$XRP XRP is not used in the deal: The Ripple Payments platform can operate on regular fiat currencies or stablecoins (for example, the new RLUSD from Ripple). The official press release does not state that Jeonbuk Bank will use XRP for settlement. Therefore, it does not create direct buy-side demand in the market. STOP TOSSING BULLSH*T.
Post
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.