One of the few coins that are trying to please regulators and working with banks by embedding KYC, AML & KYT into crypto transactions. They are also trying to build a private network with banks as trusted nodes that brings the benefits of blockchain to their money transferring and settlement processes
Ripple is the leader in the space and currently has a market cap of $26 billion. Ivykoin market cap is around $130 million with IVY at 15c, so plenty of room to move.
Much more detailed info out there about the project, so please DYOR
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