Ripple XRapid the new way of cross border payments ??
Well you might be aware of the prices shooting high up of Ripple currently but might not be aware about the reason behind it and that is XRapid this is simply a product of Ripple that will help the institutional banking services to deal with cross border payments in real time they are in beta testing right now.
Something interesting to note here is that they are already working with more than 120 banks worldwide which includes some big names like american express,western union these are few to name here the list keep's going on.
But what's so special ??
This product might be going for a commercial launch soon and this could be then implement in the current banking scenario for settling down cross border payments in different currency in real time and would eradicate the commissions in between that are huge for anyone to pay.
The prices just after this news came went high like a rocket and many holding XRP as its the top 3rd coin in the cryptocurrency market.
Are you holding Ripple what do you think about the future ??
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Can't wait for the bull market season :)
One month can make ripple holders a lot of money I think 🤔
I used to dislike XRP because it was pro-bank, anti decentralization.
Now, I think it is a good decentralized investment with speed. I love how Facebook execs left a high cap for a global low cap.
I want more.
I am a hodler, I can't wait for the launch of x-rapid, I think it will be a game changer for the banking industry and ultimately consumers will benefit through lower transaction costs.