RippleNet is committed to solving liquidity problems for banks and financial institutions.

Bank-to-bank Fiat Relationships

RippleNet solves the traditional fiat relationship between banks, also called Nostro Accounts. Nostro accounts tie up 100s of millions of dollars which could be used by banks or financial institutions for further investments, or other purposes like lending that money. Nostro accounts are very important for banks to provide liquidity in their transactions, without which these transactions could take very long. RippleNet tends to solve this problem for banks.

3rd Party Fiat Relationships

Banks often rely on a third party to open Nostro accounts and provide them the liquidity they need. Banks often use these 3rd parties to solve their medium and lesser volume transactions with ease. RippleNet supports this liquidity arrangement for banks and financial institutions.

XRP’s Speed, Scalability & Cost

Banks and financial institutions can use XRP and its tremendous speed, cost and scalability will allow banks to make cross-border payments with ease, compared to the current traditional system.

RippleNet allows financial institutions and banks to focus on speed and low cost of cross-border international payments where the end user benefits. RippleNet allows banks to unlock the full potential of cryptocurrencies.