Ripple concludes SEC legal battle: Is it time to compete with SWIFT?

Ripple has closed its legal disputes with the SEC, enhancing clarity for its currency, XRP. This resolution enables Ripple to focus on challenging SWIFT in the global money transfer market.

With SWIFT criticized for inefficiencies, Ripple seeks to modernize financial transfers through its blockchain solutions, although it faces hurdles in convincing banks to adopt its technology.

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