Ripple’s Ascendance: World Bank Classifies XRP as Stablecoin for Instant Transactions

A report from the World Bank back in 2021 has resurfaced, under which it identified Ripple’s XRP and Stellar’s XLM as ideal stablecoins for cross-border payments. World Bank claimed in its report that the two tokens “enable faster and more efficient cross-border payments relative to correspondent banking.” Ripple’s XRP and Stellar’s XLM are two cryptocurrencies […

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