HTTP/2 200 date: Sat, 09 Jan 2021 14:05:53 GMT content-type: text/html; charset=UTF-8 set-cookie: __cfduid=daaa418ac4c55ec2975c924d3d23bf77e1610201153; expires=Mon, 08-Feb-21 14:05:53 GMT; path=/; domain=.ambcrypto.com; HttpOnly; SameSite=Lax; Secure vary: Accept-Encoding x-powered-by: PHP/7.3.7 cf-edge-cache: cache,platform=wordpress x-pingback: https://ambcrypto.com/xmlrpc.php link: ; rel="https://api.w.org/" link: ; rel="alternate"; type="application/json" link: ; rel=shortlink x-frame-options: SAMEORIGIN cf-cache-status: DYNAMIC cf-request-id: 078910d87e000037ff0735d000000001 expect-ct: max-age=604800, report-uri="https://report-uri.cloudflare.com/cdn-cgi/beacon/expect-ct" report-to: {"endpoints":[{"url":"https:\/\/a.nel.cloudflare.com\/report?s=pZtLgAMOJvFCZxHg79LNI9DkfOwYxGE5GIyi8axXgIUa42CUJYNwfQBUcwZp0tgV7WDvYEFf9%2FAk9ADGF%2Bx5JiQmm95Uvpej18H18Mes"}],"group":"cf-nel","max_age":604800} nel: {"report_to":"cf-nel","max_age":604800} server: cloudflare cf-ray: 60eeb73a6d9837ff-IAD Ripple CTO says banks can issue stablecoins on XRPL - AMBCrypto
“Issued Currencies is designed to be the ideal stablecoin platform, providing simple but rich management functionality for the issuer that makes it easy to create, issue, and manage any asset—including stablecoins.”, he says in a blog.The issuing bank would be required to connect to the XRP Ledger by connecting to an XRPL node. A stablecoin could then be issued through a simple, on-ledger transaction that creates stablecoins as the issuing bank receives deposits to back them. Envisioning a multi-asset future, Schwartz stated that XRPL has an integrated decentralized exchange[4] (DEX) that allows neutral, counterparty-free digital assets like its native XRP[5] to be seamlessly exchanged to and from “issued assets,” including stablecoins. XRP’s future, however, remains largely uncertain at this stage as Ripple faces charges from the SEC that question XRP’s use as a currency, alleging that XRP is in fact an ‘unregistered security’. According to
