In a recent interview, Dan Morehead, founder and CEO of blockchain-focused investment firm Pantera Capital Management LP (“Pantera Capital”), spoke about XRP.
Morehead’s comments on XRP came during an interview with former hedge fund manager Raoul Pal, who is now CEO of finance and business video channel Real Vision.
This corridor is important
“XRP is accumulating the cross-border money movement that everyone in the industry has been talking about for a long time. Currently, blockchain-powered cross-border money movement from the United States to Mexico is approaching 10% of a $ 25 billion market. This is really important. So a use case that really makes people’s lives better is a great success for our industry. ”
According to data from CryptoCompare, XRP is currently trading at $ 0.57, up 1.42% over the past 24 hours.