The statement is part of a broader conversation where Buterin is looking at the characteristics that define a “stablecoin,” such as stability, security, and efficiency in the transaction process.

However, he does not go into this specific point in the context provided, suggesting that this is more of a thought-provoking or speculative thought rather than a detailed argument. This comment comes in the context of debates surrounding the regulatory landscape and intrinsic characteristics of cryptocurrencies.

Vitalik Buterin has had some conflicts with XRP, mainly because Ripple tried to describe $BTC and $ETH as “controlled by China” in their SEC lawsuit, which he did not appreciate.

He has called XRP a “junk coin” and has been quite outspoken about his dislike for its centralization, contrasting it with the decentralized spirit of Ethereum.

Interestingly, he made a comment 👆👆 about $XRP, but it was more of a jab at the crypto community than a serious statement.

Additionally, he has tried to intern at Ripple in the past but did not work there, which adds a bit of context to his comments.