Ripple update: Xrapid BTC/XRP for liquidity
Could xrapid use btc for buying and selling but xrp for the transfer? It’d be fiat buys btc, then buys xrp with btc because volume is greater and more liquidity, sends xrp to the destination and sells xrp to btc then fiat
This is for cases when volume and liquidity is low for xrp but not for btc
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: mrelieb
Score: 9
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