A Closer Look At Ripple’s Money-Saving Claims
PYMNTS
MARCH 2, 2016
To achieve this, Ripple is placing its bets on XRP, a digital currency that the firm argues will be instrumental as a bridge asset to facilitate interbank transactions. It’s a currency that allows financial institutions to ditch the nostro account and instead keep XRP on their own balance sheets. Cost-Saving Opportunities .
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