Ripple Lawsuit Affected XRP Adoption, Crypto Lawyer Explains How

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Ripple Lawsuit Affected XRP Adoption, Crypto Lawyer Explains How
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CryptoLaw founder hints at what could have been for XRP adoption if not for SEC lawsuit

The CryptoLaw founder drew attention to the fact that before the Ripple case, Coinbase supported two coins for cross-border payments: USDC and XRP. Deaton provided a screenshot demonstrating this.Coinbase initially listed XRP on its platform in February 2019 and two months later began leveraging the token with USDC to expand into cross-border payments. The innovation allowed Coinbase customers to send funds for free to any Coinbase user anywhere in the world using XRP and USDC.

After XRP was delisted from the platform, USDC was the sole coin left and, thus, became the primary token for use in international money transfers.

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