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For a long time the native asset of the Ripple network XRP was the cryptocurrency with the second biggest market cap. But with much of the supply controlled by Ripple, it remained surrounded by controversy. Still, XRP remains an interesting asset to enable cross-border payments in the future. Miguel Vias recently joined Ripple after a long career on Wall Street to develop XRP as a liquid and widely accepted asset.
Topics covered in this episode:
How Miguel Vias went from trading precious metals to XRPThe similarities between precious metals and cryptocurrenciesThe role Ripple sees for XRPThe connection between XRP and interledgerWhy the FinCEN fine changed Ripple’s courseXRP’s role in cross-border paymentsHow Miguel is trying to create liquid markets for XRP Episode links:
Ripple Website CME Group Executive Miguel Vias Joins Ripple | Ripple "Ripple and R3 Team Up with 12 Banks to Trial XRP for Cross-Border Payments | Ripple" Q4 2016 XRP Markets Report | Ripple Welcome | Interledger FinCEN Fines Ripple Labs for Bank Secrecy Act Violations This episode was hosted by Brian Fabian Crain & Meher Roy, and is availble on YouTube, SoundCloud, and our website.
