statement

It is reported that David Schwartz, the chief technology officer of Ripple, said in response to the question about whether the company had contacted the failed Silicon Valley bank that the official statement of Ripple would be released soon. He will not make any personal comments on this matter before making a statement. The collapse of Silicon Valley banks has shaken the global financial markets, but as of the writing of this article, Ripple has not provided any statement on whether there is any capital exposure in Silicon Valley banks. （u.today） Ripple CTO: An official statement will be issued soon on the situation of banks in Silicon Valley Analysis based on this information:The recent collapse of a Silicon Valley bank has sent shockwaves throughout the global financial markets, raising questions about the extent of its impact on Ripple, a leading blockchain-based payments platform. As the market awaits a statement from Ripple, David Schwartz, the company’s chief technology officer, has remained…