"By consolidating liquidity to service international payments from many, disjointed, international nostro accounts into one XRP pool, respondent banks allocate less total liquidity to service the same volume of global payments. The bank only has to
hold its domestic currency and maintain one account with XRP, with only enough XRP to service its largest expected payment obligation. "
The Role of Blockchain in Banking
https://www.omfif.org/wp-content/uploads/2020/05/The-role-of-blockchain-in-banking.pdf
The Cost-Cutting Case for Banks
"By consolidating liquidity to service international payments from many, disjointed, international nostro accounts into one XRP pool, respondent banks allocate less total liquidity to service the same volume of global payments. "
https://ripple.com/files/xrp_cost_model_paper.pdf
Square Lands Hard On Cryptocurrency
"Lost in the excitement of Square’s big earnings announcement Wednesday (Aug. 5) was its prowess in cryptocurrency. In addition to its significant revenue increase from seller fees and user deposits, the company’s Cash App generated $875 million of bitcoin revenue and $17 million of bitcoin gross profit during the second quarter of 2020, up 600 percent year over year. The revenue and gross profit benefited from an increase in active bitcoin users as well as growth in customer demand for the service. By comparison, Square made $306 million in bitcoin revenue for Q1."
XRP Markets Report, MoneyGram, and More
https://www.youtube.com/watch?v=VPmRBu0L4Ek
Jungle Inc The Lost Episode:
Redefining Money/Value Will Be Key During Financial Crash
https://www.youtube.com/watch?v=wJQfz08ktyI&t=259s
Follow me on Twitter @ https://twitter.com/jungleincxrp
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#XRPNews
#Ripple
#JungleIncXRP
hold its domestic currency and maintain one account with XRP, with only enough XRP to service its largest expected payment obligation. "
The Role of Blockchain in Banking
https://www.omfif.org/wp-content/uploads/2020/05/The-role-of-blockchain-in-banking.pdf
The Cost-Cutting Case for Banks
"By consolidating liquidity to service international payments from many, disjointed, international nostro accounts into one XRP pool, respondent banks allocate less total liquidity to service the same volume of global payments. "
https://ripple.com/files/xrp_cost_model_paper.pdf
Square Lands Hard On Cryptocurrency
"Lost in the excitement of Square’s big earnings announcement Wednesday (Aug. 5) was its prowess in cryptocurrency. In addition to its significant revenue increase from seller fees and user deposits, the company’s Cash App generated $875 million of bitcoin revenue and $17 million of bitcoin gross profit during the second quarter of 2020, up 600 percent year over year. The revenue and gross profit benefited from an increase in active bitcoin users as well as growth in customer demand for the service. By comparison, Square made $306 million in bitcoin revenue for Q1."
XRP Markets Report, MoneyGram, and More
https://www.youtube.com/watch?v=VPmRBu0L4Ek
Jungle Inc The Lost Episode:
Redefining Money/Value Will Be Key During Financial Crash
https://www.youtube.com/watch?v=wJQfz08ktyI&t=259s
Follow me on Twitter @ https://twitter.com/jungleincxrp
Jungle Inc Gaming Coming Soon: https://www.facebook.com/jungleincgaming/
Thank you for Subscribing!!
#XRPNews
#Ripple
#JungleIncXRP
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