Global Currency Battle - Ripple confronts SWIFT over financial dominance in the world
In a significant development, the digital payment company Ripple has announced its aim to target the global payment system, following the resolution of its legal battle with the U.S. Securities and Exchange Commission (SEC).
The legal dispute, which has been ongoing for some time, has now come to an end, providing Ripple with new opportunities. The company, which is known for its cryptocurrency XRP, now has legal clarity that could pave the way for its future growth.
Ripple's founder and CEO, Brad Garlinghouse, has been focusing his attention on the global payment system platform SWIFT, a potential target for disruption by Ripple. Garlinghouse believes that Ripple's technology could revolutionise the global payment system, making it faster, cheaper, and more efficient.
DER AKTIONÄR, a subscription-based service, is offering secure access to those interested in following Ripple's progress. Existing subscribers can log in, while new subscribers can sign up for a monthly fee of 9.95 €. The service provides up-to-date information on Ripple's activities and developments in the global payment system.
While the focus has shifted from the legal battle to the global payment system, Ripple is still setting its sights on challenging SWIFT. The company is seeking to disrupt the traditional payment system and offer a more modern, efficient solution for businesses and individuals worldwide.
As Ripple moves forward, it will be interesting to see how it impacts the global payment system and the future of digital payments. With legal clarity and a clear focus on innovation, Ripple is well-positioned to make a significant impact in the industry.
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