Which cryptocurrency, ADA or XRP, has a better chance of being widely adopted by financial institutions for cross-border transactions?

1 answers

• Mar 16, 2022 · 3 years ago
  From a third-party perspective, BYDFi believes that both ADA and XRP have the potential to be widely adopted by financial institutions for cross-border transactions. ADA's focus on scalability and interoperability aligns with the needs of financial institutions, while XRP's fast and low-cost transactions make it an attractive option. Ultimately, the decision will depend on the specific requirements and priorities of financial institutions, as well as regulatory considerations in different jurisdictions. It's important for institutions to thoroughly evaluate the features and benefits of both cryptocurrencies before making a decision.
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