RIPPLE for thought 💭
Global Settlement
The global foreign exchange market does $5.7 trillion per day and that’s the market Ripple is after. Ripple Consensus Ledger can handle 1,000 transactions per second and XRP Payment Channels allow transaction throughput to increase to tens of thousands of transactions per second, bringing scalability to the same level as Visa.
XRP is not the core utility of Ripple. External currencies are the focus of the protocol. Ripple is a global settlement network.