RippleMann Posted February 21, 2018 Share Posted February 21, 2018 Hey guys. So I'm trying to wrap my head around something. If a bank was to use XRapid to transfer money they would save on transfer fees but they would also be using the XRP token. Lets say Person A was going to transfer $100 to Person B. Would the $100 be converted to XRP based off of the price it's selling for? Like let's say XRP is trading at $1.50 at the time of the purchase. Does that mean the $100 is converted to XRP based off that trading price? So Person B actually gets 66.66666 worth of XRP tokens? ($100/$1.50) Also if that's the case, what if the price drops a little during the transfer? Does Person B not get the same amount of money anymore? Link to comment Share on other sites More sharing options...
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