The most maddening coins in the market are $XRP
Yesterday, Ripple and its subsidiary received final approval from the Office of the Comptroller of the Currency (OCC) to become a national trust bank in the United States to manage their stablecoin, RLUSD. This is a very significant development.
Their stablecoin has reached a market cap of nearly $2 billion.
But the coin hasn’t shown even the slightest movement in response to this news because whales control more than 68% of the available coins. Even so, I’ve noticed whales accumulating it.
We might see a slight upward movement, but we don’t expect a strong rally because the coin has been misunderstood for a long time 😂
Yesterday, Ripple and its subsidiary received final approval from the Office of the Comptroller of the Currency (OCC) to become a national trust bank in the United States to manage their stablecoin, RLUSD. This is a very significant development.
Their stablecoin has reached a market cap of nearly $2 billion.
But the coin hasn’t shown even the slightest movement in response to this news because whales control more than 68% of the available coins. Even so, I’ve noticed whales accumulating it.
We might see a slight upward movement, but we don’t expect a strong rally because the coin has been misunderstood for a long time 😂
