XRP and XLM Set Sights on Institutional Cross-Border Payments

Crypto researcher SMQKE has highlighted what he believes is the most significant opportunity for XRP and XLM. Rather than focusing on consumer remittances, SMQKE points to the much larger market of institutional cross-border payments.

This type of payment involves banks and financial institutions moving large sums of money across different countries every day. SMQKE tweeted that 'XRP and XLM will target the BIG money,' adding that 'The BIG MONEY is in cross-border payments, > that's why we have Ripple and Stellar.'

To support his claim, SMQKE attached a video explaining why Ripple and Stellar were designed to address large-scale business payment needs instead of replacing traditional money transfer companies that serve retail customers.