I understand the mechanics of xRapid:Initial purchase: XRP is purchased with local currency -> increase in demand for XRPTransaction:a. XRP is sold for the demanded currencey -> lowers demand for XRPb. XRP is purchased to complete the transaction -> increase in demand for XRPMy question is:How much XRP is needed to conduct a standard transaction for a financial institution?How many transactions occur in a day that need the XRP? I view this as basically new working capital required by the FI.
Submitted September 19, 2018 at 09:18AM
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