❓ Ripple CEO says banks won't use JPM Coin

Ripple CEO Brad Garlinghouse offered limited praise for JP Morgan's interest in the digital asset space, but offered heavy skepticism for whether anyone would use JP Morgan's new stablecoin. Garlinghouse suggested JPM Coin is a poor replacement for the dollar. Sacrificing interoperability between coins, tokens, and other assets is a problem Garlinghouse said JPM Coin perpetuates.

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