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ZachXBT: Neither ADA nor XRP receives any support from major stablecoin issuers
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7 hours ago 9,160
Golden Finance reported that on-chain detective ZachXBT responded to Trump's inclusion of cryptocurrencies such as XRP, SOL and ADA into the US crypto strategic reserves. He said that one of the better indicators to judge the legitimacy of a blockchain is to see how many native stablecoins the chain has issued from Circle, Tether or Paxos. So far, neither ADA nor XRP has received any support from major stablecoin issuers. XRPL/Cardano is said to be a booming ecosystem, with projects similar to Ethereum and Solana built on it, but the value proposition is slightly different from Bitcoin. So, will there be more centralization on the so-called "decentralized" blockchain?
Keywords: Bitcoin
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