To ensure the many use cases of XRP, its professional support, and bright future, the CEO of Teucrium, Sal Gilbertie, has praised the native token of Ripple Inc., explaining why his company chose this "bridge currency" over other cryptocurrencies.
In an interview with Bloomberg, Sal praised Ripple's team and called them "really pro people who work very hard."
"We believe in XRP," he said. "We do not make price predictions, but we believe this is the most utility-rich currency currently available." He compared XRP to Bitcoin, stating that while Bitcoin functions as a store of value, XRP offers practical use cases.
He also noted that the Ripple team reminded him of bank investors. "They know what they are doing and they will make this successful," he added.
Teucrium is a company specializing in commodity ETFs and has recently shown an increasing interest in digital currency. This aligns with other traditional financial companies venturing into cryptocurrency due to its utility as seen in the CEO's optimism about XRP.
His statement supports Ripple's ongoing efforts to use blockchain to address real-world issues, particularly in the field of cross-border payments. Teucrium's choice of XRP as one of the assets to bet on the future of the cryptocurrency market shows that the company is focused on the practical application of the token.
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XRP Provides More Utilities Than Bitcoin, According to the CEO of Teucrium
To ensure the many use cases of XRP, its professional support, and bright future, the CEO of Teucrium, Sal Gilbertie, has praised the native token of Ripple Inc., explaining why his company chose this "bridge currency" over other cryptocurrencies. In an interview with Bloomberg, Sal praised Ripple's team and called them "really pro people who work very hard." "We believe in XRP," he said. "We do not make price predictions, but we believe this is the most utility-rich currency currently available." He compared XRP to Bitcoin, stating that while Bitcoin functions as a store of value, XRP offers practical use cases. He also noted that the Ripple team reminded him of bank investors. "They know what they are doing and they will make this successful," he added. Teucrium is a company specializing in commodity ETFs and has recently shown an increasing interest in digital currency. This aligns with other traditional financial companies venturing into cryptocurrency due to its utility as seen in the CEO's optimism about XRP. His statement supports Ripple's ongoing efforts to use blockchain to address real-world issues, particularly in the field of cross-border payments. Teucrium's choice of XRP as one of the assets to bet on the future of the cryptocurrency market shows that the company is focused on the practical application of the token.