Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC
The token will be “100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents.” according to the company.
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David Schwartz
The token will be “100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents.” according to the company.
Schwartz spoke to The Protocol about the aftermath of Ripple’s SEC win, his method for dealing with XRP’s rabid fanbase, the XRP Ledger’s controversial approach to centralization, and more.