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Could the ripple company be looking at developing a stable coin in the future?

  • Thread starter Thread starter BrolySSJ
  • Start date Start date
Well I'm sure they have lots of idea I'm stick but the thing still remains that first things first, I don't know if the suit has been settled but that should be cleared up by now too
 
It does not matter if the coin Is chosen by some banks or whatever, I think it could be a stable coin and even gave the potentials regardless of the lawsuit.
 
I don't think they would do that because if it was during the law suit case , the investors would lose hope in them thinking they want to create another fake coin
 
I really hope they will because I like Ripples for its minimal gas fees. Also, I actually saw potentialities in Ripples but the incessant fluctuations is not encouraging although it is bound to happen.
 
I don't think,even though the rate of ripple has dropped drastically,but I think they will still maintain the ripple because sooner or later ripple rate will increase.
 
I don't think Ripple Lab is trying to create a stable coin. In order to create stabke coin and give it a fixed value, the company needs to create a reserve of that value. This is not possible.
 
The major factor behind the stable coin is to increase the use of the ripple platform. It would definitely increase the number of users on the ripple platform.
 
Yes absolutely, now they have more experience, they know better and won't break any regulations so as to avoid what happened to the XRP coin, and ripple has a company have been phenomenal.
 
I heard the news that ripple is planning to launch its stable coin. I am not In support of this because the ripple itself hasn't been developed yet. The coin is still struggling in the crypto market.
 
I just hope the stable coin will be choosen by some banks and exchange. This would really help ripple coin recover from their losses during the law suit. Let's just keep our fingers crossed and see what happens.
 
Prettybabe said:
If creating a Stable coin is going to help Ripples company to recover fully from whatever effect the law suit is having on them. Then should by all means go for it.

It is a welcomed idea as long as it going to bring progress and also give people who already invested in Ripples hope.
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It will actually be very difficult for them to set up a stablecoin windier cryptocurrency coin is not really recovering from what is been passing through for a very long time now.
 
Well, due to it recognition in the United states government, I believe the Ripple company should start thinking of developing a means to which it coin will be stable in value to easy the means of international government transactions.
 
Syldan said:
Well, due to it recognition in the United states government, I believe the Ripple company should start thinking of developing a means to which it coin will be stable in value to easy the means of international government transactions.
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I am not really against the introduction or the creation of the XRP stablecoin, but I feel that a lot still have to be done. The coin still need to finish the lingering battke with SEC.
 
Well, for now I dont think there will be any decentralized coin launch that will stable in value unless if the coin will be centralized and control by a single body of government.
 
I do not really think that coming up with a stable coin is actually a good idea. They already have a coin that has not done well since its inception and should rather make sure they work on it.
 
In the cryptocurrency space we have seen a lot about how u s t is stablecoin has actually improved the price of luna and its ecosystem. I will not be surprised if ripple actually is planning about something like this and it is going to be a very beautiful thing to say.
 
Developing a stablecoin should not be discussed at the height of facing serious lawsuits. The projects should be more focused on getting itself out of the mess that it is right now.
 
Ononivami said:
Developing a stablecoin should not be discussed at the height of facing serious lawsuits. The projects should be more focused on getting itself out of the mess that it is right now.
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I agreed that the stablecoin from ripple is definitely not a priority right now. The major concern should be geared towards making the coin very promising for the users.
 
Reedex said:
I agreed that the stablecoin from ripple is definitely not a priority right now. The major concern should be geared towards making the coin very promising for the users.
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Perhaps the lawsuit isn't concluded yet and that should be the priority because if the project is convicted it will be very detrimental on the long run. So, they should be more focused on getting victory.
 
Ononivami said:
Perhaps the lawsuit isn't concluded yet and that should be the priority because if the project is convicted it will be very detrimental on the long run. So, they should be more focused on getting victory.
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The ripple may establish its stablecoin through the delegation of duties. Atleast it will not affect the pursue of the lawsuit and things will just go as planned with no hiccups.
 
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