Is This 1 Looming Threat to XRP a Reason to Sell It Right Now?

As a specialized blockchain catering to banks and currency exchange houses, XRP (CRYPTO: XRP) has a collection of risks that are worth taking seriously.For some investors, if the coin can't cover its bases with particular risks, it's a sign that it might be worth selling. And XRP is facing one big threat looming in the distance. Here's what you need to know.XRP's blockchain is intended as a serious platform that financial institutions around the world can use to become more efficient in handling assets transferring money from place to place. That means the system needs to be secure, otherwise its target users will not be willing to use it. After all, while wire fraud is a problem, it's pretty difficult to steal money that's in the process of being wired from one bank to another. So banks don't have much of an incentive to switch to a riskier system even if it offers a lot of other benefits, as XRP does.Continue reading

Apr 15, 2025 - 10:48

Is This 1 Looming Threat to XRP a Reason to Sell It Right Now?

As a specialized blockchain catering to banks and currency exchange houses, XRP (CRYPTO: XRP) has a collection of risks that are worth taking seriously.

For some investors, if the coin can't cover its bases with particular risks, it's a sign that it might be worth selling. And XRP is facing one big threat looming in the distance. Here's what you need to know.

XRP's blockchain is intended as a serious platform that financial institutions around the world can use to become more efficient in handling assets transferring money from place to place. That means the system needs to be secure, otherwise its target users will not be willing to use it. After all, while wire fraud is a problem, it's pretty difficult to steal money that's in the process of being wired from one bank to another. So banks don't have much of an incentive to switch to a riskier system even if it offers a lot of other benefits, as XRP does.