See: Post-trade settlement, Clearing houses, fx market. Development of CDBC's, stablecoins, payment systems issued on the XRPL for interbank settlement (XRP not intended for the retail investor).
For reference listen carefully to Patrick Griffin describe the use case in this IIF showcase video from 2014: youtube.com/watch?v=DvBns7XLLxo
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.