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Crypto Attorney: XRP on TapJets Is Payment Substitute, Not Investment

Published 31/07/2023, 15:02
Crypto Attorney: XRP on TapJets Is Payment Substitute, Not Investment
XRP/USD
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  • Attorney John E Deaton says it is important to highlight Ripple’s XRP use cases against the SEC chair.

  • Uber is considering enabling Bitcoin as one of the payment methods due to its growing value.

  • TapJets’ Amicus Brief highlights XRP’s utility, benefiting businesses and workers in the industry.

John E Deaton elaborated in a Twitter thread posted earlier today that Ripple (XRP) was only a payment substitute for fiat on TapJets and not an investment. He highlights Judge Torres’ ruling noting that when TapJets sells XRP on a crypto exchange, the token converts to fiat.

During an interview with Uber’s CEO Dara Khosrowshahi, he said that the transport company is exploring Bitcoin as one of the payment methods in the near future. Deaton retweeted the same, adding that the private jet company, TapJets, is currently accepting crypto, with XRP…

The post Crypto Attorney: XRP on TapJets Is Payment Substitute, Not Investment appeared first on Coin Edition.

The post Crypto Attorney: XRP on TapJets Is Payment Substitute, Not Investment appeared first on Coin Edition.

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