Tuesday, 15 Apr 2025

XRP dealers react to Eric Trump’s statement

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8 Apr 2025 04:42
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  • Die Commentsvon Eric Trump The XRP speculations have heated up again for blockchain technology.
  • Jazzi Cooper From Ripplex Confirmed upcoming XRPL functions such as underpassed loans that are supposed to promote acceptance in the real world.

The recent interview von Eric Trump At Fox Business, a new interest in the XRP community has aroused because it actively supports blockchain technology against conventional banking systems.

Although he never mentioned XRP, become His statements As a tacit allusion to the practical application of the digital Assets valued. During the interview, Trump criticized the Inefficiencies of the banking sector and referred to his experience in the real estate sector .

He explained that banks tend to exercise control over companies and even terminate them that do not agree with ideologically. The caused him to deal with the advantages of blockchain platforms and cryptocurrencies.

Trump questioned The outdated infrastructure of the financial system in the form of sluggish transaction rates and restricted business hours. He emphasized that blockchain technology It is able to all the functions required by the banks to meet fast, cost -effective and more transparent.

His admiration for Bitcoin as an effective wealth memory and protection against real estate was part of his general support for decentralized finances.

Krypto-investor xaif repliedthat what Trump said closely with that Agreement what Ripple is working on.

In his view reflected The frustration expressed by Trump The same problems are trying to solve the XRP with cross -border financial transactions in real time and at low costs. This was seen by XAIF as a sign of this that influential voices begin with the Purpose to promote cryptocurrencyalbeit indirectly.

The reaction on the Internet was quick. A user claimed That blockchains do the work of the banks better, while banks still demanded $ 35 for an unresolved check.

Others got over The pace of bank reform lustig and described the acceptance of XRP as Slowly, but at least hope.

Ripple Manager outlines XRPLS RWA potential

Nchdem Trumps Expressions had become known, the senior XRPL product manager Jazzi Cooper gave the YouTube channel Thinking Crypto an interview. Darin She outlined future improvements in the XRP Ledger, which would signal a turning point in its acceptance, especially for institutions and individual users who are looking for more decentralized financial instruments.

One of the most important updates that were discussed was the release of underground loans. Such lending that is integrated into the XRP Ledger itself will enable borrowers to receive access to money without being a security deposit must be provided in advance.

Cooper described this new credit protocol as A possibility Peer-to-peer-krediteTo enable that connect the borrower and lender directly and exclude intermediaries. Liquidity providers would earn interest rates by depositing XRPL-native token and thus promote a more active ecosystem.

She speech also About the idea of Private ledger. These are independent of the public XRP Ledger, be based on but on the same underlying technology.

This offers institutions, especially banks, the opportunity to use blockchain and makes the technology attractive for the implementation of High quality or sensitive financial transactions.

She continued that The cost savings would be considerable when the banks work with the blockchain would. With a lower processing delay and fewer Intermediate dealers offers blockchain a slimmer and faster way to process global payments.

These innovations contribute to this that Ripplex can fulfill his mission, Decentralized financial instruments for real institutions with less technological complexitymake .

The true origin and purpose of XRP reappears

While others theorize that XRP Created for an institutional takeover, other voices in the community have explained its true origin.

Panos, co -founder of Anodos Finance, Has recently The story of Ripple’s native token and the XRP Ledger re -rolled And pointed out that the core task of XRP never consisted of operating banks rather to displace them.

Panos made it clear that Ripple’s cryptocurrency was developed as an improved and faster edition of Bitcoin to develop individuals and companies as opposed to Banksupport .

The author of the very beginning, David Schwartz, Arthur Britto and Jed McCaleb, introduced the XRP Ledger in 2012 in the hope Users of restrictive financial networks such as PayPal and traditional banks free. Ripple as a company did not exist at the time.

He explained that the original vision of XRPL included a decentralized exchange, tokenized assets and peer-to-peer finance functions.

Panos says that Ripple Labs first 2014 started solutions for institutional customers in to put the foreground to offer swift the forehead and the same Competitive conditions for smaller banksto accomplish .

There XRP ledger Was as Reaction to frustration with centralized systems developed . One of his inventors was even excluded by PayPal, which caused him to create a system in which the users himself would have control over their finances. The platform was developed to combat censorship, to avoid high fees and Delays during billing reduce .

No matter whether are institutions Use the blockchain to reduce costs, or to individuals who want to deal with the conventional financial world the XRP is still considered the bridge between them by many.

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