The US Securities and Change Fee lawsuit towards filed in December 2020 has disadvantaged the XRP (XRP) token of practically three years of adoption within the U.S., stated pro-XRP lawyer John Deaton in a current put up on X (previously Twitter).
Deaton’s feedback got here amid Coinbase’s announcement that it has acquired a minority stake in (USDC) issuer Circle and shall be working to “unlock further utilities and develop the USDC ecosystem.” The lawyer mirrored on how Ripple and XRP have been on a trajectory of nice adoption in cross-border fee, and if not for the SEC lawsuit, the likes of Coinbase (NASDAQ:) may need proven comparable curiosity in Ripple.
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