Ripple update: Does xRapid rely on cryptocurrency exchanges for liquidity?
I’ve been reading about the various solutions Ripple offers and was wondering if I’m understanding this correctly. If xRapid does rely on exchanges for liquidity, doesn’t that mean volume would need to be insanely high to offer banks sufficient liquidity? Also, how do banks hedge XRP since it’s so volatile?
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: mbw42
Score: 20
Don’t forget to share the post if you love it !
