Ripple makes Delta 1 swaps available for XRP with 3-second settlement
Ripple has made Delta 1 swaps available for XRP, offering 24/7 trading with a single counterparty and 3-second settlement, an instrument that Goldman Sachs and JPMorgan have used for decades. This positions Ripple at a comparable level to major financial institutions.
Detected & updated continuously · Source: Nebula
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@RipBullWinkle
Goldman Sachs and JP Morgan have used Delta 1 swaps for decades to build massive positions with zero balance sheet disclosure. Ripple just made that exact instrument available for $XRP. 24/7. One counterparty. 3-second settlement. This is huge. https://t.co/u4kcrvWLK6 https://t.co/X96Xf373CR
@Steph_iscrypto
🚨Ripple is now operating on the SAME LEVEL as $300,000,000,000+ financial giants Goldman Sachs and JPMorgan. https://t.co/lVwbeb4mJy