BANKS CANNOT HOLD XRP DUE TO COUNTERPARTY RISK!

In this episode, CryptoRick discusses reasons why banks cannot hold large amounts of XRP in "reserve" as a neutral bridge - namely due to counterparty risk concerns and volatility - especially given it is only required to be used for 3 seconds to convert in between currencies.

CryptoRick agrees with Filthy Quant's assessment of reasons why Ripple's partners instead prefer Ripplenet, that does not require the XRP token and the CBDC can be underwritten without the risk of counterparty risk.

Filthy Quant's Original video -subscribe to his channel https://www.tiktok.com/@filthyqaunt/video/7175540127182228741?is_from_webapp=v1&item_id=7175540127182228741

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