Remove Cross-Border Settlement Remove Interbank Settlement Remove Volume
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A Closer Look At Ripple’s Money-Saving Claims

PYMNTS

We break down the company’s argument as presented in “ The Cost-Cutting Case for Banks: The ROI of Using Ripple and XRP for Global Interbank Settlements.” While this can be a solution to some of the costs associated with cross-border payments, Ripple noted that many FIs cannot afford to maintain these accounts.