XRP and RIPPLENET - WHY NOT STABLECOIN for Cross Border Payments
142XRP and RIPPLENET - NOT STABLECOIN for Cross Border Payments? I will provide an answer to this. First the viewers question:
VIEWERS QUESTION / COMMENT:
Why use the market value of XRP in bank transfers? Why not use the Blockchain ledger as an actual ledger (ie store fiat transfer amount in it and use a single XRP token to represent Ownership).
Personally if token value is going to be used I would actually use a dollar-linked stablecoin for interbank transfers - it makes more sense.
VIDEO: My Response.
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