Why Ripple’s $16 trillion payment volume isn’t boosting XRP
Buying XRP doesn’t give you shares in Ripple, although the company’s growing list of new ventures and financial partners makes it easy to assume their fortunes should move together. Ripple can earn a lot of money from those relationships without passing a dollar to token holders, who have no claim on its profits. XRP did… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Key Takeaways
- Buying XRP doesn’t give you shares in Ripple, although the company’s growing list of new ventures and financial partners makes it easy to assume their fortunes should move together.
- Ripple can earn a lot of money from those relationships without passing a dollar to token holders, who have no claim on its profits.
- XRP did… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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