CandleFocus Ripple Not Reliant on XRP Holders, Business Expert Claims
2024-09-11
Author: Content Editor
According to business leader and performance expert Jake Claver, Ripple's success does not depend on individual blockchain adoption, setting it apart from other blockchain projects. Ripple focuses on enterprise and government-level solutions and facilitates institutional-grade transactions and cross-border settlements. Ripple recently announced its RLUSD stablecoin, which is exclusively available to institutional clients. However, the market cap of the XRP Ledger ecosystem has hit a new low, indicating developers leaving and capital moving out. Despite securing a court victory last year, Ripple allegedly shifted from XRP to USDT for its On-Demand Liquidity solution.
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