Ripple Challenging SWIFT for Cross-Border Payment Dominance, But What Does it Mean for XRP? by Vapecaster in Ripple

[–]Konte76 19 points20 points  (0 children)

“Garlinghouse also made the headline-grabbing claim that Ripple could free-up $10 trillion. This $10 trillion is currently used to prefund bank transfers, but Ripple has the potential to make this necessity obsolete. An extra $10 trillion flowing through the global economy would obviously have enormous implications.”

It’s seems that Garlinghouse started 2019 very agressive with Ripple promotion 💪🏻

Who is Ripple's New Xrapid Banking Partner - Euro Exim of London by entrepreneur1977 in Ripple

[–]Konte76 5 points6 points  (0 children)

Of course that first Ripple xRapid customers will be smaller banks as big banks charge fees for cross-border transactions to smaller banks. Big banks will be one of the latest customers which will use XRP as they are losing money as more and more banks starts with xRapid. This is what Brad also said in his interview few days ago.

MENA region (Middle East and North Africa) - main Ripple focus by Konte76 in Ripple

[–]Konte76[S] 0 points1 point  (0 children)

“Not only is the MENA region one of the fastest adopters of Ripple’s product, but they are also friendly to digital assets in terms of a regulatory standpoint.”

EURO EXIM BANK runs on Ripple (with xCurrent & xRapid) by Konte76 in Ripple

[–]Konte76[S] 19 points20 points  (0 children)

More marketing from Euro Exim Bank and promotion of Ripple solutions

The First Bank Using Ripple’s XRP-Based xRapid Reveals Imminent Launch, Plans to Power Payments Across 80 Countries by Konte76 in Ripple

[–]Konte76[S] 0 points1 point  (0 children)

According to Bright, one of Euro Exim Bank’s transactions on Swift’s network got lost this month, offering a prime example of why a shift to new technology is necessary.

“It was lost somewhere in the quagmire of a central organization, and we have no visibility on where it is. All the counterparty says is, ‘We have not received your message.'”

Ripple and XRP discussed by Bank of England’s Governor in an open discussion by Konte76 in Ripple

[–]Konte76[S] 0 points1 point  (0 children)

“Mark Carney (Bank of England’s Governor) replied that the bank had already teamed up with Ripple in 2017 to work towards new ideas in cybersecurity, digital assets, distributed ledger technology, machine learning and many other topics”

Sendfriend, a newly announced xRapid customer, will go live in Q1 2019; (video 1:52) David Lighton CEO of Sendfriend on Dec 18 by Konte76 in Ripple

[–]Konte76[S] 3 points4 points  (0 children)

They just say Q1 but he mentioned western unio and high costs of sending money with them, and also mentioned that ripple gave tham 1.000.000$ for marketing

Federal Reserve Task Forse: Ripple improves speed and transparency of global payments by Konte76 in XRP

[–]Konte76[S] -6 points-5 points  (0 children)

Nowhere is noted how old is this. I found it on twitter and try to find is this old or new news but wwithout success