Banks transact billions of dollars of various currencies, per day... yeah, the valuation is probably wrong.. it's probably too low...
Edit: I'm not a fan of ripple, but I see why some might value it.
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Banks transact billions of dollars of various currencies, per day... yeah, the valuation is probably wrong.. it's probably too low...
Edit: I'm not a fan of ripple, but I see why some might value it.
Yes but they would only deliver one service to banks. It's not like transferring money is the bank's main source of revenue.