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John Deaton Blasts Lark Davis For Attempting to Demean XRP Value Proposition

John E. Deaton, the founder of Crypto Law and the attorney representing more than 75K XRP holders in the ongoing Ripple-SEC case, has slammed a certain influencer Lark Davis for talking down on XRP.

In a Thursday post, Lark Davis, a known crypto Youtuber and presumed Bitcoin (BTC) maximalist compared AAVE and MATIC with the XRP Ledger native token, in an attempt to condescend on the utility and value proposition of XRP.

Worthy of note is that XRP is majorly used by Ripple to settle cross-border payments and for its On-Demand Liquidity (ODL) services. 

According to him, the AAVE and MATIC tokens are being adopted by JP Morgan, the global leader in financial services to settle USD to JPY forex transactions. To note, Aave and Matic were used to conduct a cross-border transaction as part of a regulatory pilot test in Singapore. 

(by Ndianabasi Tom)

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