Look into who is on the boards of the crypto companies themselves. Also, evaluate the use case for the crypto itself. Also, look at into the coins surrounding the ISO20022 standard.
Examples:
On the board of directors for Ripple (XRP) is Rosie Rios, the 43rd Treasurer of the U.S. My thinking is that she didn't get to where she is by chance and she wouldn't be on the BOD for some scam company. Also on Ripple's board is Sandie O'Connor. Her resume reads like a who's who on wall street. Lot of big money connections. XRP is a cross border payment/settlement solution (think big money) that will change correspondent banking and is ISO20022 compliant.
The most recent #SmartCon conference, Andrew Crawford, VP of digital assets for Franklin Templeton Investments($1.7T AUM), talked about saving $200M/year in transaction costs by implementation of a blockchain settlement and accounting reconciliation solution via Steller (XLM). They are also partnered with MoneyGram as a settlement mechanism for money transfers. XLM is also ISO20022 compliant.
The U.S. Federal Reserve has an implementation date of 3/10/25 to become fully ISO20022 compliant.
For the 2 coins I mentioned they may not take off right away until institutional money starts to flow into the sector but it eventually will take off. Follow the people and the money if you are looking to invest in crypto and stay away from the memecoins. None of what I'm saying is financial advise blah, blah, blah, and obviously don't invest money you cannot afford to lose as some investments take longer to mature.
Look into who is on the boards of the crypto companies themselves. Also, evaluate the use case for the crypto itself. Also, look at into the coins surrounding the ISO20022 standard.
Examples:
On the board of directors for Ripple (XRP) is Rosie Rios, the 43rd Treasurer of the U.S. My thinking is that she didn't get to where she is by chance and she wouldn't be on the BOD for some scam company. Also on Ripple's board is Sandie O'Connor. Her resume reads like a who's who on wall street. Lot of big money connections. XRP is a cross border payment/settlement solution (think big money) that will change correspondent banking and is ISO20022 compliant.
The most recent #SmartCon conference, Andrew Crawford, VP of digital assets for Franklin Templeton Investments($1.7T AUM), talked about saving $200M/year in transaction costs by implementation of a blockchain settlement and accounting reconciliation solution via Steller (XLM). They are also partnered with MoneyGram as a settlement mechanism for money transfers. XLM is also ISO20022 compliant.
The U.S. Federal Reserve has an implementation date of 3/10/25 to become fully ISO20022 compliant.
For the 2 coins I mentioned they may not take off right away until institutional money starts to flow into the sector but it eventually will take off. Follow the people and the money if you are looking to invest in crypto and stay away from the memecoins. None of what I'm saying is financial advise blah, blah, blah, and obviously don't invest money you cannot afford to lose as some investments take longer to mature.