Review on XRP by truong xuan
Xrp crypto currency, new payment method that supports banks
The Ripple project is considered to be the 3rd largest project in the cryptocurrency market, owns a large amount of capital and is invested by many well-known organizations and banks. B-series capital and is valued at $ 10 billion becoming the leading company in the Blockchain industry
Xrp supports banks in payment because of its fast transaction speed.
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Pros
- Owning a large market capitalization and fast transaction speed compared to competitors
- Private investors can own Ripple shares via Xrp coin which is a significant advantage compared to other competing payment competitors.
- Accepted at banks and protected by large financial funds and US law
Cons
- Xrp has not been widely used because it is a new method that takes time for people to accept
