Banks aren't building on Ethereum. When JPMorgan, HSBC, and Standard Chartered tokenize deposits or test instant settlement, they're using permissioned ledgers—or they're choosing $XRP and $XLM because speed and cost actually matter. $SHX delivers merchant-grade compliance, and $VELO builds credit infrastructure banks can plug into. Ethereum's gas fees and complexity make it a non-starter for enterprise treasury operations. The real battlefield isn't DeFi summer hype—it's institutional plumbing. Follow the money, not the narrative.
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