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ZAMA:- There’s already an ongoing buzz in web3 around the race by Crypto brands securing the Unicorn status. The prediction market platforms, Polymarket and Kalshi, have recently been leading this race. While Polymarket is in the final stages of acquiring the Unicorn status, its competititor Kalshi crossed the $2 billion mark on June 25. As
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World Liberty Financial, a decentralized finance platform tied to the Trump family, has announced a major new deal. As revealed by Bloomberg, it is partnering with Re7 Labs, a tech arm of London-based hedge fund Re7 Capital. World Liberty Financial Boosts USD1 Expansion with A New Partnership This marks a new step for the project,
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In the latest XRP news update, Teucrium CEO Sal Gilbertie addressed the Ripple token as the cryptocurrency with the highest utility. After launching the first-ever XRP ETF, the investment firm’s CEO remains vocal about the token’s utility and real-world use cases.
While hailing XRP as the most useful crypto asset, Gilbertie underscored its unique value proposition and strong development backing. Let’s explore the token’s unique use cases through the lens of the Teucrium CEO.
In a recent interview with Bloomberg, Teucrium CEO Sal Gilbertie praised the XRP token for its real-world utility. For him, XRP stands unique among other cryptocurrencies due to its dual strengths: a tradable asset with a clear function and robust development support. Gilbertie cited,
We chose XRP because we believe it’s the coin with the most utility. It’s not just speculation; it facilitates real transactions. Ripple is a team of true professionals.
Furthermore, the Teucrium CEO shared a comparative study on XRP and Bitcoin. Contrasting XRP with BTC, the CEO described the former as a practical tool for transferring value. He posited, “Bitcoin is a store of value, and that’s valid. But XRP has a real use case.”
Investment giant Teucrium recently launched the first-ever XRP ETF, sparking optimism within the Ripple community. After a week, the CEO came forward, expressing the platform’s enthusiasm for the project.
In addition, CEO Gilbertie praised Ripple and its team for their endeavors over the past years. He hailed the Ripple team as “professional people working really hard.”
According to Gilbertie, both Ripple and XRP are paving the way for a significant shift in the financial landscape. He added that the platform envisions a future where everything is tokenized.
Further bolstering his statements, he addressed Ripple’s recent acquisition of the broker-dealer Hidden Road. He acknowledged it as a phenomenal development towards the integration of traditional finance with decentralized finance (DeFi).
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As the cryptocurrency market navigates a sea of volatility, certain on-chain metrics are pointing to a potential price reversal for…