I haven't read up on it. But I'm guessing it will likely be used between banks, their target customers. This could very well be the end of SWIFT, unless they're part of it. At this late stage, bank transfers would be the easiest way to pump the market cap of the stablecoin. Now, I'll go read up on it and see how far off I am.
I'm not clear what they mean by backing the stablecoin with XRP to prevent depegging. As long as redemption to fiat is always 1:1, it doesn't matter what the market price is.
Would say it is a good thing. The technology of Ripple is the stronger point than the XRP token. Think it may be positioned to be used well by banks and institutions. Will have to read up on it moar though as well. !BBH !DIY !DOOK
You just got DOOKed! @pepetoken thinks your content is the shit. They have 54/400DOOK left to drop today.Learn all about this shit in the toilet paper! 💩
@pepetoken just sent you a DIY token as a little appreciation for your comment dear @l337m45732!
Feel free to multiply it by sending someone else !DIY in a comment :) You can do that x times a day depending on your balance so:
I haven't read up on it. But I'm guessing it will likely be used between banks, their target customers. This could very well be the end of SWIFT, unless they're part of it. At this late stage, bank transfers would be the easiest way to pump the market cap of the stablecoin. Now, I'll go read up on it and see how far off I am.
yeah that's kinda what i was thinking
I'm not clear what they mean by backing the stablecoin with XRP to prevent depegging. As long as redemption to fiat is always 1:1, it doesn't matter what the market price is.
yeah i'm going to have to look at the details more
Would say it is a good thing. The technology of Ripple is the stronger point than the XRP token. Think it may be positioned to be used well by banks and institutions. Will have to read up on it moar though as well. !BBH !DIY !DOOK
same
You just got DOOKed!
@pepetoken thinks your content is the shit.
They have 54/400 DOOK left to drop today.
Learn all about this shit in the toilet paper! 💩
@l337m45732! @pepetoken likes your content! so I just sent 1 BBH to your account on behalf of @pepetoken. (25/100)
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You can query your personal balance by
!DIYSTATSHi, @l337m45732,
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