Ripple CEO Brad Garlinghouse has reiterated his stance that Ripple's XRP is surpassing SWIFT in the financial sector. In a resurfaced video, Garlinghouse highlighted Ripple's success in onboarding over 100 major banks. He pointed to a remittance company that slashed transaction fees from $20 to $2 using Ripple's technology, leading to an 800% increase in usage. Garlinghouse emphasized Ripple's superior speed, cost-effectiveness, and scalability compared to SWIFT, which he criticized as slow and costly.
Ripple CEO Asserts XRP's Edge Over SWIFT in Banking Sector
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