🚨 42 American banks are trying to stop Ripple! 🚨
In a notable move, 42 of the largest American banks – including JPMorgan and Bank of America – have filed an official objection to prevent Ripple from obtaining a national trust bank license.
💬 The banks claim that the stablecoin RLUSD could pose a threat to the traditional banking system, but the truth is that for every successful entity, there are always those who try to fight it, and Ripple's success is starting to annoy the big players.