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Coinpedia 2023-11-25 10:03:50

Futureverse CEO Addresses XRP Community Concerns: Are rXRP Tokens Truly Backed 1:1?

The post Futureverse CEO Addresses XRP Community Concerns: Are rXRP Tokens Truly Backed 1:1? appeared first on Coinpedia Fintech News Amidst concerns and skepticism within the XRP community, Futureverse CEO Aaron McDonald has stepped forward to clarify the Root Network’s rXRP tokens, asserting their 1:1 backing by XRP tokens on the XRPL. However, despite McDonald’s reassurances, questions linger, underscoring emerging platforms like Root Network’s inherent challenges in gaining trust and acceptance within the cryptocurrency space. …

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