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SWIFT & Ripple (XRP): Frenemies or Just Foes?


The XRP (Ripple) (CRYPTO: XRP) investor community is celebrating some juicy rumors these days.

Near the end of August, several crypto news sources said that the Society for Worldwide Interbank Financial Telecommunication (SWIFT) was running test transactions using XRP and Hedera (CRYPTO: HBAR) tokens.

That could be fantastic news for XRP owners. The SWIFT system handles about $190 trillion of international money transfers per year. Collecting just a tiny transaction fee for even a small portion of that massive business pie would add a ton of value to the XRP ecosystem.

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Source Fool.com

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