Robinhood Just Partnership With XRP And The Price Will Explode Soon! In this video, I’m going to run over xrp technical analysis, xrp ripple
Ripple Committee Members
Mike Baldwin, Head of Transactional Solutions, Global Transactional Services at Westpac Institutional Bank
This is an important milestone for banks to embrace distributed ledgers in the move from proof-of-concept to commercial-ready solutions.
Role Played by XRP
XRP is the cryptocurrency that provides the bank with ‘On-Demand Liquidity.’ A liquidity pool of XRP is used to source the international pool for the users of RippleNet.
In many cases after validation and confirmation of payments, the bank of the receiver is paid before getting a settlement from the payee’s bank. The actual settlement occurs at a later time. This is how the system has worked over the years, and even the transfer between customers takes 2-3 days.
While RippleNet aims to solve the problem of confirmation and DB management, theXRP on-chain liquidity aims to provide instantaneous conversion and payment into any FIAT currency on demand. According to Ripple, it will help reduce the cost for banks by 40-60%.
🚨RIPPLE/XRP HAS OFFICIALLY TAKEN OVER THE US FINANCIAL SYSTEM🚨 ⚠️THE ALTCOIN BULLRUN IS STARTING!!⚠️
You can watch Ripple and buy or sell other crypto commission-free!
Ripple Banks and Partnerships
- Accenture (partner)
- Astropay – UK (Testing?)
- ATB Financial
- Australia and New Zealand Banking Group – (pilot)
- Bank of America
- BNP Paribas
- CBW Bank – US (Confirmed)
- CGI Global (partner)
- Commonwealth Bank of Australia – (Pilot)
- Cross River Bank – US (Confirmed)
- D+H (partner)
- DBS Bank
- Earthport – Over 60 Countries – (Confirmed)
- Infocomm Development Authority of Singapore (IDA)
- IntellectEU (partner)
- National Bank of Abu Dhabi
- Rabobank (Testing)
- RBC Royal Bank (Trial)
- Royal Bank of Canada
- Royal Bank of Scotland – (Confirmed)
- Saldo.mx – Mexico & Latin America (Confirmed)
- Santander Bank (Series A Ripple investor / proof of concept)
- Shanghai Huarui – New Regional Bank in China (Confirmed?)
- Standard Chartered Bank
- Tasgroup – (Confirmed)
- TD Bank Canada (trial)
- Volante (partner)
- Western Union – Global, in almost every single country… (Pilot)
- Westpac – (pilot)
- Yantra (partner)
- American Express
- Bank of America
- Bill Gates/Gates Foundation
- BNY Mellon
- City National
- KBC Bank N.V.
- Wells Fargo
- JP Morgan
Robinhood allows users to watch Ripple cryptocurrency on the app. Currently, you can’t purchase XRP through the platform. If you want to invest in other cryptocurrencies through Robinhood, you can do so by pulling up the cryptocurrency page on Robinhood and placing a buy order on your preferred currency.