The Atlanta Federal Reserve Bank has characterized XRP as an “international payment medium or settlement coin”. This digital asset is designed to facilitate fast, low-cost, and secure cross-border payments. XRP is used by financial institutions and payment providers to transfer money across borders quickly and efficiently.
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Looks like XRP and BTC maxies having a fight, but might also be a possible additional income maybe by both sides regarding long and short
This is both bad and good for xrp depending on where you view it from. SEC is fixed on pinning xrp down as a security, and this statement aims towards confirming it.