Otto Voss
76 posts

Otto Voss
@OttoVoss
Christian, husband, IT professional, tech enthusiast
Mexico Katılım Nisan 2021
98 Takip Edilen9 Takipçiler

¿Se te hizo tarde y no alcanzaste a pagar tu refrendo en una delegación o en el banco? ¡No te preocupes!😊 Hazlo desde casa, sin filas y a la hora que quieras en nuestro sitio web oficial, icvnl.gob.mx/EstadodeCuenta.
En muy fácil, rápido, seguro y se refleja tu pago al instante.

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@ayd_monterrey fuga de Agua en parque vista hermosa, entre Enrique C Livas y 4a Avenida, Colonia vista hermosa


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Why is #Ripple's acquisition of Hidden Road important, especially for #XRP?
Why does Ripple want this?any XRP and #XRPL advocates have been waiting for. Ripple is no longer just building around traditional financial infrastructure, they bought it! Among other things, Hidden Road connects the XRPL to actual plumbing of global markets. That means Ripple now has a direct path to put real institutional volume on the ledger, potentially for the first time at scale. This could be the beginning of XRPL becoming a true settlement layer in global finance. No, it probably won't affect XRP price in the short term :)
What does a prime broker like Hidden Road do?
In traditional finance, hedge funds and trading firms don’t want to deal with every individual exchange, settle every trade themselves, or hold collateral all over the place. They use a prime broker as a central counterparty that gives them access to markets, handles clearing and settlement, offers leverage, and lets them borrow and lend across venues with unified credit and risk management.
Why does RIpple want this?
Ripple wants this because it gives them the architecture they need to deliver finance using blockchain rails underneath. Hidden Road already supports 300+ institutions & clears $3+ trillion in annual volume. It plugs into exchanges like Coinbase International, OKX, Deribit, Bitfinex, and Bullish. Its credit and clearing platform lets clients trade across these exchanges with one credit line and a single settlement partner. For Ripple, this opens the door to get its RLUSD stablecoin and XRP into actual institutional flows across multiple trading venues. It also means Ripple can now directly service firms it already works with, like B2C2, which is a client of both RippleNet and Hidden Road. (They did participate in HR's series B and have history)
And here is the important part
More importantly, Brad is quoted as saying they will use the XRPL for part of Hidden Road’s post-trade settlement. It's a realization of the promise of the ledger to remove wait, waiting hours or days to settle across traditional banking systems, some trades could clear instantly on XRPL. If Ripple can prove that #XRPL works as a high volume, low cost settlement system for real trades and real institutions, it sets a new benchmark for blockchain utility. This has the potential to dramatically increase the transactional volume on the ledger and make XRP part of institutional trading and clearing flows.
Note that the use of credit is key.
Institutional finance runs on leverage and netting, not fully-funded accounts. Hidden Road gives Ripple the ability to provide capital efficient trading backed by its own balance sheet, especially RLUSD. It can now be used as collateral across Hidden Road’s platform, immediately increasing its utility and circulation. Instead of just being used for payments, RLUSD can now function as a funding asset, a margin asset, and potentially a settlement layer across crypto and traditional markets.
Put simply, this deal gives Ripple a potential place in the traditional finance world. They have a robust stack or plumbing:
A regulated trading network.
A stablecoin with real utility.
A ledger with institutional-grade settlement speed.
A way to scale volume onto XRPL.
And a new kind of customer, FI's & funds that need clearing and credit. If Ripple can connect all of that together, the #XRPL becomes its end goal of infrastructure.
Maybe they will run a validator!

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@Telefonia_MX Aguas... Yo tengo una qué hace 5 años me dijeron que tenia anualidad de por vida si tenia nomina con ellos, y cada año me la cargan... Tengo que yo hablar para que me la quiten. Esperan qué no te des cuenta.
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@stats_feed And 50% of the economy is informal, so hard to measure. I'm sure that hidden economy accounts for a trillion more.
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Me encanta cuando pillan mis chistes ;)
Unai Mendizabal@unaimendel
@Sr_Fonseca EPICO 😂😂😂😂 no me lo esperaba para nada 😂😂😂😂
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@JackDavid66 @mixbits @openbank_mx Me pasó lo mismo. Lo volví a intentar ahora yo capturando los datos y ahora me cancelaron mi registro. Creo que o excedieron sus cálculos o también no quieren a los clientes de Santander.
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@mixbits @openbank_mx En mi caso fue llamarada de petate. Tras digitar mi CURP, en el proceso de registro, me quedo en un bucle que dice ¡Ay no! Algo salió mal. De ahí no he logrado pasar, a pesar de ahber llamado a soprte dos veces. Gracias.
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