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EUR/USD and USD/JPY - Still a potential Role?


jd2424

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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?

 

 

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