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Better Stablecoin Play: XRP vs. Ethereum


Stablecoins, cryptocurrency's equivalent to digital fiat currency, have quietly become crypto's cash drawer and settlement layer, worth $277 billion in value as of early September. If that stablecoin pie keeps growing, the chains that efficiently host them should accrue value over time.

If you want exposure to that growth, Ethereum (CRYPTO: ETH) or XRP (CRYPTO: XRP) aren't stablecoins themselves but they do support that asset type as tokens on their blockchains. So which crypto is the better way to build a stablecoin-adjacent position? Today's answer and the long-run answer may not be the same, so let's dive in.

Image source: Getty Images.

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Source Fool.com

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