๐๐ฑ๐ฉ๐๐ซ๐ญ ๐๐๐ฏ๐๐๐ฅ๐ฌ ๐๐ก๐ฒ ๐๐ข๐ฉ๐ฉ๐ฅ๐ ๐๐ข๐ค๐๐ฅ๐ฒ ๐๐จ ๐๐ฎ๐ฅ๐ ๐๐ฎ๐ญ ๐๐๐๐ ๐ ๐๐ง๐ญ๐๐ ๐ซ๐๐ญ๐ข๐จ๐งโ๐ค
Industry expert Dr. Anya Sharma, Fintech Innovation Strategist at the Global Payments Institute, outlines why Ripple is likely to steer clear of direct integration with SWIFT. The core reasons lie in the stark contrast between Ripple's modern, blockchain-based infrastructure and SWIFT's legacy correspondent banking model, which is often slow and costly. Integrating with SWIFT could dilute Rippleโs efficiency advantages.
Instead, Ripple is strategically expanding RippleNet through direct partnerships with financial institutions, fintech firms, and central banks. This allows the company to maintain control over its technology, compliance, and user experience in an evolving regulatory environment.
Dr. Sharma emphasizes that Rippleโs focus is on offering a viable alternative to traditional cross-border payment systems, not conforming to them. As alternative payment networks rise, Ripple is positioning itself as a leading solution for fast, transparent, and cost-effective global payments.
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