Ripple CLO Sees ‘Skinny’ Fed Account As Solution To Banking Concerns, Touts Benefits
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Blockchain payment company Ripple, expressed support for the concept of a “skinny” Federal Reserve (Fed) payments account tailored for non-banking entities through its chief legal officer, Stuart Alderoty. This account could reportedly address concerns from traditional banks about financial stability and competitive…
