Saturday, October 17, 2026Daily EditionIndependent journalism
BeCrypto NewsIndependent digital asset reporting
BTC $81,405 −1.00%ETH $2,420.67 −2.01%SOL $104.00 −2.00%XRP $1.30 −2.78%BNB $720.11 −1.22%DOGE $0.0799 −2.35%Prices: CoinGecko,
Altcoins & DeFi

EasyA co-founder says XRP could meet global demand for a neutral bridge currency

Image: CoinTurk News

As countries continue exploring alternatives to reduce dependence on the US dollar, Phil Kwok, co-founder of EasyA—a prominent platform focused on blockchain education—suggested that XRP’s original mission should be reconsidered. Kwok argued that XRP can enable cross-border payments between different currencies without linking transactions to any particular government. According to Kwok, the XRP Ledger was created to solve inefficiencies in exchanging money between various fiat currencies. Traditional currency exchange often requires access to pairs with high liquidity. When these pairs lack sufficient volume, transactions become costly or complicated for users seeking to move value internationally. The XRP Ledger uses a mechanism known as auto-bridging, allowing XRP to serve as an intermediary asset when exchanging two less liquid currencies.

Read the full story on CoinTurk News

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinTurk News.

Latest in Altcoins & DeFi

All Altcoins & DeFi stories