Date: 2023-09-11T19:28:06Z Creator: Bitfolio Academy
The titan of finance, JPMorgan Chase, is shaking up the crypto scene! Forget the 9 trillion dollars of daily transactions, this giant is pioneering a new way of doing international money transfers using the power of cryptocurrency and public blockchains!
But wait, this disruption is not just occurring at banking giants. Rather, it’s engulfing online payment giants, like PayPal and Visa, also! PayPal has unveiled ‘PayPal USD’. Meanwhile, Visa is also diving headfirst by partnering with the high-speed Solana blockchain to transfer USDC.
Now, it’s surprising that Ripple’s XRP, usually so warmly welcomed, is feeling the icy chill from banks like JPMorgan Chase. But this is a new age, embracing new, dynamic technology solutions over old favorites.
So hold onto your hats because the cryptocurrency innovation is only accelerating!
Let me know in the comments. 🤔
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