Ripple update: Where is the value of the Ripple net?
So im sitting here with an old time banker and he’s asking where is the underlying value of the XRP token?
Behind every single SWIFT transaction there is a banks guarantee/gold reserve, so behind any single SWIFT transaction/bank transfer, theres a psysical value behind, so his question is, what are XRP’s underlying 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: jespermilton
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