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via crypto.news · By crypto.news Editorial

XRP could lose some payment flows to stablecoins, Ripple CEO says

XRP

XRP/USDT

$1.5526
+1.30%
24h Volume

$3,148,965,592.78

24h H/L

$1.63 / $1.5191

Change: $0.1109 (7.30%)

Long/Short
72.4%
Long: 72.4%Short: 27.7%
Funding Rate

+0.0042%

Longs pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.5496

▼ -1.20%

Volume (24h): -

Resistance Levels
Resistance 3$1.894
Resistance 2$1.6999
Resistance 1$1.5701
Price$1.5496
Support 1$1.5151
Support 2$1.394
Support 3$1.2788
Pivot (PP):$1.5725
Trend:Uptrend
RSI (14):62.0
CE
crypto.news Editorial
(11:36 AM UTC)
1 min read
DK
Approved byDavid Kim

Ripple CEO Brad Garlinghouse has said XRP is not necessarily the best asset for every payment use case, acknowledging that stablecoins can solve some customer problems more effectively.

Summary

  • Ripple CEO Garlinghouse says XRP may be the best bridge asset for some payment cases.
  • Ripple Payments supports RLUSD, USDC, USDT and fiat depending on business…

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Source

crypto.news Editorial · crypto.news

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