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xippix

MUFG bank will use XRP?

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6 minutes ago, MisterRipple said:

Can't read XRP in between the lines, old news no?

I quote someone from another forum:

"It's not xCurrent because they will use GPI (MESSENGER). You can make a xrp payment with xCurrent and xVia!"

Schermafbeelding 2018-11-30 om 15.37.57.png

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1 hour ago, Montoya said:

Is there any liquidity in the Brazilian XRP market? Enough to make it cheaper than other methods?

I know Brazil has been mentioned repeatedly by members of Ripple over the past few months as a corridor they are focused on.  I wouldn't be surprised if they have built the necessary liquidity to handle smallish remittences.  I wish I could provide more concrete evidence of this though.

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Everyone is so ready for this to moon. 

It might be worth reminding of an innovation company that started in 2003 (15 years ago) today has advanced tech over the competition yet holds 2% of the market share and is only worth $2.2B

 

15 Years......HODL people

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1 hour ago, xrpmommy said:

This ex swift guy is the new Country Manager Brazil for ripple and connecting the dots.

https://www.linkedin.com/in/henriquepteixeira

 

 

Nice find. There are 4 job positions at the moment in Sao Paolo, Brazil. Ripple's foothold is going to increase during 2019.

https://ripple.com/company/careers/all-jobs/

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Number 5 bank

Mitsubishi UFJ Financial Group, Inc. is the fifth-largest bank in the world by total assets ($2,784.74 B) , with a larger capital base than that of other consortia such as JPMorgan Chase & Co. (number 6), Goldman Sachs (number 35) or even Santander (number 16), which it is worth noting, has also had positive experiences with Ripple.

https://ethereumworldnews.com/mufg-ripple/

Edited by xippix

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"According to the Nikkei Asian Review, merchants who support acceptance of the J Coin will be charged fees significantly lower than for credit card payments in a bid to spur adoption and uptake."

https://www.finextra.com/newsarticle/33156/mizuho-bank-prepares-roll-out-of-proprietary-digital-currency

As far as I'm concerned many Japanese still prefer to pay with cash. The Japanese banks are now going to push their stablecoins (pegged to JPY) to the markets in order to compete with the credit card companies. Thus, there will be multiple digital currencies (MUFG Coin, J Coin, etc.) along with JPY. The other countries will watch Japan and ape them later if needed. I have not yet came to conclusion is this good or bad for XRP. Any thoughts? Do you need settlement asset (i.e. XRP) if you want to pay with J Coin but the merchant does not accept it in Japan domestically?

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