ZachXBT: ADA and XRP have not received any support from major stablecoin issuers
Golden Finance reports that on-chain detective ZachXBT responded on the X platform to Trump's inclusion of cryptocurrencies such as XRP, SOL, and ADA in the US crypto strategic reserve. He stated that one good indicator for judging the legality of a blockchain is to see how many native stablecoins have been issued from Circle, Tether or Paxos. So far, ADA and XRP have not received any support from major stablecoin issuers.
XRPL/Cardano is said to be a thriving ecosystem with projects similar to Ethereum and Solana built on it. However, its value proposition is slightly different from Bitcoin. So will there be more centralization on the so-called "decentralized" blockchain?
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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