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RE: Why Is There So Much Volume In Ripple Coming From South Korea?

in #cryptocurrency8 years ago

Will they be using Ripple as in XRP or Ripple blockchain technology which is owned by Ripple the company.

If the latter then good for them, not those who hold XRP.

Wouldn't it be awesome if a company in Ripple's position pledged to share any investment or income from the technology with XRP holders? But I guess that would make XRP a security and cause all kinds of regulatory issues.

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banks save 33% on processing fees using the ILP (ripple technology) and they save 60% or more using the ILP and XR(the currency)