Ripple CEO Brad Garlinghouse Responds After Avalanche CEO Questions Ripple’s Banking Role
Avalanche CEO Emin Gün Sirer dismissed claims that banks prefer Ripple and said financial institutions are adopting Avalanche, according to the source text.
AVAX
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Terms & Concepts
Ripple: A digital asset company focused on blockchain-based payments and cross-border settlement services.
Avalanche: A blockchain network designed for smart contracts (self-executing blockchain code) and enterprise-focused digital asset applications.
smart contracts: Self-executing blockchain programs that run automatically when preset conditions are met.