In reference to Ripple stablecoin vs XRP David Schwartz highlighted that the goal is to remove any barriers hindering the use of XRP where it offers the most optimal solution. Schwartz stressed that it would be counterproductive to promote a payment method that is inferior to using XRP for settlement. Notably, a report earlier this year showed that 50% of ODL transactions leveraged XRP.

Schwartz’s statement underscores Ripple’s commitment to promoting the adoption of XRP where it provides the best user experience and economic benefits. The company aims to ensure that users have access to the most efficient payment solutions available.

For the first time since its launch, BlackRock's iShares Bitcoin Trust (IBIT) experienced a day without any inflows, marking an end to its 71-day streak of consecutive inflows. Despite this recent slowdown, IBIT remains a significant player in the Bitcoin ETF landscape, holding the largest cumulative inflow of $15.4 billion.

It's worth noting that other factors, such as Chinese capital outflows and the post-halving dip, are also influencing Bitcoin's current performance. It's a complex and dynamic market, and investors are keeping a close eye on these developments.
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