XRP Ninja

An article about ILP posted on American Express's website. It could mean nothing. But I won't be surprised if AE turned out to be using ILP for real since there's already rumor about it. https://www.americanexpress.com/us/content/foreign-exchange/articles/international-payments-hyperledger-interledger/ everis (NTT Data) confirm their adoption of ILP as the Hyperledger Quilt Project http://insights.everis.co.uk/post/102eihg/everis-ntt-data-confirm-their-adoption-of-ilp-as-the-hyperledger-quilt-project These news prove that Ripple's collaboration with Hyperledger to produce the Java implementation of ILP (Hyperledger Quilt Project) is a very brilliant move. So what does that mean for XRP? If you are a long time XRP hodler, you probably have already known this. But if you don't: The more ledgers ILP connects, the more payment volume XRP will be able to bridge. See also  this .

The MM ( ILP connector ) will hold XRP. The MM will buy any fiat currency with XRP if they need to pay in that currency, and it will sell any fiat currency for XRP if that currency is not immediately needed. One argument against this is MM can hold USD. I disagree. Because: USD is inflationary, XRP is deflationary XRP has some features which make it a better bridging currency on ILP: Autobridging  https://ripple.com/dev-blog/introducing-offer-autobridging/ Escrow  https://ripple.com/build/amendments/#escrow XRP reduces cost, see this graph