Ripple Supports Federal Reserve's 'Skinny' Account Proposal
Ripple Supports Federal Reserve's 'Skinny' Account Proposal
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Blockchain firm Ripple has publicly expressed its support for the Federal Reserve's proposal to establish 'skinny' Fed accounts. Despite acknowledging some limitations associated with the plan, Ripple's endorsement highlights ongoing engagement between crypto entities and traditional financial infrastructure.
Ripple Backs Fed’s 'Skinny' Account Plan
Ripple has supported the idea of creating 'skinny' Fed accounts despite some notable limitations. This stance underscores the company's interest in developments within the traditional financial system, particularly those that could impact payment systems and financial innovation.