The good news just keeps on rolling with R3.
Straight from R3:
“Inter-bank trading in Intraday markets is made possible with our trading interface. Coupling the DApp with the latest settlement API (R3 Settler/XRP), we are able to offer the high speed of payments necessary for the execution of INTRADAY trades. Our money market offering in R3 Corda is a highly secure, GDPR compliant DApp allowing Banks, Family offices, Corporations, Utilities etc. to exchange liquidity amongst each other. This DApp offers the modern alternative to voice broking and replaces our present, centralized database version which has seen a volume of over 1 Billion USD equivalent and 50 Banks are on-boarded.”
This has the potential to be massive as Instimatch Global will allow banks to make high-speed intraday trades. The last version had seen volumes of over 100 billion US dollars. This revamped system instantly opens the doors for 50 banks with the potential for more to be added down the road. As of now the only settlement option on Corda Settler is XRP. R3 is a huge addon to the XRP eco-system.