The Daily Hodl
2021-01-08 22:15:27

SEC Acknowledges XRP’s Use As Fuel for Cross-Border Payments, Says Ripple General Counsel

Stuart Alderoty, Ripple’s general counsel, says the U.S. Securities and Exchange Commission (SEC) has acknowledged XRP’s use as fuel for cross-border payments. The SEC’s acknowledgement of XRP’s utility in Ripple’s cross-border payment product, On-Demand Liquidity (ODL), can be found in the government agency’s recent lawsuit against the San Francisco-based company. The section of the lawsuit […]The post SEC Acknowledges XRP’s Use As Fuel for Cross-Border Payments, Says Ripple General Counsel appeared first on The Daily Hodl.

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