Ripple update: Could bots and HFT disrupt settlements using XRP?
Another concern would be a cascade effect of downward price movement due to stop loss orders being triggered. While settlements occur within 1-3 seconds, I think flash crashes from bots and HFT could be able to influence a settlement within that time span. Then again, if a settlement isn’t dependent on the fiat price of XRP, then why does it have value?
About Ripple (XRP)
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.
Author: _Untermensch
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