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  1. https://ripple.com/insights/the-sign-of-a-stabilizing-market-xrp-utility/ Today, financial institutions are harnessing the power of blockchain and digital asset technology and seeing tangible results. At the 2020 World Economic Forum, Secretary of the Treasury, Steve Mnuchin, referenced this progress. He spoke about the impact of digital assets: “There are benefits to cross-border payment systems in lowering costs for consumers and businesses. We absolutely support companies working on this.” Industry research suggests blockchain adoption became widespread in 2019, with growing awareness of the added value that digital assets can play when paired with blockchain—especially for key use cases like cross-border payments. Moreover, this past year, derivatives trading in digital assets recorded remarkable growth—an important step in the maturation of these technologies. Taken together, increased utility of digital assets in cross-border payments and the introduction of derivative trading are all contributing to a more liquid and stable market for digital assets than ever before, with no sign of slowing down. Growing Utility Helps Drive Market Validation Ripple’s global network, RippleNet, is driving usage of the digital asset XRP. Banks and payment providers are joining RippleNet to leverage liquidity on-demand for cross-border payments, as an alternative to traditional pre-funding and improving processing efficiency. For example, money transfer giant MoneyGram leverages Bitso—the leading exchange in Latin America—as their key exchange partner into Mexico, using RippleNet’s On-Demand Liquidity (ODL) service. ODL uses the digital asset XRP as a real-time liquidity bridge between sending and receiving currencies. In addition to freeing up working capital, it offers instant settlement and guarantees the most competitive FX rates available today. MoneyGram recently revealed that it’s moving more than 10% of payment transactions between the U.S. and Mexico using ODL, and the business plans to use the service in several more corridors this year. In this way, RippleNet is enabling financial institutions to connect with each other and also with each other’s extended networks, creating ‘network of network’ effects. As these network effects continue to increase, it will drive even more liquid markets and robust financial products around crypto, bringing new entrants into the ecosystem. Digital Asset Markets: Increased Build Out of Financial Infrastructure and Products Historically, trading in digital assets has been considered a speculator’s market, with both retail investors and larger institutional players looking to trade in deeper liquidity pools. But last year, the market shifted. Traditional institutional names—like Fidelity, TD Ameritrade and JP Morgan—entered the space, principally on the infrastructure and equity investing side. The more participants, especially established institutional players, in liquidity provisioning, the more competitive the market. Not surprisingly, financial product evolution has continued to evolve. These new institutional entrances, specifically for hedging instruments such as futures/derivatives, plays a big role bringing new investors into the space, thereby further stabilizing markets. In the past year, derivatives trading in digital assets recorded clear growth. Continued growth in derivatives will open up access to more efficient capital and drive higher trading volumes throughout 2020 and beyond. Additionally, as more and more hedging products emerge, traditional investors will see greater opportunities to trade digital assets—reducing risk and further increasing trading volumes. New instruments for digital asset trading are also important in this evolution. In fact, perpetual swaps are considered the most liquid and heavily traded instruments in digital assets today, creating an efficient forum to trade. A recent example of this includes the world’s leading exchange, Binance, adding XRP to its Futures trading platform and making it available in the form of XRP/USDT perpetual contract. Additionally, the growth potential for the digital asset borrowing/lending market is substantial, with the market now considered a $5 billion industry. This substantial momentum in the past year has been fueled in part by low interest rates for many fiat currencies, an increase in the number of digital asset market participants requiring working capital, and growth of long-term digital asset holders looking to generate yield. The Tipping Point for Critical Mass Adoption Despite the fact that today’s market is more liquid than ever before, digital asset values—which have been trading in correlation with each other—remain relatively low. It appears that digital asset markets are still undergoing a period whereby real-world utility and adoption are catching up with some of the speculative hype. XRP has boasted tremendous growth as a global payment asset in the last year or two, as elaborated above in this article. However, the growth potential of transformational technologies tends to unfold exponentially. Therefore, the markets tend to overestimate the impact in the short term, but underestimate it in the long run. As institutional-grade infrastructure continues to be built, and real-world problems are increasingly solved using digital assets like XRP, the tipping point to critical-mass adoption is constantly moving closer.
  2. WOW you totally nailed it with every post in this thread 👌 Thanks for putting some time into this 😉
  3. He derisked a few weeks/months before the moneygram announcement (one of the biggest utility news in crypto overall IMO) - this doesnt add up to your logic And even the price did not pump on the moneygram news - xrp went to 0.50 some time after DS sold a minuscule amount of his stack at ~0.30 If at all, DS derisking turned out to be bullish Key ripple employees cant afford to sell on/after big announcements - well that would really put a shady touch on them IMO
  4. Well one signed contract doesnt often mean that there is just one new company on ripplenet - sometimes such partnerships create network effects due to their own wide range of clients https://mobile.twitter.com/Ripple/status/1181827905984311298
  5. https://mobile.twitter.com/APompliano/status/1179077916518502400 EDIT: not live, it gets released next week https://mobile.twitter.com/APompliano/status/1179078281565523968
  6. https://mobile.twitter.com/cz_binance/status/1179790401412030464
  7. below a few snippets from ripples ongoing UBRICon 2019..
  8. This exactly! This is the funny part of having trolls in this community - Coolio & gang are acting like they need to save the world from the xrp-hopium brigarde without realizing that their whole point of existence is obsolete...
  9. Perfectly on point This should be hammered on all boards
  10. could be -- suspicious with jesse lund leaving IBM World Wire a few weeks/months ago
  11. As an exclusively online service, Xendpay is able to provide its customers with some of the most competitive rates on cross-border money transfers. The London-based company even gives customers the option to waive fees with its Pay What You Want service. To extend this extraordinary initiative even further and help millions of people get more when sending their money abroad, Xendpay recently joined RippleNet, opening up new corridors to Bangladesh, Malaysia, Philippines, Vietnam and Indonesia and enabling real-time payment rails to Thailand. “Most of our customers are migrants who are sending money back home,” explained Bhavin Vaghela, Xendpay’s Head of Product Innovation. “This money is vital to support their families: to pay rent or mortgage, electricity bills, medical fees and education costs. Being an online service allows us to reduce our overheads and pass the savings on to these clients, for whom every penny counts.” Xendpay is popular in countries with established and growing migrant communities, including the U.K. and Europe, as well as Canada, South Africa and India. Other customers include students needing to pay tuition fees and receive funds to cover living costs, as well as small online businesses who buy and sell goods from other countries. Transfer Fees Are Optional with Xendpay All Xendpay customers are concerned with maximizing the value of their cross-border transfers, which is why the company’s low costs and wholesale FX rates stand out. What makes Xendpay truly unique is the company’s Pay What You Want feature that allows customers to waive fees on transfers totaling around $2,500 over a calendar year. This ensures that the full extent of a customer’s hard work is appreciated by their families. The Pay What You Want feature also extends to businesses, who can waive fees on transfers totaling around $5,000 per calendar year. “Our suggested fees start at GBP3.50, which is already low for a cross-border payment,” said Vaghela. “Though it may not seem like much, when you translate that into a currency like Vietnamese Dong, it’s a significant amount of money. Our customers can choose to pay our suggested fee or change it to one they feel is fair.” “I think of our fees as similar to providing a tip,” he added. “If you feel like you’ve been treated well, received a good rate and enjoyed the experience, you might pay the recommended rate. We’ve even had clients pay us more.” Opening Local Markets with RippleNet While flexible fees attract new customers, the difficulty involved in transferring anything other than U.S. dollars to these new countries was still a significant barrier for Xendpay. Dealing in smaller currencies required direct partnerships with local banks and the set-up and maintenance of complex API arrangements for each one. Using RippleNet to connect with a robust network of partners has proven to be a simple solution to this problem. “Previously we had to create a whole business case for each partner,” said Vaghela. “RippleNet reduces that complication and friction. There’s a built-in trust factor, which allows us to get to market quicker. We were unable to offer currencies like Malaysian Ringgit or Bangladeshi Taka before. Now that it’s easier to connect with local partners, we can provide our clients with more local currencies and, therefore, see new growth in those corridors.” Even when Xendpay did have an established local partner, the transactions took days to complete. With RippleNet, previously lengthy cross-border payments are happening in real-time. “When we sent Thai Baht, it took 3 to 4 days for the payment to be processed,” recalled Vaghela. “Thanks to RippleNet, a customer in Germany can log onto our platform at 3AM on a Sunday morning and the money will be in their beneficiary’s bank account in Thailand within an hour. More than 90 percent of our recent payments to Thailand over RippleNet have been delivered within 10 minutes.” Growing Ahead of the Competition Xendpay plans to continue opening new corridors and enabling more migrant workers, students and small businesses to transfer money inexpensively and efficiently. The company has also just launched services into Africa, including high-value remittance markets like Nigeria, Ghana, Kenya and South Africa. “As traveling to and working in other countries has become easier, people are also increasingly more comfortable with transferring money digitally,” concludes Vaghela. “The rapid growth of the online payments market demonstrates this. It’s now a highly competitive sector with a growing number of new entrants. By helping us continually open up new markets, keep our fees low and reduce processing times, Ripple ensures Xendpay remains ahead of the competition.”
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