Twitter KOL Views | Differentiated Positioning and Market Prospects of $LINK and $XRP

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Zach Rynes2024/12/03 07:10

Transaction view : Optimistic about the blockchain infrastructure application prospects of $LINK, compared with the limitations of $XRP in traditional payment scenarios, $LINK's strategic cooperation and industry recognition have more long-term value.

Reason:

$LINK is not just "an oracle", it is working with the world's largest Financial Institution to promote the deep integration of blockchain and traditional finance.

Chainlink's cooperation cases include:

Cooperating with SWIFT, connecting over 11,500 banks with blockchain, currently in pre-production stage.

Cooperate with DTCC to put net asset value (NAV) on the chain, promote the tokenization and distribution of mutual funds.

Working with the Central Bank of Brazil to promote the Drex CBDC project for supply chain management and trade financing.

Collaborate with ANZ and ADDX to promote cross-chain asset settlement with privacy protection.

Collaborate with UBS and SBI DAH to promote liquidity solutions for cross-chain tokenized funds.

Collaborating with Euroclear and SWIFT to create on-chain Structured Data for enterprise action data using Chainlink.

Collaborating with Sygnum and Fidelity to provide NAV data support for tokenized funds using Chainlink.

Collaborating with Bancolombia to verify the reserve data of the Colombian peso stablecoin using Chainlink.

In contrast, although $XRP is touted as a "bank coin", it has not gained effective market recognition in the cross-border transfer scenario and lacks demand in the rise of stablecoins and CBDCs.

Ripple has not cooperated with SWIFT and does not have the ability to compete with Chainlink. The market has misunderstandings about the expectations of $XRP, and the situation of information asymmetry will not last long.

Original link: https://x.com/ChainLinkGod/status/1863625716195365236

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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