$27 trillion is tied up in nostro and vostro accounts at banks around the world. That capital isn’t doing anything. It exists solely to ensure that international payments can be processed in a system that takes days to settle. XRP was designed to unlock that capital. Every bank that adopts ODL unlocks that liquidity and puts it to work. The market Ripple is targeting is not the crypto market. It is that dormant capital.
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.