XRP has recently made it clear that he is determined to continue his march in the kryptogara world with certain steps. Ripple is going to be the number one choice of banks worldwide.
Will XRP be the number one choice anytime soon!!!
In an interview with CNBC on Tuesday, CEO Brad Garlinghouse, or Ripple, noted that the future of the XRP was very bright. Because, many banks will continue to use the Ripple book until the end of 2019. The xrppad is an open source code base that performs more than 1,500 operations per second. The XRP book requires only the XRP coini.
It’s not the first time Garlinghouse has ever flown Ripple. In another interview at the conference called 20/20 money, Garlinghouse described his confidence in Ripple in the following words. He said:
“I told you that by the end of 2019, the xRapid book will be the number one choice of banks worldwide. Before the end of 2019, I believe that dozens of banks will integrate ripple into their systems.”
Ripple Will Be Accepted More And More By Banks…
The company is now working on very important projects. One of these projects is to provide financial institutions with liquidity solutions that enable them to make international payments faster, transparent and cost-effective than traditional methods. the xRapid project is one of the recommended solutions. This system has been developed for institutions that reach emerging markets. Both faster and less costly operations increase their volume.
The system filters third-party collections for the most competitive options.
Thus, once the currency is converted to XRP, it can be converted to any currency requested by the buyer.
the xRapid system is fully scalable and fast. For this reason, transactions are completed within a few minutes within the country, while international transactions can take 2 to 3 days for large amounts of transfers.
In relation to ripple’s price, Garlinghouse recently added::
“On the one hand, the sector is developing, on the other hand, as a negative development, too much speculative attempts on the market can affect. However, people will understand the best methods of use over time. Bitcoin will be panacea one day, as all people expect. Bitcoin certainly has the ability to solve different problems. On the other hand, blockchain and different types of books are being created every day.”
Is Garlinghouse’s estimate going to take place? Will ripple be accepted by a few banks by the end of next year? Does that affect ripple’s price? We’il wait and see.