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Banks transfer fiat via XRP on Ripple protocol
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Topic: Banks transfer fiat via XRP on Ripple protocol (Read 501 times)
cmbartley
(OP)
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Activity: 140
Merit: 100
Banks transfer fiat via XRP on Ripple protocol
June 23, 2016, 08:11:25 PM
#1
"Instead of transacting via local currency accounts at correspondent banks around the world, the banks convert funds to Ripple's own digital currency, known as XRP, then complete an exchange almost instantly."
http://app.ft.com/cms/s/541414c0-3834-11e6-a780-b48ed7b6126f.html
Ramazi
Newbie
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Activity: 28
Merit: 0
Re: Banks transfer fiat via XRP on Ripple protocol
June 24, 2016, 05:21:00 PM
#2
Quote from: cmbartley on June 23, 2016, 08:11:25 PM
"Instead of transacting via local currency accounts at correspondent banks around the world, the banks convert funds to Ripple's own digital currency, known as XRP, then complete an exchange almost instantly."
http://app.ft.com/cms/s/541414c0-3834-11e6-a780-b48ed7b6126f.html
The link requires subscription to FT, not really useful.
papillon13
Newbie
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Activity: 14
Merit: 0
Re: Banks transfer fiat via XRP on Ripple protocol
June 24, 2016, 09:28:54 PM
#3
So? What's the big deal?
God27
Sr. Member
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Activity: 364
Merit: 250
The 4th industrial revolution!
Re: Banks transfer fiat via XRP on Ripple protocol
June 24, 2016, 11:13:19 PM
#4
Quote from: papillon13 on June 24, 2016, 09:28:54 PM
So? What's the big deal?
Yea I agree with this. Please evaluate for us your reason why we should like to hear about this story on ft?
Providence - Freedom to Enterprise
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