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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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23784293 No.23784293 [Reply] [Original]

>The test is designed to determine whether the speed of XRP can be used as a bridge asset to lower the risk of price fluctuations that can occur as one currency is traded for another, as well as determine potential savings on fees associated with the transfer.

>According to the Bank for International Settlements, trading in the global FX markets reached $6.6 trillion per day in April of 2019. Foreign exchange swap volumes are estimated to account for approximately half of the FX market.

>Ripple and SBI are longtime partners, and SBI invested in the San Francisco-based payments company back in 2016.

>SBI is currently using Ripple’s payment messaging system, which is not based on XRP, to power its settlements platform Money Tap.

>The company also allows shareholders to receive dividends in XRP, and gives gamers on its e-Sports team the option to receive their salaries in the digital asset.

https://dailyhodl.com/2020/11/07/financial-giant-sbi-to-test-xrp-in-6-6-trillion-foreign-exchange-market/

>> No.23784312

>>23784293
2 9 3
5 9
119
14
113

>> No.23784351

$$$$$$

>> No.23784392

>>23784293

FUDDERS won't touch this because it shits down their throats in an "I got wasted and ate burritos at 3am last night" type of way.

My 20k stack is about to turn into generational wealth.

Get rekt.

>> No.23784424

>>23784392
>My 20k stack is about to turn into generational wealth.

shut up, you'll jinx it.

>> No.23784434
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23784434

>>23784293
>which is not based on XRP

Ok...

>> No.23784567

>>23784434

work on your reading comprehension

>> No.23784620
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23784620

>>23784567
Ohhhh my bad, I see. Separate things lol, sorry. I'm retarded today

>> No.23785096 [DELETED] 
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23785096

>>23784567
Thank you for acknowledging your retardation anon

>> No.23785112
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23785112

>>23784620
Thank you for acknowledging your retardation anon

>> No.23785291
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23785291

>>23785112
My pleasure. Brain no work good when day drink

>> No.23785476

How much would xrp need to be worth if it took this 6.6 trillion?

>> No.23785540

>>23784293
Imagine not being all in on XRP lmao
I will spam this board every day for five years with screenshots of fudders once XRP hits 100$

>> No.23785577

>>23784293
>pay some manager at a bank to do a meaningless proof of concept run
>pay for articles that use it to shill
>idiots fomo in
at some point everyone dumb enough to believe this tactic is already fully in. Xrp has already achieved that point. That's why it's never going to pump again.

>> No.23785842

>>23785577
You fucking retarded nigger SBI holds over 9% of all XRP and a chairman of one of Japan’s Govt banking branches works for SBI Ripple. I sincerely hope you kill yourself when we moon.

>> No.23786698

>>23785842
This lmao people are fucking zombies.

>> No.23786992
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23786992

>>23784293
>$6.6 Trillion
HOLY FUCKING SHIT WE ARE ALL GOING TO MAKE IT LADS!!!!!

>> No.23787037

>>23785540
based

>> No.23787066

HOW MUCH DO I NEED TO MAKE IT. I AM FINANCIALLY RUINED FROM TRUMP BETTING

>> No.23787071

>>23785476
Around 68 USD per XRP fully diluted (all 100 Billion). Current floating tokens it would be 150 USD per token.

>> No.23787300

Fudders riddle me this

Japanese people have some of the highest iqs in the world outside of the certain (((groups)))

A company that's part of the Japanese banking elite owns >9% of all XRP

And now we have japanese people who are willing to have their salaries paid in XRP...

You're telling me you are smarter than all of the individuals above?

All of the individuals above are stupid for trusting XRP? But they have more money than you?

I for one will be joining our gundam brethren when xrp moons

>> No.23787319
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23787319

>>23787071
>MFW Multimillionaire overnight