Blockstars, the Ripple Produced podcast which presents the basics of technology, the current landscape, real world problems being resolved.
David Schwartz, CEO of Ripple and co-founder of XRP hosts the Blockstars Podcast. He recently joined Catherine Coley, CEO of Binance US in a Blockstars podcast.
What is Binance US and what are you doing there? We are an accessible platform. We are an application on the phone, on the web or even an API where users can connect directly.
We buy commerce and earn digital assets, including Bitcoin and XRP. About 30 different cryptocurrencies are commercially available. What we are really building is something that can be an interactive experience between Americans and the digital asset economies that exist.
So, as we see projects of new tokens to launch. We also assess digital assets as part of a risk assessment framework based on feedback from our community and market demand. And then we list it.
We offer different ways to access this, whether it’s buying it instantly or trading in a market with limit orders and market orders or winning it, getting it through rewards, wagers or referral bonuses.
Our mission is to bring more financial confidence and cryptocurrency to more Americans every day.
Ripple XRP David Schwartz on America being slow and not crypto-friendly
David Schwartz re-established that America is very slow in crypto and not very friendly with the crypto industry. He asked Catherine Coley what she thinks is the current landscape and the implications for cryptography in the United States.
Catherine Coley said: “ One of the reasons why such a global adoption has been so much better is the fact that the problems that Bitcoin, XRP and Ethereum have solved have made them felt much more outside of the United States.
So when you create something that is more universally adopted, it is a painful point for individuals.
Going from Alabama to Nevada, Washington to New York, you can keep a few dollars in your pocket and never change any currency. She hinted that this is the case when you travel to Singapore, Malaysia and Hong Kong, which means that you have to deal with four different fiat currencies.
If we had different state currencies, there would be an immediate reaction to Bitcoin and digital assets will be useful. And, defining that is difficult because the U.S. doesn’t have that, and they have instant payments via ACH, and they have a pretty robust U.S. banking infrastructure.