Ripple aims to conquer 14 % of the global Swift payment volume: progress in the integration of XRP Ledger into traditional financial systems

Ripple aims to conquer 14 % of the global Swift payment volume: progress in the integration of XRP Ledger into traditional financial systems

Ripple and the integration of XRP Ledger: Ambitions in the traditional financial sector

ripple has set itself the goal of promoting the integration of the XRP Ledger (XRPL) into traditional financial systems. The company's ambitious vision is to conquer 14 % of the global Swift payment volume. This advance could have the potential to change the way in which international money transfers are processed.

The XRP Ledger offers a quick, inexpensive and transparent way to make cross -border payments. Compared to conventional bank transfers, which often take several days and cause high fees, XRPL enables almost immediate transactions with minimal costs. This makes the technology particularly attractive for financial institutions who want to act in an increasingly digitized and globalized market.

The integration of XRPL into existing systems could not only increase efficiency, but also enable new business models in finance. Ripple is working on building partnerships with banks and financial service providers to promote the acceptance of the technology and to ensure a seamless transition.

In today's fast -moving financial world, the ability to offer payments in real time and at competitive prices is crucial. With the focus on the Swift market, Ripple could play an important role and potentially revolutionize the existing payment infrastructures.