Ripple's XRP can provide $5B+ daily ‘working capital’ for currency exchanges

XRP can serve as short-term working capital for currency exchanges, as transactions typically take only a few minutes to complete. Orders move through central exchanges, and if any money needs to b...

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Ripple's XRP can provide $5B+ daily ‘working capital’ for currency exchanges

Source: CryptoSlate

XRP can serve as short-term working capital for currency exchanges, as transactions typically take only a few minutes to complete. Orders move through central exchanges, and if any money needs to be held briefly, companies can hedge that risk using XRP futures. The idea is to use local liquidity at both ends of a transaction […]