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>> No.8839001 [View]
File: 59 KB, 983x509, XRPh.png [View same] [iqdb] [saucenao] [google]
8839001

>>8838951
uneducated retard spewing bullshit

No that's the point, banks don't need to purchase XRP.
XRP provides the liquidity to settle transactions. The XRP is sent
behind the scenes over the Ripple net (blockchain).

xRapid is the product, the orange box that automates all of this in 3 seconds.

>> No.7787949 [View]
File: 59 KB, 983x509, XRP.png [View same] [iqdb] [saucenao] [google]
7787949

>>7787516
stop spreading fud, it's not mineable -> I don't care.
This is the process, xRapid is the orange box and automates purchases of XRP at best exchange rates.

1) Customer wants to send fiat.
2) Banks takes fiat and xRapid provides appropriate amount of XRP and sends it over d. network.
3) At destination XRP is again converted to fiat.
4) Done.

All in 3 seconds.

There is no locked value anywhere.

>> No.7787824 [View]
File: 59 KB, 983x509, XRP.png [View same] [iqdb] [saucenao] [google]
7787824

>>7785861
This is the process.

The orange box is xRapid and automates the process. XRP is automatically bought at best exchange rates.
So noone will set its value to 1USD for transfer or anything like that.

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