Monday, May 20, 2024

"KEEP YOUR EYES ON DIGITAL LEDGER TECHNOLOGY" BY GOLDILOCKS, 20 MAY

 GOLDILOCKS

Keep your eyes on Digital Ledger Technology. Once this is regulated, instant payments become possible. (T+0 instant settlements) This will effect prices on tokenized assets and stablecoins. 


This year, the movement of money itself will create a higher demand in the faster payment sectors of our Market. These new demands create price pressures.


© Goldilocks

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According to the report, Ripple is positioning global payments as a top priority, aiming to revolutionize the industry. The survey, conducted in partnership with the FPC, delves into current and future adoption trends of blockchain payment systems, shedding light on the present scenario and what lies ahead.


Ripple’s CEO, Brad Garlinghouse, emphasizes, “[Blockchain will drive] faster payments between businesses, reducing settlement windows, and ensuring close-to-real-time payments for all bookings.”


Quoting from the report, Ripple emphasizes the real value that blockchain in payments unlocks. An impressive 77% of respondents believe that using blockchain for payments is either “Very Beneficial” or “Somewhat Beneficial” for their organizations’ end customers. Additionally, over 60% share the same sentiment regarding customers using cryptocurrency for payments.


https://coinpedia.org/news/ripples-global-payment-initiative-in-collaboration-with-us-faster-payments-council/

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