Hear me out

This is BULLISH for the demise of shitcoins

If I’m reading this right and this green lights corporations and public company to issue their own tokens this is like a head shot to cryptos like XRP and cardano that always lie about some bank or some major corporation adopting it

Example

If Bank of America can issue their own token why the fuck would they use XRP or cardano or any other shitcoin

I think this is will further separate Bitcoin from the rest.

I think all the bullshit utility tokens die and when the dust settles there will be Bitcoin a bunch of public company/corporate tokens and memes

The days are numbered for the ripples stellars and cardano of the world