Former U.S. treasurer names XRP advantage over other cryptocurrencies

Rosie Rios, who joined Ripple's board of directors in May, recalled that the XRP token is used for cross-border payments.
Former U.S. treasurer names XRP advantage over other cryptocurrencies

Former U.S. Treasurer Rosie Rios wrote on Twitter that the Ripple token is used in a cross-border payment system while other cryptocurrencies are created for speculation. In her opinion, this is an important advantage of XRP over other digital assets. Information from project Cry​ptoDeFix. China’s ban on cryptocurrency transactions should confirm this.

Last week, the People's Bank of China announced that cryptocurrency transactions are now completely banned in China. The use of digital assets in China now equates to illegal financial activity.

Mentioned project

Ripple A global and international financial system that includes its own cryptocurrency and medium of exchange.
A global and international financial system that includes its own cryptocurrency and medium of exchange.

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