Yesterday JPMorgan announced JPM Coin stable cryptocurrency coin for bank transactions, they got daily 6 trillions of transactions and if they will use for it their stablecoin then they will have biggest usage out of all crypto!
But ripple said that this coin will be not cryptocurrency ( but ripple is centralized too, so its like centralized vs centralized )
Plus if there will be payment to other bank than JPMorgan then there will be another coin and its like 10 different coins for 10 different banks is not good, because you will need to exchange and so on, in this term i agree with ripple its much easier to pay with 1 coin everywhere!
Now ripple is still not did that they wanted and JPMorgan can actually take their banking niche and own that market share!
What you think who will win banking rally? will JPMorgan (if they actually do their stablecoin ) or Ripple?
As investor i dont like any stable coin because they cost 1$ , so there is no profit for me and i dont see a reason to call them cryptocurrency, but may be im missing something and you can earn some money there?