RE: $100 Ripple? Mark Cuban Investing In ICO'S?

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$100 Ripple? Mark Cuban Investing In ICO'S?

in bitcoin •  7 years ago 

and by the way it will be traded between all fiat pairs, why are you saying rarely? you obviously have not done any research on ripple

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Sure, but banks can also transfer fiat over ripple, cross border etc. If a US bank wants to settle funds with a bank from an obscure country, they might not have USD to x country fiat trading pairs with enough liquidity. But they have usd to xrp, and xrp to x currency. That is what xrp is for. Is there any other reason for them to use xrp? Honest question.