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Stablecoins Eat Traditional Finance for Breakfast—Ripple Exec Declares Them New Financial Spine
Stablecoins Eat Traditional Finance for Breakfast—Ripple Exec Declares Them New Financial Spine
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Move over, legacy banks—stablecoins aren’t just surviving, they’re now the structural steel of global finance. That’s the verdict from Ripple’s top brass, who sees dollar-pegged tokens outmuscling traditional systems.
Why it matters: While Wall Street still debates ’blockchain potential,’ $150B+ in stablecoin settlements daily proves the tech already won. No permission needed.
The kicker? This isn’t speculative DeFi talk. We’re talking payroll, remittances, and—irony alert—banks themselves using stablecoins to bypass their own sluggish infrastructure. The future’s here; it’s just unevenly distributed (and probably over-leveraged).
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