@sys do you ever send money cross border or know anyone who does so regularly? XRP is/was supposed to be able to instantly settle those type of transactions much more cost efficiently than what exists today. I’ve never done it so not sure how much is left to be desired by current cross border payment solutions.
yeah, i use xe. it's not very fast, but at least when i looked into it they had some of the best exchange rates, which was of more interest to me.
i haven't compared since i started using them, so i don't know if they still have the best rates. i don't think it's really a matter of efficiency, just competition between those who offer the service determining how much money they can keep for themselves.
