Or that hs hosted an event with central banks attending

They are changing the plumbing of the old financial swift system

Thank you OCC Brian Brooks

A coin whos whole purpose is cross border payments.. EVERYTHING😀

Yea it sucks xrp is a slow boomer, but the infrastructure is there

Well, I say XRP is about the only coin seeking regulation. Theyre hiding something:) Especially with all them central bank deals... and banks dont mess with rift raft

I’m not going to deny the graph has been terrible over the last 3 years but what’s being built behind the scenes is pretty huge. If you look up Xpring which is a branch of ripple net you see companies funded by ripple to grow the ecosystem. Forte for gaming, polysign for custody, dharma to incubate and support projects, flare is a bridge between xrp and ethereum to handle smart contracts etc. They’re building an ecosystem around XRP. Now we know central banks and government are opening stating they’re making central back digital currencies and none of these banks will want to use their competitors coins like a jpmcoin. They won’t be interoperable. In theory where xrp can come in here I’d be a bridge asset between these centralized blockchains. For example eUSD - XRP - eYuan. Now this isn’t possible in the slightest now as liquidity is very low that’s why they need an ecosystem developed first before they can handle in theory FX transfers, derivatives etc. If they can increase the volume significantly the utility of the asset would be very appealing to handle the liquidity and lack of interoperability problem governments and banks will have. The asset can settle in 3 seconds and it’s all KYC & AML compliant so everything would be tracked on the ledger. I invest in XRP to get exposure to it as I don’t want to fully bet again ripple or stellar.

I find it funny how people will say fundamentals are the most important thing in crypto then ignore xrp🤣🤣 like umm what?

I’m not really going to dive into the riddlers and crazy price predictions. I can see the value in the asset without believing in all that hype. I personally don’t see swift being here in 5-10 years. Swift is only a messaging service with about a 6% fail rate. When using swift banks need to have prefunded accounts in every corridor as the money doesn’t physically move it’s just an accounting procedure where they debit and credit each day. These accounts are called nostro vostro accounts. The issue with these is it’s locked up dormant capital estimated to be over 10 trillion that is locked away only to be used to provide liquidity. Another issue here is volatility, if you have a prefunded account of Turkish lira recently your account with that fiat currency would have lost a lot of value. In theory XRP would free up that need for nostro account and free up that dormant capital back to banks. The asset would be physically settled also with a 0% fail rate, fees to move millions would be less than a penny rather than 2% of those millions etc. These things don’t happen over night but by next year we should start to see most banks in japan be using XRP for settlement. As for the xrp ripple holds that’s all transparent and held away in an escrow that’s time locked and has set release dates.

I’m surprised the anti XRP people haven’t started grilling us yet “well the old founder is selling” “uhh they dump on us every month” etc etc

MoneyGram grew 106% because they used XRP btw...

Ya it seemed they were paying them to incentivise them to keep a steady level of liquidity and volume. I’m not sure what changed there. There some interesting things going on behind the scenes though. For example with the moneygram being paid situation the SEC told them to declare it as a contra expense so they didn’t have to be taxed on that. That definitely wasn’t a contra expense so it would seem something is going on we’re not aware of. The SEC never gives any answer about the security issue where people claim xrp is a security. From my perspective it looks like something is going on there. As for what you said about banks profiting from nostro accounts, that is true but only the big ones. The smaller ones are paying very large fees so the majority of banks will want to move away that system. Only time will tell anyways, I can’t ignore the utility and partnership so I will be a long term holder.

Check this out... XRP should moon over this news...instead,nothing. Not unusual, just need to be patient...

Xrp is my biggest bag, their partnership are just amazing.

Kraken becomes a bank and now 90% of XRP volume is in kraken 😎

Ok that’s all for XRP talk bye

Just curious why does everyone in here hate xrp? Just not interested or do you guys actually think it’s a scam or soemthing?

Have you seen ripples connections all over the IMF OCC etc etc?

Ripples buying XRP back for liquidity 👀 that’s very good