Ripple Patent for Bridging with $XRP or with Various Stablecoins like $RLUSD $USDT $USDC etc... (ODL)
"Network Computing System Implementing On-Demand Liquidity To Facilitate Direct Cross-Medium Transactions"
đ§ Secret Sauce = "Client Pool". Solving price swings during a swap. đThe system addresses price swings in the digital asset to ensure the agreed-upon exchange rate is honored. When you trade money, like dollars for euros, using their app, it uses a digital coin to make the swap instant. Sometimes, the value of that digital coin can wiggle a bit during the trade, which might mean you get slightly more or less than expected.
To fix this, Rippleâs system keeps a stash of digital coins, called a âclient poolâ or âslippage balance,â at the exchange where the trade happens. If the digital coinâs value changes and the amount you get doesnât match the promised rate, the system automatically pulls from or adds to this stash to make up the difference. For example, if youâre supposed to get 100 euros but the digital coinâs value drops, the system adds extra coins from the pool to ensure you still get your 100 euros. This keeps the trade fair and sticks to the guaranteed rate, so you donât lose out due to price swings.
đSee: US2021192501A1

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