Ava Labs CEO says banks love Ripple, then hits April Fools
Crypto Briefing
Ava Labs CEO Emin Gün Sirer jokingly claimed banks prefer Ripple over Avalanche as part of an April Fools' Day prank.Summary
Ava Labs CEO Emin Gün Sirer sparked a social media debate on April Fools' Day by jokingly claiming that banks prefer Ripple, only to clarify that they actually use Avalanche. The post drew significant engagement from the Ripple community, highlighting the ongoing rivalry between the two blockchain platforms. While both companies are active in the institutional space—participating in initiatives like Mastercard's Crypto Partner Program—they maintain distinct focuses, with Ripple specializing in cross-border payments and Avalanche emphasizing enterprise tokenization and decentralized finance.
(Source：Crypto Briefing)