SBI Holdings: the success of the XRP token will eclipse Bitcoin

The head of SBI Holdings, Yoshitaka Kitao, said that Ripple and its XRP token will revolutionize the cryptocurrency market, ZyCrypto reports, citing the Japanese publication CoinPost.

According to Kito, the Japanese conglomerate will support a startup from San Francisco:

“We will do our utmost to promote the massive adoption and practical use of XRP virtual currency. We will also provide tools for institutional investors to access digital currency. ”

Also the head of SBI expressed the opinion that XRP will eventually surpass the bitcoin market capitalization:

“In essence, Bitcoin is devoid of value. The current price of bitcoin increasingly complicates its practical use. Therefore, I believe that XRP is likely to become No. 1 cryptoactive. We are committed to this. ”

Recall, recently it became known that the financial holding JPMorgan created its own steyblekoin JPM Coin . Some representatives of the crypto community are convinced that this coin can destroy Ripple and its XRP token used for cross-border transfers.

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