by Jake ClaverRippleNet, SBI Remit, and Siam Commercial Bank: stablecoins doing real settlement work
RippleNet, SBI Remit, and Siam Commercial Bank put stablecoins to work as settlement money. Every part of it traces back to a named, primary source.
The Settlement Layer
This material is about fiat-denominated value moving through the ecosystem, usually via issuance or settlement. The primary source is the Ripple SBI Remit customer case study, a research document, with supporting material from the Ripple SCB customer case study and the PYMNTS 2017 SCB/Ripple coverage.
What This Means For XRPL
What it changes for the Ripple and XRP Ledger ecosystem: stablecoin activity can improve how useful a network is for payments and treasury operations. The broader research trail also includes the World Bank Remittance Prices Worldwide, the FSB cross-border payments roadmap, and the BIS Project Nexus page.
From The Source
Receipts For The Settlement Thread
- Ripple SBI Remit customer case study
- Ripple SCB customer case study
- PYMNTS 2017 SCB/Ripple coverage
- World Bank Remittance Prices Worldwide
- FSB cross-border payments roadmap
- BIS Project Nexus page
- OECD blockchain/remittances paper PDF
- IMF U.S. FSAP technical note on FMIs, payment infrastructure, and innovative technologies PDF
- IMF fintech note on digital money and cross-border flows
