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We might find out Bank of Kuwait is using actual XRapid XRP. Would change everyt
Poast new message in this thread
Date: May 30th, 2018 8:38 AM Author: Curious orchid nursing home CryptoCoinNews says details are murky and they may actually be integrating XRP not just XCurrent.
We should know soon enough. If it's XRP it's blast off time. Number one market cap no question. Probably back to 2-3 bucks overnight. Maybe more. Would svae the entire market. |
Date: May 30th, 2018 10:59 AM Author: Wonderful bipolar stock car french chef I just don't understand how you could be confident in valuing XRP. It's just a bridge. Payments are in and out of it. (http://www.autoadmit.com/thread.php?thread_id=3989593&forum_id=7#36151178) |
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Date: May 30th, 2018 5:14 PM Author: Curious orchid nursing home (http://www.autoadmit.com/thread.php?thread_id=3989593&forum_id=7#36154060) |
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Date: May 30th, 2018 11:15 AM Author: Chartreuse gay wizard You may be the only one here holding xrp (http://www.autoadmit.com/thread.php?thread_id=3989593&forum_id=7#36151307) |
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Date: May 30th, 2018 5:16 PM Author: Curious orchid nursing home And Im confident you will all see why this year
Basically if youre not buying given the developments from past couple weeks youre insane |
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Date: May 30th, 2018 1:31 PM Author: crawly dingle berry blood rage this thread is why crypto is retarded, in a nutshell. bridge the logical gap between wider adoption of xrp and a higher valuation, if you can. (http://www.autoadmit.com/thread.php?thread_id=3989593&forum_id=7#36152255) |
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Date: May 30th, 2018 2:22 PM Author: Wonderful bipolar stock car french chef Nobody can! (http://www.autoadmit.com/thread.php?thread_id=3989593&forum_id=7#36152589) |
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Date: May 30th, 2018 4:18 PM Author: crawly dingle berry blood rage Ha I wasn’t asking in good faith (http://www.autoadmit.com/thread.php?thread_id=3989593&forum_id=7#36153637) |
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Date: May 30th, 2018 5:13 PM Author: Curious orchid nursing home The purpose it is meant to serve will require a higher representative value per token for funds transfer (http://www.autoadmit.com/thread.php?thread_id=3989593&forum_id=7#36154050) |
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Date: September 19th, 2018 8:51 AM Author: sienna theater sweet tailpipe (http://www.autoadmit.com/thread.php?thread_id=3989593&forum_id=7#36839038) |
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Date: September 19th, 2018 12:12 PM Author: Fiercely-loyal black pisswyrm legend Does it function as a bridge like, bank A buys $10 million in xrp, sends it to bank B, and bank B immediately sells it for their fiat? Or is it something more sophisticated (http://www.autoadmit.com/thread.php?thread_id=3989593&forum_id=7#36840325) |
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Date: September 19th, 2018 2:58 PM Author: sienna theater sweet tailpipe My understanding is that it's a proposed alternative to the nostro accounts used to facilitate international transactions & hedge exchange rate risk. Because XRP transfers settle in seconds with negligible transaction costs, WesternUnion, MoneyGram, and other large banks are considering it as a replacement for their nostro accounts. The big issue, however, is that Ripple hasn't explained how it will increase XRP-to-fiat liquidity. I imagine that's where xRapid comes in: It could be a forex broker offering XRP-to-fiat currency pairs to its international banking partners.
As the name implies, xRapid is probably a complete replacement for SWIFT. But, unlike SWIFT, xRapid has built-in transaction clearing & settlement functionality because it will use XRP. That still doesn't solve the XRP-to-fiat liquidity issue, which is why I think xRapid must be something more than a new version of SWIFT that clears & settles fund transfers natively and within seconds. |