13 April, 12:42
drip-drop
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17Commentary 17C
@17Commentary
13 April, 12:48
In response Vincent Kennedy⍟ to his Publication
if a bank needs to process a billion dollar transaction, doing that with a $1 asset moves the market too much. a high XRP price actually is more attractive to institutions to avoid possible drag or slippage due to order book size that could occur in a low price market.
e.g. they’d have to find 1,000,000,000 XRP at $1, or 200,000 at $5k XRP
ODL :)
e.g. they’d have to find 1,000,000,000 XRP at $1, or 200,000 at $5k XRP
ODL :)
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