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

[Ononivami]

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.

If the Ripple truly want to pursue the project, I think that the best thing to do is to ensure that the responsibilities are delegated. This will be of great help and it will fasten up the process.

 

[Setho]

This is particularly an idea that I think they should be looking into but they have not really announced if they have plans for it in the future. They are focusing more on winning their lawsuit at the moment and as such things like this and not going to be in the top of their priority.

 

[Lens]

If the Ripple truly want to pursue the project, I think that the best thing to do is to ensure that the responsibilities are delegated. This will be of great help and it will fasten up the process.

Delegating the duties is of utmost importance. It is in the best interest not to juggle this together. One should do things once at a time and always ensure the safety of all.

 

[Bookwormlux]

Developing their own stablecoin is really not what they should be thinking of right now , because we already have the normal xrp coin and it has not shown value for having any reliable potential at all .

 

[Ononivami]

Delegating the duties is of utmost importance. It is in the best interest not to juggle this together. One should do things once at a time and always ensure the safety of all.

I think that should not be the next line of action for the Ripple. The company has lots of things ahead and that should be taken very seriously first before thinking of any new project.

 

[Lens]

I think that should not be the next line of action for the Ripple. The company has lots of things ahead and that should be taken very seriously first before thinking of any new project.

Ripple is definitely the cryptocurrency that one could vouch for. I will also prefer that the coin settle on the XRP development first , before it starts thinking about something else.

 

[Ononivami]

It is a good idea if ripple could develop its own coin. This will eventually cause a tremendous increase In the use of the Ripple, because the stablecoin coin is really gaining popularity.

 

[Setho]

It is a very common thing with a lot of projects that have large communities that after sometime they are going to plan to open their own stablecoin which is going to serve as a reserve currency and I think this one is no exception .

 

[Ononivami]

It will be very nice to develop a stablecoin but the stablecoin that will be developed must have a very good blockchain. This is very important because it will increase the use of the coin.

 

[Sincerem]

However, the outlook for Ripple and XRP in the coming year looks bleak, with some cryptocurrency investors expecting XRP to continue its long-term decline that's seen it lose over 90% of its value since its early 2018 highs. "Тhe prospects for a transformative 2021 for Ripple seem utopian now.

That's a good analysis, judging from it current rate of decline since it's last break in 2018 the stakes are high that it wouldn't amass a good market cap value in another 2 years.

 

[Lens]

Ripple is not in its best form right now. The coin is still struggling and it is very obvious in its performance lately. Talking about the stablecoin now is not a good idea.

 

[Syldan]

Actually there is high possibility that the ripple company should be thinking of a better way of developing a coin with high potential and a stable value that will increase to them more investors in the future.

 

[Lens]

It is a good gesture if the ripple could do such thing. But I have the strong feeling that if the stablecoin is created, it will definitely fail because the investors will not use if.

 

[zelalem]

I'm investing in Ripple Coin, but even if I'm investing in Ripple Coin, this helps them recover from the losses they may face, so the best they should do I think that's what it is. This is also valuable as it attracts many people to invest in it, which makes Ripple valuable as a coin and can guarantee that it will become another Bitcoin in the near future.

 

[Lens]

This is absolutely not the best time to talk about the creation of the stablecoin by the ripple . I think thT they should be more focused on how to get out of the lawsuit.

 

[Ononivami]

It will be wonderful development for xrp to develop a stablecoin could be ude he stablecoin could be used to do transaction out of velocity and filtration of cryptocurrency.

 

[Ononivami]

It is obviously not the right time for people to develop a stable come because the lawsuits around this coin is still very much in place I think we should concentrate on getting victory on the lawsuit .

 

[Lens]

Developing a stablecoin for the report is not the best thing to do right now. The coin has a lot of things to tackle to remain afloat in the cryptocurrency space instead of embarking on stablecoin project.

 

[Ononivami]

Developing a stablecoin is very good but it is not the person that the company should do at the right time because the lawsuit is still active and that is what they should face first.

 

[Sotherefore]

Developing a stablecoin is very good but it is not the person that the company should do at the right time because the lawsuit is still active and that is what they should face first.

I don't think they will even look forward to developed anything now . The coin cannot exercise its full potential because they are being held because of the lawsuit.