#XRP #crypto2023
Ex-Banker has made a Prediction that XRP Will Render PSPs and Nostro Accounts Obsolete.
The longform of PSP- Payment Service Providers, they provide services for payments. Think PayPal, Visa, Mastercard, etc
1.Using $XRP banks no longer need Nostros for locked spare liquidity for large transfers
2.They can utilize $XRP as a bridge currency for sending value across different banks national currencies
3.Again, still much earlier than $XRP but their vision does show a lot of promise💥
Note: Ripple {xrp} will do wonders during the Bitcoin Halving.
I cant wait to see how blockchain begins to change the payments landscape
One day in the near future we'll operate in a financial system thats SECURE, INSTANT & EFFICIENT💯