Welcome one and all whether you're a crypto veteran or a
dogecoin pumpkin rookie. Whether you're part of the XRP army
or one of the super luminaries welcome to this battle of featherweight royalty.
It's the battle of the payment coins the settlement to end all settlements and
this one isn't going to be about strength but about speed.
That's right Kris both of these coins are pretty quick out of the blocks but you've
got to be if it's your job to deliver payments halfway around the world at the speed of light.
Speaking of light here davey here comes stellar with all of its lumens in tow.
Entering the cage: it's the feeless wonder the quorum slicer
light as a feather fast as a rocket look up in the sky it's a bird it's a plane
It's Stellar XLM and just listen to that crowd roar.
And here comes the OG the original general of the XRP army it's jack the ripple
the new swift on the block it's XRP.
XRP for now Kris but XRP might be RIP rest in peace when stellar gets to work
I don't know davey, Ripple is backed by over 300 banks and financial institutions
including partnerships with Bank of America and Santander that's a lot of strength
But that's just the thing Ripple may be backed up by all those finance guys but
is XRP it seems like ripple labs took great care to distance themselves from the XRP token
leaving XRPholders with an asset that may not have much utility
Well the XRP token helps Ripple source liquidity for all those banks and
they're attempting to build new technology which should provide new use cases for the coin
Well the fighters are almost ready and the crowd is anticipating a great spectacle here tonight
Now remember davey that the founder of stellar Jed McCaleb also founded Ripple so
XLM will probably know all of XRP's moves before they even happen
Either that or XLM will run out of ideas once it stops copying XRP's and here we go let's get it on
Oh XRP is wasting no time going in for the attack but XLM's defense is stellar
XLM is looking pretty robust here a real safe pair of hands
but i guess you'd expect that considering that Stellar is more decentralized than Ripple
Well XRP currently has 168 known validators
so more than XLM but perhaps XRP's reputation as a centralized project is a little unfair
Well the SEC might disagree they've filed a lawsuit against ripple for selling 1.3
billion dollars of what it classifies as unregistered securities
this couldn't have happened if XRP was truly decentralized
Listen though the fight's not over yet ripple executives have successfully appealed to
sec orders and the XRP price has recovered massively
No doubt it has rebounded from what appeared to be a knockout blow
but while XRP was out for the count xlm has only gotten stronger
A lot of remittance projects like Velo and Wirex have been built on stellar and
It's not all payment Dapps either the Stellar blockchain also hosts a super useful private
messaging app called key base it's even dipping into online publishing
Satoshi pay is a decentralized application that uses Stellar's built in decentralized exchange
XRP finally gets to its feet and is able to stand even though it's dizzy
Well Ripple and XRP still have a lot of heavy hitters in their corners so
they'll survive to fight another day
And to the viewers which is your preferred payment coin? Are you part of the XRP army
or do you think that XLM has what it takes to become an established crypto heavyweight
Let us know in the comments below and if you enjoyed this video don't forget to smash that
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