I'm guessing they'd probably send that another way.
The bank would either go and just write on a piece of paper who owes who or they'd transfer other assets. Quite frankly they would probably have to print money in order to get $200 billion to send.
Although as mire financial institutions adopt xrp then the price will probably have to go up.
Based on my research, you cannot print XRP. Am I wrong?
XRP cannot be printed because it is in blockchain, the circulation supply will have trouble.
Printing XRP then they need to deduct it over the contract? if not then the supply will continue to grow then!
I really dont trust or like the XRP project.
I'm not sure personally whether financial institutions use xrp or something that's based on it (ie an internal system for their own bank or some sort of stable coin that can be bought for a certain amount of currency).
I realize all crypto currencies have experienced very drastic decline during the bear market, including Ripple (XRP). However, there is something special in Ripple that it tends to be easier to rise again with significant increase after falling. This advantage can be utilized to gain profits. Do you think it is the best coin to invest right now?
It's surges are probably due to the regular demand it has from financial institutions coupled with an increase in the number of buyers of it and also the low value with a high market cap might make it pump better. There's no way to find if it's a good investment other than to try it out with a small amount if you can.