just because 1 xrp is $500 dollars, does not mean Ripple Labs could sell all of them instantly for $500 dollars each....same thing as Bezos not actually being $150 Billion...if he sold all his Amazon stock, the price would dip the more he sold. same as the market cap argument. if XRP has a mkt cap of 3T, there is not that much actual money in the network.

XRP is the fastest & most scalable digital asset, enabling real-time global payments anywhere in the world. Using XRP, banks can source liquidity on demand in real time without having to pre-fund nostro accounts. Payment Providers use XRP to expand reach into new markets, lower foreign exchange costs and provide faster payment settlement.

Interoperability: Ripple's technology is designed to work with various financial institutions and systems, ensuring smooth integration with existing BRICS infrastructure. Supporting Quotes. Ikemefula Aruogu on CoinEdition (June 2024): "BRICS nations working towards implementing a new payment system facilitated by Ripple-based XRP."

Jan 20, 2018 · Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.

XRP price declines as SEC and Ripple file proposal to keep briefing under wraps in lawsuit

Dec 28, 2017 · The 20 XRP to activate a new wallet address is intrinsic to the Ripple network. You do not have access to that 20 XRP. Note that it's still not really a fee per se, as the XRP is still there. Ripple have talked about lowering it from 20 XRP in the future as the price of XRP goes up (remember that it was <1c per XRP when this policy was made).

Jun 25, 2017 · "The success of Ripple the company is not directly tied to the value of XRP." Ripple holds more than 60 billion XRP with a notional value of around $15 billion. The price of XRP directly controls this notional value. And the liquidity of XRP over time directly controls how much of this notional value becomes actual value for Ripple the company.

Jun 26, 2024 · Ripple (XRP) is one of the leading cryptocurrencies that does not fight for the title of the most decentralized coin. Instead, Ripple collaborates with banks and investment firms around the world, which experts say may be the key to success. Ripple is not a simple cryptocurrency, but a payment infrastructure capable of replacing SWIFT.

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