Ripple update: Quick question
When xrapid goes live the price will understandably change a lot. I dont mean the announcement that its just live but having actual transactions processed by banks. Since the price change will probably be very drastic at first, wont that volatility have an effect? I understand the speed will minimize the effect of such volatility, but if the price changes as fast as we’ve seen before couldnt still have a negative impact. I dont understand much so I was hoping someone would clarify. Thank you in advance.
Edit: english
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: don-m
Score: 2
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