With $ 16 billion in cryptocurrency, Ripple attempts a reset – Financial Times

With $ 16 billion in cryptocurrency, Ripple attempts a reset – Financial Times

San Francisco start-up Ripple can claim to have created one of the most valuable cryptocurrencies. Its digital tokens, known as XRP, have a total value of almost $ 30 billion, behind only Bitcoin and Ether.

But, eight years after its launch, Ripple is still trying to find compelling uses for the blockchain technology that underpins its currency that would justify such a high figure. Now, in an…

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