Ripple update: Question regarding price of XRP Corporate vs Retail
Sorry if posted before – I haven’t really found a solid answer yet. Hopefully someone can clear this up for me…
If FI’s and Banks buy a large batch of XRP for their use case, directly from Ripple and continue to buy directly from Ripple, then how will we see that volume/price change on our retail exchanges ?
The way I see it now is that there could possibly be two separate market prices for XRP.
1. A commercial market value for XRP for bank to bank transfer which bypasses retail exchanges and works on larger liquidity pools set out purely for corporate/enterprise use.
2. Retail exchange price of XRP for the common speculator/trader/ico
Is this possible or am I over thinking this?
Any information would be greatly appreciated!
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.
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