🚨 Breaking News: SWIFT Network Tests XRP and HBAR Technologies for Global Transfers! 🌍💸
🔹 What is SWIFT?
The largest global financial network managing over $150 trillion annually in interbank transfers.
🔹 What's new?
SWIFT has announced the start of official tests on the networks of:
XRP Ledger 🪙
Hedera Hashgraph (HBAR) ⚡
to integrate blockchain technology with the traditional banking system using the ISO 20022 standard (the new global language for payments).
🔹 Why is this news important?
✅ If even a small percentage of SWIFT's financial flows move to the XRP or HBAR networks, it could lead to a huge increase in demand for these two currencies.
✅ This step represents an official recognition of the future of blockchain in international payment systems.
🔹 Features of each network:
XRP:
⚡ Semi-instant settlement
📊 1500 transactions per second
🌱 Very low energy consumption
🏦 Supported by several banking institutions
HBAR:
⚡ Over 10,000 transactions per second
🌱 Extremely low energy consumption
🏛️ Strong institutional governance
🔒 High security through Hashgraph technology
🔹 Current price status:
XRP = $2.88 ⬇️ (down 0.67%)
HBAR = $0.2338 ⬇️ (down 1.14%)
📌 Summary:
SWIFT's step shows that the traditional financial system is gradually opening doors to digital technologies.
This may just be the beginning of a shift of part of the massive financial flows to networks like XRP and HBAR 🚀
