jd2424 Posted August 18, 2017 Share Posted August 18, 2017 Ripple (via XRP) is focusing on bridging the less liquid currencies, as opposed to the liquid pairs like the EUR/USD. Here is what I am wondering though: Even though the spread between the EUR/USD is very tight, their are still costs associated with executing that trade (e.g., transaction fees/commissions). If a smaller bank were to use Ripple's software for a EUR/USD transaction, could they potentially save more money executing via Ripple instead of using an Interbank Market market maker like JP Morgan or Citi? Hodlezerper 1 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now