✖️ XRP will no longer be called Ripple on Binance
A noticeable rebranding has taken place on Binance: XRP is no longer referred to as "Ripple," as it was previously.
📌 XRP and Ripple are often mistakenly confused, but Ripple is a company, whereas XRP is a cryptocurrency used for fast and cheap cross-border payments. XRP operates independently of Ripple's business activities.
This move by Binance may be related to recent legal proceedings, where XRP was considered a potential security.