Ripple's CTO: XRP Decentralization Not a Concern; MicroStrategy Buys $1.1B Bitcoin; Stellar, Shiba Inu Listed as Prime USDC Assets

Ripple's CTO, David Schwartz, has put an end to the debate surrounding the centralization of XRP, stating that the cryptocurrency's decentralized nature is not a concern. Meanwhile, MicroStrategy has announced a significant purchase of Bitcoin, investing $1.1 billion in the cryptocurrency. Additionally, Stellar (XLM) and Shiba Inu (SHIB) have been listed as prime assets for USDC, further expanding their reach in the crypto market.

Ripple's CTO, David Schwartz, has addressed the ongoing debate about the centralization of XRP. In a recent interview, Schwartz emphasized that XRP's decentralized nature is not a concern, as the cryptocurrency's design ensures that no single entity can control the network. This clarification comes amidst ongoing discussions about the regulatory status of XRP and its potential classification as a security.

In other news, MicroStrategy, a leading business intelligence company, has announced a significant investment in Bitcoin. The company has purchased an additional $1.1 billion worth of Bitcoin, adding to its existing holdings. This move further solidifies MicroStrategy's position as one of the largest corporate holders of Bitcoin, with a total investment of over $4 billion in the cryptocurrency.

Stellar (XLM) and Shiba Inu (SHIB) have been listed as prime assets for USDC, the stablecoin issued by Circle. This listing will allow users to easily convert their XLM and SHIB holdings into USDC, providing them with access to a stable and liquid asset. The listings also indicate the growing acceptance and integration of these cryptocurrencies within the broader crypto ecosystem.