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Strategies & Market Trends : Blockchain and Cryptocurrencies

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From: flashforward2009	3/16/2025 1:44:30 PM
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Proposal on SEC website suggests XRP as a strategic asset for US financial system . There's a big difference between most crypto's and XRP, some estimates are over 90% of today's Crypto's will eventually go away. Ones that markedly increase utility and do things cheaper are the ones that will survive. XRP transaction fee around .0025, average transaction time is under 4 seconds ( I haven't seen a transaction that takes over one minute. It handles all currencies or a basket of them and can be used to purchase PM's. Customers can purchase metals like gold, silver, platinum, palladium, and rhodium. . SWIFT fees "The average Swift money transfer fee is around 0.5% to 1% of the transfer amount, but it can go as high as 3% in some cases." " SWIFT execution time "On average, they take about 18 hours to process, and two-thirds of them arrive within a day."

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