Ripple itself has nothing to do with this project, right? It's only connection is the people involved had worked on Ripple. I'm asking because I had mistrad the earlier comments.
PingNPay is a Ripple-free project headed by 2 ex-executives from Ripple.
That is true. Those executives are ex-Ripple employees. That's it! But they are using currency-backed stablecoins and we know how they work. Tether, USDC, and even DAI.
Yepp. That's the USP of this project. It's going to hit a market that is crowded with huge volumes.
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Ripple itself has nothing to do with this project, right? It's only connection is the people involved had worked on Ripple. I'm asking because I had mistrad the earlier comments.
PingNPay is a Ripple-free project headed by 2 ex-executives from Ripple.
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That is true. Those executives are ex-Ripple employees. That's it! But they are using currency-backed stablecoins and we know how they work. Tether, USDC, and even DAI.
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Now it makes sense to me. I definitely misread the earlier comment. Thanks for clarifying and confirming the details.
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Cheers Magna. ✌
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