>>60642239>weren't trying to hypeWhy would I? Have you seen recent price action?
You take something that is required by law and makes the stable literally more attractive for institutional investors and spin it as if its a negative.
From their post:
With stringent safeguards including 1:1 USD backing by high-quality liquid assets, strict reserve management and asset segregation, third-party audits and clear redemption rights, RLUSD is designed to meet the highest expectations of institutional users and regulators.
Like I said, its another layer to keep the things backing the stables at another entity as another layer of security and trust. CLL literally has a product that verifies reserves at other financial institutions. You should be hyped CL could possibly provide this service.
>>60642239>market speculating on with XRPThats what I would like to ask you. Since these numbers from pure speculation seem a bit off. 10+ ETFs that require to hold the underlying asset are on the way. So even more speculation? Or is the market betting on actual utility?
>Because Link has XRP beat by a country mile and then some.I then look at the prices, I look at the charts. I tend to disagree for now.
I also like to look at this chart to put everything in perspective
https://studio.glassnode.com/charts/supply.Current?a=LINK&category=&chartStyle=line&pScl=lin&resolution=1month