Definitely one of the most controversial tokens has undoubtedly been and is XRP. Its history alone can challenge many concepts of what can be considered a cryptocurrency and its emphasis on a new decentralized order system or simply the automated evolution of a system that only improves and adapts in a next-step environment. Really XRP can have debates in all areas and as we see, it will be part of that history that has already begun to be wielded in the generations of change.
Even so, with its short life, it has given many ups and downs in the development of taking a privileged and ambitious place if you want, not only to be on the side of the institutionality under a centralized traditional scheme but to show itself to users as one more of the litter of financial freedom that are proposed with many options for change. Ripple and XRP have made it clear that they are an option that does not define a side, it is only looking to obtain an advantage that will catapult it into a competitive position, as simple as that. Business interest and greed.
However, and marking our position, we do not underestimate the potential that this company represents and offers, beyond its legal problems that only delay a management, the interest in the XRP token and other alternatives of this network has further awakened the need to explore this technology that certainly has the muscle of competition. Now that we see a strong interest in banks like France and Europe, we see that things are serious with digital radicalization. The technology that Ripple now wants to work with will show a way for the free circulation of CBDCs as an alternative for these centralized institutions.
Although it is only news that has not been explored, we can investigate a more striking use that rests on its blockchain and the exchange technology it offers. Honestly, the network that has developed over the years is bearing fruit and now serves as the basis for a unique promotion in payments beyond the cross-border..
As is already known, the Digital Euro is a fact, we simply hope to see its action and scope; which areas will take the first step for an evaluation before going into production. This of course covers the Ripple platform that would also be in the process of observation. Its multiphase character plays an important role, its easy adaptation to scalability makes it considerate and its low fee costs also weigh in the deciding factor.
The competition is intense, and Stellar has also had functionality tests and its presence will always be in force; This little sister also has several tricks to show. For now, it only remains to hope that Ripple can cope with the SEC's lawsuit. This will undoubtedly happen the same as its predecessors. Even so, this has cost a strong setback for the token, even in the season where the capitalization and valuation of many has been increasing. However, XRP has shown its trustworthy attributes, even exceeding $ 0.50 on some occasions.
The images shown in this article were taken from the following spaces whose links I place for your knowledge. I also leave a reference link that helped me build the ideas of this information.
- https://www.criptonoticias.com/comunidad/entretenimiento/ufc-nombra-stake-com-socio-apuestas-latinoamerica-asia/
- https://es.beincrypto.com/banco-francia-ve-xrp-como-plataforma-potencial-para-euro-digital/
