Brad Garlinghouse: 5000 BANKS WILL USE XRP! ($10,000 Programmed)

5000 banks will use XRP for same day settlement, potentially shifting the payments landscape and leading to widespread adoption and growth of the protocol and token price.
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✩ CHAPTERS ✩
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00:00 5000 banks are connected to Ripple and using XRP for same day settlement, with Trango expanding into Europe and Asia and partnering with over 1300 banks in 100 countries.

01:18 5000 banks will use XRP and trade settlement period will shorten to one day starting May 28th, 2024, potentially shifting the payments landscape.

03:14 5000 banks will use XRP, with potential for widespread adoption and central banks testing the technology, while the SEC needs to approve the xrp ETF.

05:48 5000 banks will use XRP for global payment infrastructure, including partnerships with major companies, as the mobile money industry in Africa grows rapidly due to the large unbanked population.

07:49 XRP can be used in the new ISO messaging system, with Ripple replacing correspondent relationships for instant money management and same day settlement.
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09:19 XRP is categorized as a utility and exchange token by FCA, making it likely that banks will use it for AML and CFT checks due to its connection with Ripple.

10:58 5000 banks will use XRP for real world asset tokenization, leading to growth of the protocol and the token price.

12:29 Ripple was sued by the SEC, but there are questions about the investigation and the future of XRP as a payment and currency option.
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The information contained herein is for informational purposes only. Nothing in here shall be construed to be financial legal or tax advice. The content of this video is solely the opinions and information of our team who are not licensed financial advisors or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. We do not guarantee any particular outcome.
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XRP is being used on a massive scale with 5,000 banks connected to Ripple, signaling a move towards same day settlement or instant settlement.

Ripple and XRP are aiming for a big shift in the landscape of payments, with the ability to move value at the speed of light.

"There's a lot of people that believe xrp is useless and there's a lot of people like me that believe xrp has a place in the world."

5000 banks will use XRP to facilitate mobile money industry growth in Africa at 40% year on year.

The approval of the launch of beta version t plus 0 settlement on March 28th indicates a move towards faster payments.

"Banks are going to be forced to use something like xrp and not Bitcoin because of AML anti-money laundering CFT which is counter terrorism checks right."

"This type of adoption is really what's going to make our Price grow right. It's the protocol, it's just not the price of the token."