Ripple CTO Sounds Alarm On Controversial XRP Buyback Proposal, Labels It A “Scam”

The post Ripple CTO Sounds Alarm On Controversial XRP Buyback Proposal, Labels It A “Scam” appeared first on Coinpedia Fintech News The XRP buyback theory is a proposition proposed by […]

The post Ripple CTO Sounds Alarm On Controversial XRP Buyback Proposal, Labels It A “Scam” appeared first on Coinpedia Fintech News
The XRP buyback theory is a proposition proposed by Jimmy Vallee of Valhill Capital in 2021, who backed XRP to become the world’s reserve currency. Vallee stated that in the future, the global financial system would require a scalable digital asset to address the issue of massive national debts. However, he said that in order …