@beyond_broke Do you think that 1 XRP is 1 foot worth of 62.5 Billion "miles" of financial train rails globally? More XRP tokens more miles you own as part of the rails!! π
@JBook_37 As they say,
"You can't have your cake and eat it too."
David's statement is sign of a guy that might have trouble with accountability and standards. Let's see if he he can stay out of trouble, OFF the field.
This is amazing!!! $USDC is now on the XRPL.
Shortly after Ripple announced theyβd be launching their own stablecoin, I said it would be ridiculous for Circle to cede the ground that is the $XRP Ledger to Ripple.
Ripple has a real chance at dominating a significant portion of the stablecoin market.
It would make NO sense for Circle to have $RLUSD dominate the XRPL unchallenged.
Looks like Circle thought the same thing as me. And now theyβre competing head to head with Ripple for stablecoin dominance on the XRPL.
This will substantially increase the TVL (total value locked) on the XRPL which is a major predictor of whether or not a native cryptocurrency will appreciate in price in a meaningful way.
This is incredible news for all $XRP holders!
Remember: $XRP is required for $USDC to be tokenized on the XRPL, and $XRP is required as a gas token for EVERY $USDC transaction on the XRPL.
Just astonishing news. Truly. ππ€π»π₯