Ripple XRP II: After one of his followers discovered a mention of XRP II in the official paperwork of the cryptocurrency payment firm, Ripple CTO David Schwartz clarified the matter.
Schwartz used Apple Pay and Apple to demonstrate how XRP II is a distinct legal entity managed by Ripple Labs and needs to carry out distinct, particular actions.
Furthermore, the programmer stated that XRP II is not a coin, and it appears from the paperwork that was sent in response to Schwartz’s tweet that the LLC in concern was once known as XRP Fund II.
XRP II is engaged in the selling of cryptocurrencies to other parties, based on the actual document. As a result, this business was trading XRP for fiat money.
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