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Strategies & Market Trends : Blockchain and Cryptocurrencies

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To: flashforward2009 who wrote (7255)	3/17/2025 1:32:05 PM
From: Elroy	Read Replies (1) of 7596

By 2025, nearly 80% of Japan’s banks will integrate Ripple’s XRP ( XRP-USD) into their systems, dramatically improving cross-border payments and remittances. This move is expected to significantly lower transaction times and costs Hmmm. I send international wires to Asia often. My bank charges me zero, and the transfer usually arrives the next business day. What does XRP do that is helpful? Cross border transactions aren't that challenging, are they? And if Japanese banks all adopt XRP, don't they need the correspondent bank at the other end of the cross border transfer to also adopt XRP? Anyways, I doubt the banking industry will use a privately developed blockchain to become a core part of their network. Why do that? Just copy the XRP code and have the Banking Industry use it's own identically functional blockchain.

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