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#XRP Ripple and its advantages.
XRP is Ripple's cryptocurrency token, which is used to transfer funds across borders at a low cost — trustlessly and instantly. Its primary use is to serve as a bridge currency to offer financial institutions a more cost-effective way to exchange both crypto and fiat currencies.
According to Ripple CTO Stefan Thomas, XRP is quicker and cheaper at fractions of a penny and about three seconds faster per transaction compared to other digital assets.
XRP also offers other advantages: using XRP, banks can source liquidity on-demand in real-time without having to pre-fund nostro accounts.
#XRP #BinanceSquare #usdr
XRP is Ripple's cryptocurrency token, which is used to transfer funds across borders at a low cost — trustlessly and instantly. Its primary use is to serve as a bridge currency to offer financial institutions a more cost-effective way to exchange both crypto and fiat currencies.
According to Ripple CTO Stefan Thomas, XRP is quicker and cheaper at fractions of a penny and about three seconds faster per transaction compared to other digital assets.
XRP also offers other advantages: using XRP, banks can source liquidity on-demand in real-time without having to pre-fund nostro accounts.
#XRP #BinanceSquare #usdr
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Ein Wal mit Long-Positionen in WBTC, ETH, LINK, UNI und MKR auf Aave begann, WBTC zu verkaufen, um seine Schulden zu begleichen. Er hinterlegte Vermögenswerte im Wert von 11 Millionen Dollar bei Aave und lieh sich 8,45 Millionen Dollar in Stablecoins. Die Gesundheitsrate liegt bei 1,08, was auf ein Risiko nahe der Liquidation hinweist.