Forbes Publishes List of Ripple & XRP Misconceptions

Mainstream financial outlet Forbes has published a list of misconceptions related to Ripple and the 3rd largest cryptocurrency by market cap XRP.

Among the 14 myths that the article dispels, the most pertinent relates to the belief that XRP is not needed for Ripple’s payment protocol. While most cryptocurrency investors are familiar with the XRP coin, they fail to fully understand the relationship between Ripple, their payment protocol and how XRP functions in it all. Of the two products offered by Ripple, xCurrent has the highest current rate of adoption and appears to be the major competitor to industry-standard SWIFT in offering secure, cost effective global transactions.

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