XRP Not Likely a Challenge to Bitcoin, Despite Ripple’s $10 Billion Valuation

Blockchain start-up and XRP proponent Ripple says it’s raised a $200 million investment round, lifting its valuation to $10 billion.Despite this move, critics worry whether Ripple and its XRP digital currency have a future in the space when up against CBDCs, stable coins, and XRP’s biggest competitor, Bitcoin.Ripple Hopes Funding Refutes XRP SkepticsThe $200 million Series C funding round, which was led by global investment firm Tetragon, could help validate Ripple’s claim that