Ripple (XRP) Same Day Payment is the True Benefit and Real Use Case Creating New Fintech WorldMay 8, 2020
BTC markets has to state that XRP has provided for business-driven trading volume in their exchange. XRP is used to make effective cross border payments. When compared to other digital assets, XRP has proven itself in the real world cross-border payments sector.
XRP helped get rid of high fees and multi-day settlement times. Thereby proving that it is an asset providing for true utility. It has already proved that it can create a bridge between the traditional financial market and the new world of fintech.
Caro Bowler, CEO of BTC Markets, stated, “XRP is a bridge between traditional financial institutions and the new world of Fintech.”
When Blockchain Technology was very new, people were excited about what blockchain technology can do. However, very quickly, the perception was that these assets were not solving any real-world problems or offering any intrinsic value.
BTC states that the National Blockchain Roadmap that was recently launched by the Australian Government is a promising move that will further digital assets in the process of establishing themselves in Australia.
Sydney Ifergan, the crypto expert, tweeted: “As Caroline Bowler CEO of BTC markets has expressed, we can see that XRP is already playing a big role bridging traditional finance and innovative Fintech technology.”
Ripple (XRP) Improved Competitive Advantage
Trading is already easier for many who are using On-Demand Liquidity. Building liquidity and easing the movement of funds for traders makes ODL all the more attractive. Exchanges facilitating these transactions are already happy about the way XRP is helping improve their transaction volumes. Therefore, improved competitive advantage.
Brad Garlinghouse is busy listening to BlockStars podcasts lately. There are no recent updates from him.
Podcasts are good as they help educate people. And people will actually know what they are talking about. In the absence of some knowledge source, people are going to be ignorant and tweeting all things over literally, making no practical sense. Educational podcasts help do away with assumptions, presumptions, and unruly expectations. We will get to face reality.
Hopefully, the many more episodes will help the XRP community understand the governance and, of course, overcome the regrets of price. They need to understand how the price is irrelevant in many areas—great things happening for XRP adoption. The community will probably decide whether they will HODL their XRP, actively trade XRP or if they are too worried to switch over to something else.