Ripple’s XRP Is Quietly Powering The New Global Settlement Layer — Here’s How
The Ripple XRP is quietly executing a mission of its own, transforming the global financial plumbing from the inside out. By moving beyond theory and into practical application, XRP technology is being adopted by banks, payment networks, and central institutions seeking faster and more efficient cross-border transfers. XRP As The Bridge Between Old And New Finance While most of the crypto world obsesses over price swings and short-term narratives, Ripple is quietly executing on something much larger: a structural rewrite of global finance. As Xfinancebul pointed out on X, XRP isn’t here to....
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Bank of America, Santander and the Royal Bank of Canada have today announced they’ve joined forces to create a global blockchain payments network using Ripple’s distributed ledger technology. UniCredit, Standard Charted and the Westpac Banking Corporation have also joined the effort, which seeks to form the foundation of a global network that performs a similar service as SWIFT inter-bank messaging but with near-instant settlement times. Canadian bank CIBC is also participating. Fundamental to the Global Payments Steering Group’s early mission is the creation and maintenance of a payments....