5 Use Cases WHY XRP Matters  plus Facts about RIPPLE

5 Use Cases WHY XRP Matters plus Facts about RIPPLE

Siamak Masnavi writes about Fundstrat Survey: Views of Institutional Investors on Bitcoin and XRP.
Recently, Fundstrat Global Advisors conducted a survey during a dinner with 25 institutional investors. There were ten questions, most of which were about the crypto market. The results were published in a report called “Survey Results: Institutions vs Crypto Twitter” that Fundstat’s Global Head of Research, Thomas Lee, was kind of enough to make available via Twitter. This article focuses on the results of the survey so far as they relate to Bitcoin and XRP.
https://www.cryptoglobe.com/latest/2018/10/fundstrat-survey-views-of-institutional-investors-on-bitcoin-and-xrp/?page=2&original_slug=fundstrat-survey-views-of-institutional-investors-on-bitcoin-and-xrp

Former SEC Member Says XRP Is A Currency, Not A Security
https://www.investinblockchain.com/xrp-currency-not-security/

Italy Completes Blockchain Interbank System Trials.
The initiative was designed on R3’s Corda distributed ledger technology, which has been used by other financial institutions around the globe for their own blockchain initiatives.
https://www.pymnts.com/news/b2b-payments/2018/italy-interbank-blockchain-system/

Japan MONEYTAP
https://youtu.be/tKvoYDbti5E

*1. XRP is live and being used as on-demand liquidity for financial institutions
• Mercury FX
• Caulix
• Catalyst Corportate Federal Credit Union
https://ripple.com/insights/ripple-highlights-record-year-xrapid-now-commercially-available/

*2. Examples of Exchanges where XRP is the base currency / the utility adds to the liquidity of the currency, which increases its transaction speeds.
• San Francisco Based DCEX
• SBIVC in Japan
https://ci.covesting.io/news/ripple-news/san-francisco-based-exchange-use-xrp-base-trading-currency
https://ripple.com/insights/sbi-virtual-currencies-to-exclusively-list-xrp-at-launch/

*3. Cross Border Payments from the US to Mexico and the Philippines. Bittrex will act as the preferred digital asset exchange for xRapid transactions that move US Dollars using the corridors of Bitso and Coins.ph preferred for Mexican Pesos and Philippine Pesos, respectively.
https://ripple.com/insights/xrapid-brings-on-three-new-exchange-partners/

*4. Siam Commercial Bank Pioneers RippleNet’s Cross-Border “Multi-hop” Upgrade Feature. This feature makes the XRP Ledger ideal for bridging multi-hop payments using the Interledger Protocol because it natively supports transfers that deliver XRP…and it executes those transfers within seconds of being presented with the matching fulfillment,” according to Ripple.
https://oracletimes.com/ripple-combats-the-inefficient-management-of-global-liquidity-with-new-feature-for-ripplenet-multi-hop-payments/

*5. COIL: Web Monetization with the XRP Token: Micro-payment services for content
https://coil.com/

Fact 1: Ripple signing an average of two production customers per week. xRapid eliminates the need for a pre-funded nostro account when executing a cross-border payment. It sources liquidity from XRP on exchanges around the world. As a result, cross-border transactions occur in minutes and at a lower cost compared to traditional methods, which take days and incur high foreign exchange fees.
https://ripple.com/insights/ripple-highlights-record-year-xrapid-now-commercially-available/

Fact 2: Ripple is Decentralized Mapping the active node operator locations.
https://minivalist.cinn.app/

Fact3: Ripple CEO says dozens of banks will use its cryptocurrency Xrapid product in 2019. Ripple will have “dozens” of banks using its blockchain product that requires a digital currency known as XRP to work. In addition, xRapid eliminates the need for a pre-funded nostro account when executing a cross-border payment. It sources liquidity from XRP on exchanges around the world.
https://www.cnbc.com/2018/06/05/ripple-ceo-dozens-of-banks-will-use-xrp-product-in-2019.html
https://ripple.com/insights/ripple-highlights-record-year-xrapid-now-commercially-available/

Japan! The Best Website for Kyoto
https://www.discoverkyoto.com/

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