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Binance Research: JPM Coin Unlikely to Compete with Ripple & XRP

The research division of top-ranked cryptocurrency exchange Binance has reported that JPM Coin is unlikely to compete with XRP, at least any time soon. According to analysis published on Mar. 1, the recently announced stablecoin under development by J.P. Morgan Chase, while poised a potential competitor for Ripple’s XRP over the last several weeks, offer “minimal direct competition” for the…
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