As reported by 36 Crypto, Ripple CEO Brad Garlinghouse resurfaced a video in which he claimed Ripple is 'taking over' SWIFT. Garlinghouse highlighted that Ripple has onboarded over 100 major banks and cited a case where a remittance company reduced transaction fees from $20 to $2 using Ripple's technology, resulting in an 800% increase in usage. He emphasized Ripple's advantages in speed, cost, and scalability over SWIFT, which he described as slow and expensive.
Ripple CEO Brad Garlinghouse Claims XRP Is Taking Over SWIFT
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