Ripple XRP: Will The UBS Coin Be A Real XRP Killer?
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I travel to sweden twice a year. only thing I use is cash at stores, restaurants, taxis, and so on. cash works just fine there, and no merchant has ever told me no.
Xrp and ubex have a real use case
Ada could b the big killar!
yup the .19 has been a PITA to get above
Even USC would require an FX component. Imagine a bank making a payment between the US and UK. The UK bank uses sterling to buy USC from the pool. USC is sent across the network to a US bank. The US bank will want to redeem USC for dollars and so a currency exchange between Sterling and Dollars will have to take place somewhere. Why not just use XRP in the first place.
Ipo will kill xrp price?
Why xrp price going down like 18 cent euros
Can you please elaborate further as to how you got to $80-100 right out of the gate.
Concerning UBS (aka USC) Coin, Project Finality
https://www.ledgerinsights.com/nsd-whitepaper-blockchain-in-finance/
It is found mid-way down in this article
Project Finality- Tokens backed by cash held in the central bank's general reserve account and not enjoying central bank guarantees
.
They basically took funds held in a nostro account and deposit them with central banks' general reserve account. Never did away with need for nostro accounts.
Given this info, USC (Utility Settlement Coin) is not a XRP killer.
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