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Tag: SWIFT

August 23, 2019

Ripple Outperforms SWIFT And Provides The Cheapest Global Remittance Solution

Ripple has been in competition with SWIFT for a really long time. The San Francisco-based company has been trying to overcome the flaws of the traditional payments system. Ripple offers institutions the cheapest way to move money Now, a new report from DBS Bank, which is the largest bank in Southeast Asia says that Ripple … Continue reading “Ripple Outperforms SWIFT And Provides The Cheapest Global Remittance Solution”

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August 2, 2019

Fiat Vs. Ripple: Fiat Remittances Are More Volatile Compared To Moving Money With XRP

XRP’s efficiency regaring the cross-border transactions has been debated and tested for a really long time now. There’s also been made a comparison between SWIFT and XRP regarding the efficiency of moving money across borders. Smartereum recently debated whether Ripple is able to defeat SWIFT in the battle for the best system for cross-border payments. … Continue reading “Fiat Vs. Ripple: Fiat Remittances Are More Volatile Compared To Moving Money With XRP”

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July 31, 2019

Ripple Vs. SWIFT: Can Ripple Win The Battle For Cross-Border Payments?

Ripple has been known to be a direct competitor to SWIFT for quite a while now. The San Francisco-based company has been making robust efforts to offer people fast, cheap, and secure cross-border transactions, and some entities have already ditched SWIFT in the favor of Ripple’s solutions. You may recall the Euro Exim Bank is … Continue reading “Ripple Vs. SWIFT: Can Ripple Win The Battle For Cross-Border Payments?”

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June 14, 2019

Ripple Is Part Of The New World Order – Its Tech Boosted A Company’s Rise In Usage By 800%

Ripple seems to be bagging one success after another. The company has been witnessing a lot of achievements this year with more adoption of its products and enhanced recognition. Also, Ripple has been boosting its digital asset XRP. This was supported by Wietse Wind’s XRPL Labs a lot as well, in order to trigger the … Continue reading “Ripple Is Part Of The New World Order – Its Tech Boosted A Company’s Rise In Usage By 800%”

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June 5, 2019

Teaming Up With Ripple Would Cost Banks Less Than Creating Their Own Coins

Speaking of banks and crypto, we revealed just the other day that big banks have something pretty interesting in the works. Big banks are preparing to launch “XRP killer” – USC Big banks are launching a platform that’s designed to use blockchain-based currencies that are 100% backed by central banks. USC is the Utility Settlement Coin, and … Continue reading “Teaming Up With Ripple Would Cost Banks Less Than Creating Their Own Coins”

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April 2, 2019

Ripple Teams Up With IOTA, Cardano, SWIFT And More To Boost Blockchain And Drive Crypto Adoption

Ripple makes another significant move and becomes a founder of the International Association for Trusted Blockchain Applications (INATBA). INATBA offers a forum for organizations with interests in digital ledger technology to interact with policymakers and regulators. This huge initiative combines big players and influential names with rivals and competitors, and they’re all under the same … Continue reading “Ripple Teams Up With IOTA, Cardano, SWIFT And More To Boost Blockchain And Drive Crypto Adoption”

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March 23, 2019

Western Union Will Use Stellar (XLM) To Allow Transfer Of Funds To Mobile Wallets

Not too long ago, we were reporting that Western Union continues to test Ripple’s solutions for a potential partnership. During the World Economic Forum in Davos, Western Union’s CEO Hikmet Ersek provided the latest update regarding a partnership with Ripple. According to him, the company is not done yet exploring whether Ripple’s solutions can enhance the … Continue reading “Western Union Will Use Stellar (XLM) To Allow Transfer Of Funds To Mobile Wallets”

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March 20, 2019

Stellar (XLM) Surges After Becoming A Direct Rival To SWIFT 

Stellar’s native coin XLM has recently surged by 11% in a few hours following IBM’s move of signing up to 6 banks to use the digital asset for cross-border remittance payments. Following the great news of IBM’s banking partnerships to use XLM and issue stablecoins, the XLM crypto saw a surge a couple of days … Continue reading “Stellar (XLM) Surges After Becoming A Direct Rival To SWIFT “

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March 19, 2019

Stellar Challenges The Traditional Payments System SWIFT

Stellar was recently in the spotlight after XLM got listed on Coinbase Pro. IBM’s Stellar-powered global remittance platform boasts six banks on board. The tech giant has just received that World Wire will be powering payments and foreign exchange service across 72 countries. “World Wire provides a more straight-through model for cross border payments using … Continue reading “Stellar Challenges The Traditional Payments System SWIFT”

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March 13, 2019

SWIFT Is Open To Using DLT – Will It Use Ripple & XRP? Global Payments Network Finally Comes Clean

The issue involving Ripple and SWIFT is present in the crypto space for quite a while. There have been a lot of rumors during 2018, claiming that the two entities will end up working together, but Ripple has denied this all the time, saying that they are rivals. It seems that SWIFT, the traditional payments … Continue reading “SWIFT Is Open To Using DLT – Will It Use Ripple & XRP? Global Payments Network Finally Comes Clean”

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