@StellarOrg@DenelleDixon@FTDA_US Can you explain to me how this is valuable in terms of token appreciation? I can't wrap my head around the value of Xlm increasing. 10,000 xlm would take care of a quadrillion dollars of volume.
@GaryCardone No. That's like saying you Pepsi and Orange Juice should just all be in the same bottles. They are both drinks but they are entirely different and they serve different purposes.
@BitrueOfficial On top of that, the mechanism does not use xlm tokens to tokenize the asset. I'm a developer of 20+ years of experience. They will transact with the underlying asset or stablecoin and use xlm as the gas. Which is $0.0000000001. So, try again.
@BitrueOfficial The DTCC had no plans of purchasing or acquiring any amount of $XLM. The fees are so cheap regardless that even if the entire 'quadrillionzzz omgzzzz guizze' AUM were to be tokenized and transacted, the DTCC would only need maybe 100 or 200 tokens. Retail sheep buying.
@ResourceEvo@BitrueOfficial "DTCC doesn't need large XLM holdings because Stellar fees are microscopic (~0.00001 XLM per transaction) and base reserves are tiny (~0.5 XLM per account). Even millions of tokenized asset operations require only trivial amounts for fees and reserves."