Ripple XRP Barry Silbert & Glenn Hutchins Heavy weights backing Ripple .Amazon Bain Capital Ventures, Transamerica Ventures, FirstMark Capital, MasterCard, and New York Life, among others. will partner with Digital Currency Group (DCG) according to Forbes. Glenn Hutchins is a early investor of Ripple and is the DCG Broard, Hutchins says Among his separate investments are Ripple, a blockchain-based cross-border payments company “Bitcoin could be the wrong solution – and other tokens like ethereum or Ripple could end up being the right answer.Hutchins sits on the board of The Federal Reserve Bank of New York.oday, after two years of work, the Federal Reserve released its Faster Payments Task Force’s action plan for bringing faster payments to the United States, highlighting Ripple’s ability to underpin the next generation of cross-border payments.”It’s the biggest opportunity I’ve seen because the two most important things are business information and value.
“We can now move information around the world at the speed of light at no cost. Why can’t we do that with value in the future?”
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