/biz/ - Business & Finance

>>25538042

It also creates a capital gains/loss event every time it's used, making it an accounting nightmare and completely unusable for its alleged purpose

And banks are just deploying their own coins, which means XRP's only possible customers are going in-house, because weirdly they'd rather have a stablecoin that they control 100% of the supply of than a volatile token where 60% of the supply is owned by two guys and someone named Jed

And OCC just gave the official, all clear regulatory go-ahead for the deployment and use of those stablecoins

And the SEC is about to annihilate Ripple for its fraudulent practices, including but not limited to duping the retards ITT

And XRP's being delisted everywhere

>bullish!