A thought-provoking question for everyone in the crypto community.
Why is $XRP & $XLM listed as stable coins by @WorldBank?
My idea is settlement fees and transfer times are stable (4 seconds + less than 1c fee) and for funds moving there is minimal fluctuation in 4 seconds
Why is $XRP & $XLM listed as stable coins by @WorldBank?
My idea is settlement fees and transfer times are stable (4 seconds + less than 1c fee) and for funds moving there is minimal fluctuation in 4 seconds
https://twitter.com/UtilityTheory/status/1481713192048934912
Compare 4 seconds to the broken correspondent banking system fees & exchange rates, which also take 5-7 days to settle. (That is not stable)
Example:
1. Send 1 million $
2. Bank has ledger with XRP / XLM
3. Sends tokens to other bank - 4 seconds
4. Receiving bank Converts 2 Cash
Example:
1. Send 1 million $
2. Bank has ledger with XRP / XLM
3. Sends tokens to other bank - 4 seconds
4. Receiving bank Converts 2 Cash
This ecosystem infographic of $XLM was created by the utility artist / deep researcher @XX_1133_1221_11
Make sure to check him out for his sweet contributions to the Utility crypto communities!
#Utility #researchers #Blockchain #4IR #Visualization
Make sure to check him out for his sweet contributions to the Utility crypto communities!
#Utility #researchers #Blockchain #4IR #Visualization
2Global Token Liquidity pools that transfer near-instantly for a fraction of a cent, that can be transferred between retail, banks or any device on the internet
🔓Trapped liquidity in Nostro & Vostro accounts
📑Auditable Ledger
Leave your thoughts below!🤔💭
#XRP #XLM #fintech
🔓Trapped liquidity in Nostro & Vostro accounts
📑Auditable Ledger
Leave your thoughts below!🤔💭
#XRP #XLM #fintech
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