Welcome to the reddit ripple community! Ripple connects banks, payment providers and digital asset exchanges via ripplenet to provide one frictionless experience to send money globally.
Xrp is the fastest & most scalable digital asset, enabling real-time global payments anywhere in the world. Using xrp, banks can source liquidity on demand in real time without having to pre-fund nostro accounts. Payment providers use xrp to expand reach into new markets, lower foreign exchange costs and provide faster payment settlement.
ripple ended the otc sales because theres already enough liquidity for different currencies world wide. I think it takes less than 10 market makers to create enough liquidity because of the scalability of xrp and fis multinational functionin. I truly think xrp has potential to change the financial industry.
the fact is ripple shills make it seem like xrp is adopted and being used. It there actually was a demand for it, it would not be dumping like every speculative asset in crypto. What is worse, xrp dumps harder because ripple itself or some holders with billions of xrp dump it.
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