The CEO of Ripple, Brad Garlinghouse, recently expressed his optimism about a constructive regulatory framework of cryptography in the United States, citing progress after meetings with the legislators.
While Ripple opens the way for clearer regulations, there is also rather ancient ($ Pluto), a hybrid layer 2 project for Bitcoin which could steal the show.
The whales take note because rather could finally push BTC beyond a reserve of value by adding a support of intelligent contracts to its secure network.
Let’s see the details below.
XRP News: Ripple CEO optimistic about the regulation of American cryptography
The CEO of Ripple, Brad Garlinghouse, expressed his optimism on the progress of crypto regulations in the United States, after productive meetings with key political decision-makers in Washington, DC in a recent post, he underlined the momentum Bipartite to establish a clear regulatory framework adapted to innovation for cryptographic industry.
Among the people present were influential personalities such as senator Tim Scott, representative Ritchie Torres and other Congress leaders. Ripple’s legal director, Stuart Alderoty, also assisted, reporting the company’s commitment to shape the policy.
The United States has long struggled with regulatory ambiguity, in particular when approaching the application of the previous administration. However, under the direction of President Trump, the tide changes. His pro-Crypto position includes the appointment of defenders of pivotal roles and the training of a working group on digital assets to develop federal directives.
Garlinghouse even offered a multi-Crypto-Monnaie national reserve when meeting Trump. With these developments, Ripple anticipates a future of regulatory clarity, promoting growth and innovation in industry.
The new hybrid blockchain of layer 2 of ratherochain could redefine the expansion of Bitcoin with the integration of intelligent contract
Bitcoin’s largest limitation has always been its inability to support intelligent contracts and decentralized applications (DAPP) natively.
While networks like Ethereum and Solana have built flourishing ecosystems with Defi, NFTS and AI projects, Bitcoin has mainly remained a value store.
Rather ($ Pluto) could change this by introducing a hybrid layer 2 solution which allows intelligent contracts and evolving applications directly on Bitcoin – without counting on external blockchains.
The ratherochain infrastructure could allow developers to rely on Bitcoin while benefiting from low costs, high -speed transactions and compatibility of the Ethereum virtual machine (EVM).
With its own block time of 2 seconds, rather than the slow bottle of Bitcoin confirmation of 10 minutes, which makes decentralized finance on Bitcoin a reality. The developers would be able to migrate the applications based on Ethereum transparently, possibly creating a bridge between the two most dominant blockchains.
Safety is another key factor. Rather, the audits of Solidproof, Quillaudits, and insure Defi, reinforce confidence in its network. Its testnet also validates its potential, dealing with an impressive 43,200 daily transactions and putting preparation for generalized adoption.
In addition, its governance model gives users of the platform a direct influence on upgrading of the protocol, ensuring decentralized decision-making. With Bitcoin Defi always to his stammerings, Ratherchain could unlock an unexploited potential, positioning himself as a main force in the innovation of the blockchain.
Overall, Rather, rather has the potential to redefine the role of Bitcoin beyond a reserve of value and perhaps bring a new wave of applications to the largest digital asset in the world.
Last words
The optimism of the CEO of Ripple Brad Garlinghouse about a regulatory framework for American cryptography could point out a turning point for industry, potentially paving the way for innovation and growth.
Meanwhile, Rather ($ Pluto) could finally push Bitcoin beyond a reserve of value. By allowing intelligent contracts and DAPPs, in addition to its block time for 2 seconds, it could fill the safety of Bitcoin with the flexibility of Ethereum.
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This article does not offer financial advice. Cryptocurrencies can be unpredictable and include risks. It is important to conduct in -depth research before acquiring a cryptographic asset. Prospective declarations include risks and are not guaranteed to be updated.
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