Paraguay Bank-Freeze Puts XRP Custody Risk in Focus
Photo: DailyCoin
More than 3 million people locked out of their bank accounts overnight: that is the claim driving a video by Edo Farina, a popular researcher covering banks and crypto. He alleges that Paraguay’s central bank took control of digital bank Ueno, using the purported disruption to argue for XRP and self-custody. A functioning ledger does not guarantee a rising token Edo Farina’s central comparison is between allegedly inaccessible bank deposits and the XRP Ledger continuing to process transactions. “The XRP Ledger kept settling transactions every few seconds like any other day,” he says.
Source: DailyCoin
