📢 Ripple CEO Reveals: "Demand for $XRP in Real Estate is Growing"
Ripple CEO Brad Garlinghouse recently revealed that the demand for $XRP in the real estate sector is continuously increasing, not only as a payment solution but also in trade finance and insurance.
The real estate market has historically been plagued by lengthy processes, high transaction costs, and a lack of transparency. Ripple recognizes the potential of $XRP to change the way transactions are conducted and is actively promoting the adoption of this asset.
Ripple Payments (formerly known as RippleNet) utilizes advanced blockchain technology to provide efficient fund transfers for banks and financial institutions worldwide, streamlining global payments and property management, particularly improving efficiency in international transactions.
The On-Demand Liquidity (ODL) feature which this coin provides is particularly beneficial for real estate transactions, offering instant settlements, enhanced reliability, and reduced transaction costs, all of which are key elements in real estate transactions involving multiple currencies.
Currently, Ripple Payments supports over 55 countries and connects more than 120 fiat currencies, simplifying the international transaction management for real estate professionals.