Ripple Vs. SWIFT Battle Heating Up As Exec Lands Major Blow To XRP
Ripple and SWIFT’s battle for dominance is heating up, with an executive at the latter taking a dig at XRP, the bridge currency for the crypto firm’s payment service. The executive also explained why businesses are unlikely to trust Ripple despite the conclusion of the SEC lawsuit. SWIFT Executive Makes Criticism Against Ripple and XRP […]
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New updates have been made to Ripple’s XRP Ledger (XRPL) as the network looks to dominate and gain more traction. This is also a positive for XRP, which serves as the network’s bridge currency. Ripple’s XRP Ledger Gets A New Update In an X post, XRP validator Vet revealed that the credentials amendment on the XRP Ledger is now active. He explained that credentials can be applied to attest to compliance requirements, such as KYC and AML, for a user or institution and issued to their decentralized identity. This helps to further build trust in the network. Related Reading: Ripple Vs.....
Ripple has made yet another move in its long-running campaign to reshape global payments, this time acquiring Palisade, a digital asset custody infrastructure company. The deal marks the company’s fourth acquisition in recent months and is a clear escalation in what many describe as the company’s competition with SWIFT, the dominant global payments messaging network. […]
The decades-long rivalry between Ripple and SWIFT took a new turn this week after a bold comment from SWIFT’s Chief Innovation Officer, Tom Zschach, drew sharp reactions from the Ripple and XRP community. Zschach argued that calling a private token a “bridge currency” was like calling a fax machine ”the internet.” The remark set off […]
Ripple từ lâu đã bày tỏ tham vọng thách thức và cuối cùng thay thế SWIFT như nền tảng cốt lõi của các khoản thanh toán xuyên biên giới toàn cầu. CEO Brad Garlinghouse của Ripple đã công khai chỉ trích sự kém hiệu quả của SWIFT và nhấn mạnh rằng công ty đặt mục […]
Crypto pundit Chad has drawn a connection between Ripple and XRP with SWIFT. This comes as Ripple continues to expand its payment services and other operations, further integrating XRP and RLUSD into traditional finance (TradFi). Pundit Draws Attention To The Connection Between Ripple And XRP In an X post, Chad noted that Ripple Treasury and XRP are now connected directly to SWIFT. This came as he highlighted Ripple’s listing of SWIFT as one of its connectivity partners for payments. The treasury management firm stated that it is part of the SWIFT Certified Partner Program. Related....