Ripple's top executive invites community to visit upcoming Consensus2024 event to hear him discussing key new direction for Ripple
Ripple's top executive invites community to visit upcoming Consensus2024 event to hear him discussing key new direction for RippleDisclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies.
“Institutional DeFi” is the next iteration of decentralized finance aimed, as is clear from the title, at financial institutions – it brings together innovations of average DeFi protocols and the stability and safeguards of the traditional finance industry. It has “the potential for growth and transformative impact,” as stated in a report by J.P. Morgan. J.P.
DeFi mainly offers users to stake their crypto or lend them to other users/enterprises in exchange for regular profits on their cryptocurrencies locked in a DeFi contract.earlier, David Schwartz put an end to various speculations among the X crypto community as to the size of his crypto holdings and as to what his crypto portfolio consists of.
The Ripple CTO tweeted that, at his peak holding, he possessed approximately 26 million XRP. He confessed that he sold Bitcoin to buy more XRP and also Ethereum. However, Schwartz patriotically stated that he has never sold any XRP to buy any other crypto, except perhaps selling it for “some unusual purposes.”
Thus, his tweet put an end to the community speculating on whether he had sold any XRP. Large crypto sales made by prominent crypto influencers sometimes impact the market.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets.
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