Teucrium CEO Explains How XRP Might Dethrone SWIFT
Ripple's Potential in Global Finance: Teucrium CEO Sal Gilbertie believes Ripple and its token XRP could surpass SWIFT in international payments, especially if Ripple secures a banking charter and leverages its substantial XRP holdings.
Concerns Over SWIFT's Stability: Gilbertie expressed worries about the long-term viability of the SWIFT network, suggesting it may face significant disruptions, while highlighting Ripple's technological advantages for cross-border transactions.
Blockchain Efficiency Benefits: He noted that Ripple's blockchain technology could enhance liquidity and streamline payment processes, potentially reducing costs and improving transparency in international banking.
XRP Market Performance: Despite recent volatility, XRP has shown strong year-on-year growth. Gilbertie anticipates regulatory advancements, such as potential approval for XRP ETFs, which could further influence market dynamics.
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