>>60860831
SBI Ripple Asia, though I guess it isn't even a subsidiary. It is a separate entity entirely jointly formed with Ripple. He was discussing the period of time wherein crypto in general is basically forbidden or compliance incapable in banking.
>other id
Wtf are you talking about? I literally never said anything remotely like that. This is beyond desperate.
>ODL
None of them use link for settlement. Many banks use XRP enabled corridors for international payments. There is a huge purpose to want a counterpartyless intermediary currency, particularly for onchain assets. Smart contracts are not capable of the same level of payout at the same efficiency value. Already discussed this at length in
>>60844361
>>60844612
There is extreme utility to public networks to bridge the walled gardens with liquidity and no central counterparty basically frictionlessly against other assets and tokenized products and any even hypothetical network. US banks literally cannot even use crypto yet and OCC/Fed bank regs just got rescinded like 2 months ago with still no pending legislation. There probably wouldn't be US bank adoption until we have permissioned liquidity pools for compliance/AML/KYC purposes, which is on the docket for amendments, or until we have the market structure legislation. Meanwhile Wellgistics and Linklogis (pic related) are adopting XRP for payments. I wonder why such HUGE in their space companies would adopt an "obsolete" bridge, particularly in hyper-regulatorily tight China! Lol