Ripple XRP (rus)

​​Unlocking Global Liquidity Bottlenecks with RippleNet

Nostro accounts are both the backbone and the bane of international banking. They are the providers of liquidity; accounts that large financial institutions hold in local market currencies on each side of a transaction to facilitate a payment. Without them, international payments would slow to a crawl.

However, nostro accounts tie up hundreds of millions of dollars that could be used for investment, lending or dozens of other more productive purposes. They create capital inefficiencies for an institution, add costs, and increase risks from counterparty and currency exchange fluctuations.

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