Awesome! that makes sense, thank you so much. regarding operability

Question

Awesome! that makes sense, thank you so much. regarding operability

between different RTokens, let's say i have a standard RToken in my wallet and fly to this version of Singapore that's also hooked on RTokens. Could I still pay with the RTokens I have or would I first have to change those into Singaporean RTokens? (or would that be auto-converted during the tx for simplified UX?)

#cryptocurrency #english #reserve

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11.06.2022

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Sinatra · Accepted Answer

If we imagine a future where many different RTokens gets used across the world, then the most elegant solution would be for some platform (maybe the RPay platform) to allow everyone to choose (a) what RToken they pay with and (b) what RToken they want to receive when receiving payments. For example, I currently own a Binance card and hold USDT on Binance. The merchants in Europe want Euro in their account, of course. So the following happens: 1) I pay in USDT 2) Some platform exchanges that USDT for Euro 3) The merchants receives Euro in their bank account The most elegant solution in the hypothetical world mentioned above would be for this same process to apply to RTokens, e.g.: 1) You pay in RToken X 2) Some platform exchanges RToken X for RToken Y 3) The merchants receives RToken Y in their bank account Does this make sense?

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Awesome! that makes sense, thank you so much. regarding operability

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