> Cuallix
> Catalyst Corporate
> Federal Credit Union
> MercuryFX
Major Banks now using XRP
Brayden Thomas
Hudson Sanchez
are you a bank that needs to settle cross boarder payments?
No? then don't get any XRP. it's an utility token. for banks.
tard.
Anthony James
For transfers between other ripple member banks.... amongst the 4 of them, lol
Zachary Wood
and how much liquidity do these banks need in XRP to settle said cross boarder payments ?
Kevin Smith
and the result...cripple falling to new lows every week.
T4P
Daniel Moore
almost none, you can transfer $100 million from bank A to bank B with a few XRP or less.
as I said, utility token.
Easton Harris
>Literally who 4x
Luke Gomez
That's not how xRapid works. You would have to buy and sell $100 million in XRP. At least get your fud straight.
Angel Roberts
lmao, you don't need to use xrapid at all.
atleast get your facts straight about what you are buying.
I have a feeling Xrapid is a marketing scheme too, lmao.
Dominic Young
Lol riple bagholders rekt over and over again
>but but banks will buy hundreds of milions of my bags reeeeeeeeeeeeeeeeee
Eli Kelly
how's that working out for the price of XRP?
Also, show me those XRP use transactions on the ledger...
Joseph Richardson
>lmao, you don't need to use xrapid at all.
>atleast get your facts straight about what you are buying.
Literally everyone knows this already
Leo Lopez
"with a few xrp"
100000000 / 0.2957 = 338580558xrp
338 million xrp doesn't really sound like a "few or less"
Noah Gutierrez
at least how many xrp to make it?
Asher Jackson
about 58 billion.
All of it in the hands of Ripple though. be sure to buy as much as you can goy, they are busy dumping as much as they can to keep the lights on
Adrian Fisher
>Also, show me those XRP use transactions on the ledger...
There are a lot of people following this. Here is an example of a 1 hr payment flow from Bitstamp to Bitso.
pbs.twimg.com
The first two ledgers from that image are below.
xrpscan.com
xrpscan.com
All payments come from Bitstamp destination tag 22794384.
You wish. They sell their software to banks for $10m a pop. 200+ partners now. The only people desperate to pay the electric bill are dumbass miners.
Landon Johnson
> There are a lot of people following this. Here is an example of a 1 hr payment flow from Bitstamp to Bitso.
> pbs.twimg.com
Scamming faggot, you just showed transfers from one exchange to another and claim it's an xRapid transfer and say look that's only for 1 hour and that's $19K. There is no volume and liquidity for XRP. Bitso, the Mexican exchange averages $30K volume in XRP daily. There are dogshit coins on TradeOgre that do more than that. On top of that, there is zero volume and liquidity of XRP in the corridors where it is most needed.
> They sell their software to banks for $10m a pop. 200+ partners now
Yeah, that's why they dumped billions of XRP every year and they were laying off employees in 2018. Their money does not come from software but coins they dump on dumb moonboy faggots who believe the nostro/vostro bullshit will free up trillions from banks and banks will come buy your bags of XRP
Isaac Butler
imagine wanting to shill xrp so bad, that you reverse engineer a thread to learn more about the project.
just sell your link already op.
Jace King
you can use any crypto within reason for xrapid to settle liquidity with a its just faster and less fees using XRP, using Xcurrent you need to rely on nostro/vostro funds to settle liquidity which takes for ever to process
Julian Lee
>Scamming faggot, you just showed transfers from one exchange to another and claim it's an xRapid transfer
I'm not going to write a whole fucking paper for you. Look into it yourself. There are similar occurrences between other xRapid exchanges.These payment flows are happening on weekdays only during business hours and have been steadily increasing for months. There isn't a flag saying xRapid transaction, so we have to do some homework to figure things out.
>There is no volume and liquidity for XRP. Bitso, the Mexican exchange averages $30K volume in XRP daily. There are dogshit >coins on TradeOgre that do more than that.
There is enough to do remittance sized payments in Mexico and the Philippines with more countries soon to follow.
>Yeah, that's why they dumped billions of XRP every year and they were laying off employees in 2018. Their money does not >come from software but coins they dump on dumb moonboy faggots who believe the nostro/vostro bullshit will free up trillions >from banks and banks will come buy your bags of XRP
Enjoy the Chinese dumping $5 billion on you again this year. There were no layoffs. They got rid of one person who didn't fit. I'm not a moonboy and I don't expect banks to buy anything for a long time. But by all means, keep pulling this incredible info straight from your ass to educate everyone.
>you can use any crypto within reason for xrapid to settle liquidity with a its just faster and less fees using XRP
xRapid only works with XRP. Other cryptos could be integrated, but it hasn't happened yet.
>using Xcurrent you need to rely on nostro/vostro funds to settle liquidity which takes for ever to process
If you have nostro/vostro accounts and both parties are on xCurrent, the funds settle instantly. It's simply a matter of atomically updating the internal ledgers of both banks.
Adam Morgan
you r gonna be such a sad boy when xrp hits 1 cent.
Colton Ross
Adam Gonzalez
#pricedoesntmatter
Logan Stewart
>There is enough to do remittance sized payments in Mexico and the Philippines with more countries soon to follow.
Curious how is $30K volume is enough to do remittances with Mexico? Remittance to Mexico, Philippines, etc are all generally one way with remittances coming in from poor workers with hardly any money going out. There is $25 billion in remittance coming into Mexico and $10 billion coming into the Phillipines. How is a $30K volume going to make it a workable solution? This seems similar to the orange man saying Mexico would pay for the wall. Sounded good to dumb poor fags but it was a good scam to get elected.
Ayden Cox
Because Ripple has the wizard of fucking Oz in David Schwartz. He can take a $30K volume exchange and make it handle billions in remittance volume by doing abra cadabra, nostro vostro ....whiz bang, he just dumped another 15 million XRP on you.
Jackson Powell
B-but I thought we were joining the Jews side this time. How can we have been out smarted again.
Kayden Wright
Where does the $30K number come from? Checking CMC right now I see $85K. I don't know where to look for historical data on Bitso, but it has been much higher in the past. Perhaps it's low coming off the weekend? The picture attached shows $821K on March 28.
twitter.com
You are correct about one way remittances being a pain. It would require market makers to rebalance using another market so they can deposit more MXN at the xRapid exchange.