$24.663.34%
  • iotaIOTA(MIOTA)$0.4589301.56%
  • dashDash(DASH)$104.831.09%
  • ethereum-classicEthereum Classic(ETC)$7.513.08%