“The 60% savings is on the cost of *transferring* the $3...

“The 60% savings is on the cost of *transferring* the $3 trillion.
They will not actually reduce the amount being transferred by 60% down to $1.2 Trillion.”

I agree that is the savings, never said total transfers would drop to $1.2 trillion. Don’t know what gave you that idea. Precise value for XRP is hard to pin down, but for adequate liquidity transferring the sums involved it clearly needs to be higher than $2. Perhaps somebody more clever than myself can elaborate further, just here trying to learn no need for the shitty comments.