/biz/ - Business & Finance

>>24167165
OMFIF also talked about it, it can remobilize alot of frozen bankfunds (Around 27 trillion)
>if all the banks put some of that in the XRPL
>RippleLabs becomes bank
>Hands-over own holdings and escrow to IMF
>central banks inflate that piece
>create some bonds with SPARK
>liquidate remaining nostro/vostro money
>flood markets with massive money impulse
>global hyper-inflation
>Resettin' time

>>23753545
ugh, you missed my point. what moneygram does with XRP through the XRPL can be seen like this
>They get money from customer A in pesos
>They buy XRP with those Forint in some formal way, either from the market, bank that works in the ecosystem or Ripple
>transport the value of the remmitance through the settlement corridor
>Moneygram buys back FIAT wanted by Customer A, Peruvian sul for example so that
receiving customer B gets his remmitance
sorry for my amateurish paint drawing, but I hope it makes it abit clearer, it isn't a crypto ment for the storage of value, but its value can increase drasticly when the gears start turning