CodeXRP

[CodeXRP @CodeXrp57017]

@ashgoblue Can anyone clarify the 'Lending' side of Evernorth’s model?
Why borrow XRP? Why would an institution take a loan in XRP instead of borrowing dollars?

Where does the XRP go? Once borrowed, does it remain in the XRPL or is it being sold for fiat currency?

[CodeXRP @CodeXrp57017]

0.5% ~ 1.5% for 4 seconds delay and the market maker fee. It could be much less if the liquidity volume is higher

[CodeXRP @CodeXrp57017]

SWIFT vs. XRP: The Real Cost of Liquidity
Simple calculation

On a $10k transfer, SWIFT costs $230, and XRP would cost $50.

SWIFT: $30 + 2.0% Hidden FX charge
XRP: 0.00001 XRP (10 drops) + ~0.5% - 1.5% Liquidity Spread
$XRP #XRP #SWIFT #XRPHolders