An influential XRP researcher has dismissed concerns that SWIFT's new blockchain ledger poses a threat to XRP. The researcher highlighted that XRP's value proposition extends beyond competing with banks, focusing on liquidity solutions and remittance channels.
SWIFT, the global payment network, recently announced a blockchain-based shared ledger developed with ConsenSys, supported by over 30 major banks, including JPMorgan and Santander. The project aims to facilitate real-time transactions across fiat and digital assets. XRP supporters maintain that Ripple's vision encompasses broader ecosystem use cases beyond direct competition with SWIFT.
XRP Researcher Dismisses SWIFT Blockchain as Competitive Threat
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