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Sonakshi Saxena
Aug 3, 2023
by Sonakshi Saxena

Bitstamp's Major XRP Tease ?

Bitstamp

Table of contents

  1. Bitstamp to support Euro-backed IOUs - XRP Ledger
Bitstamp, the leading European digital asset exchange, is getting ready to make a significant announcement about the cryptocurrency. Bitstamp was the first exchange to delist XRP following the Ripple lawsuit in December 2020. The news came after a time of recharged interest in XRP following the positive court voting down the Securities and Exchange Commission (SEC).

XRP has been relisted on several additional exchanges, including Bitstamp, Coinbase, and Kraken, as a result of the contentious ruling. Swell Labs, the organization behind XRP, obtained a minority stake in Bitstamp. This turn of events, announced by blockchain trading company World Advanced, is important for Wave's more extensive methodology of expanding its presence in computerized resource trades. Pantera Capital, a crypto-focused hedge fund, sold Ripple Labs its stake.

Bitstamp to support Euro-backed IOUs - XRP Ledger

Bitstamp extended its administrations connected with XRP. On the XRP Ledger, the exchange said that it would support Euro-backed IOUs. This means that the exchange will now use XRP for international transactions. Bitstamp's forthcoming declaration concerning XRP is anxiously expected by the XRP people group. It is unsure what the particulars of the declaration will be, yet obviously Bitstamp's relationship with XRP has developed altogether since its choice to delist the digital currency.

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Bitstamp Major XRP Tease
Bitstamp's Major XRP Tease ?
Sonakshi Saxena
Sonakshi is into the crypto world ever since she heard about it and is pursuing her interest through Cryptoknowmics. She is a sensational poet, technical writer and content strategist.

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