DeFi· ★★★· bearish·

Swift Launches Its Own Blockchain: Can XRP Still Replace It?

  • —Swift has launched its own blockchain platform for settlements
  • —The move casts doubt on the case for XRP replacing Swift
  • —No details or timelines were disclosed in the report
Why it matters: If Swift meets banks' needs with its own chain, the argument that XRP will displace Swift in cross-border payments weakens.
Source: Google News (crypto query)