‼️BANKS WILL CONSOLIDATE FOREIGN ACCOUNTS INTO ONE SINGLE XRP LIQUIDITY POOL‼️ Banks keep money sitting in other countries so they can pay people there on demand. Those parked balances are nostro accounts.🏦 To run this model, banks must hold multiple accounts and multiple currencies. Most of the cash in those accounts sits idle until it is needed. That is trapped liquidity.🔻 Those costs are why banks look for a cheaper alternative.🎯 This is where XRP comes in.😏💨 Instead of managing multiple currencies, banks on the Ripple network only need to hold their local currency and XRP. When a payment is instructed under this framework, the bank’s local currency is converted to XRP, XRP is transferred, and XRP is converted into the destination currency.✅ That removes the need for separate foreign accounts and turns trapped capital into liquidity that can be used.💯 Documented below.📝👇