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Strategies & Market Trends : Blockchain and Cryptocurrencies -- Ignore unavailable to you. Want to Upgrade?


To: flashforward2009 who wrote (7530)10/7/2025 2:44:50 PM
From: Elroy  Read Replies (1) | Respond to of 7580
 
Morgan Stanley has recognized Ripple (XRP) as a leading alternative to SWIFT, driven by the demand for faster cross-border transactions. The XRP Ledger technology is expected to reduce processing costs by 60% and potentially free up bank capital by eliminating the need for pre-funded fiat accounts. Experts predict that a ripple-based ETF launch could increase market liquidity by $1 trillion, with Ripple's CEO forecasting a 14% capture of SWIFT's market share.

Morgan Stanley's acknowledgment of XRP reflects a broader industry shift toward evaluating blockchain technology as a disruptive force in traditional banking. Ripple's hybrid infrastructure vision positions XRP as a key player in the global finance ecosystem, offering on-demand liquidity and facilitating cross-border settlements.


XRP code is open source?

Why would banks use XRP rather than something new like....."OurXRP", which is the same as XRP but isn't pre-mined by developers and could be owned by a consortium of banks?