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Amigo

Solution against XRP volatility

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Although the volatility of XRP appearantly is not a huge problem as the amount of time banks get exposed to that risk is relatively low (8 seconds transaction time) and also appearantly volatility providers can be used to catch those risks (mentioned in some article), still I can imagine that in the end for XRPs functionality it would be best when volatility to be as low as possible. The solution could be in the banks' hands themselves:  if they just buy massively and only use it for its functionality (so not sell for profit taking), the price would spike / rise significantly and stay there. Or is this thought missing some ingredients?

Another one would be to get some huge consumer platform on board to start using XRP by default (Apple Pay, Amazon, etc) to rise liquidity to a stable level causing a similar effect. Or again, is this thought to short sighted?

 

 

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