XRP OVERVIEW BRIDGE CURRENCY OF THE FUTURE

XRP is a protocol that is currently being used by financial institutions like banks, credit unions, stock exchanges etc. that in my opinion and the opinion of MANY financial and economic experts will revolutionize the GLOBAL financial picture.

Cross border payments

XRP facilitates lightning fast cross border payments with INSTANT settlement times of 3 to 5 seconds. The current SWIFT messaging system provides 3 to 5 day settlements.

Low Fees

XRP fees are for pennies.... Yes you heard it right here! With XRP you can send MILLIONS for pennies! The current SWIFT protocol charges up to 25% in fees.

On demand liquidity

XRP eliminates the need for prefunded NOSTRO VOSTRO accounts. What is NOSTRO VOSTRO? Under the current system an estimated 27 TRILLION dollars is held in accounts around the world. Why is this important? Because this money is basically held in a purgatory not being used for investment. Once this money is free to flow into the global economy the possibilities for growth is going to be insane!

Decentralized exchange

XRP provides a DEX or Decentralized exchange allowing users to buy, sell, swap, and trade digital assets without intermediaries like banks.

Digital identities

XRP digital id refers to a digital identifier (DID) which allows you provide a self sovereign identity solution to protect your credentials and personal data on chain.

Tokenization

What is Tokenization? This is the process of taking an asset like gold, real estate, vehicles, even intellectual property like a copyright and breaking it up into pieces called tokens. Tokenization is set to become a multi-trillion dollar market by 2030!

Bridge Currency

XRP is a bridge between different denominations! A person in the UK can send the British Pound and have it converted for pennies for the Colombian Peso in 3 to 5 seconds!