Banks transfer fiat via XRP on Ripple protocol

God27

sr. member

Activity: 364

Merit: 250

The 4th industrial revolution!

Quote from: papillon13 on June 24, 2016, 04:28:54 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?

papillon13

newbie

Activity: 14

Merit: 0

So? What's the big deal?

Ramazi

newbie

Activity: 28

Merit: 0

Quote from: cmbartley on June 23, 2016, 03:11:25 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.

cmbartley

full member

Activity: 140

Merit: 100

"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

Topic: Banks transfer fiat via XRP on Ripple protocol (Read 512 times)