Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Michael Saylor Predicts Bitcoin to Reach $13M by 2045

    Bluebird Mines Gold Revenue for Bitcoin Treasury

    MicroStrategy Upsizes IPO to $1B for Bitcoin Purchase

    Trump Media Plans $12 Billion Bitcoin Investment

    Trump Media Raises $12 Billion for Bitcoin Acquisition

    Strategy Increases Stock Offering to Acquire Bitcoin

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    ETH/BTC Ratio Tests Key 2021 Bull Market Support

    Solana Faces $50M Long Squeeze Amid Rally Speculation

    Solana Long Squeeze Sparks Potential Rally to $300

    Coinbase to Delist Four Crypto Assets in June

    Elon Musk’s X Partners with Polymarket for Prediction Platform

    Bittensor Achieves Record 118 Active Subnets in Decentralized AI

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Ripple (XRP) Rubbishes Rumors on SWIFT-Ripple Partnership

Solomon M. by Solomon M.
October 22, 2018
in Altcoin News, Ripple

Early this month, Ripple confirmed that they will attend the SIBOs, a SWIFT-sponsored trade show where exhibitors will be able to showcase their financial products. As a result, many speculated that Ripple could enter into a partnership with SWIFT.

However, the rumors seem to have disappeared after the first day of the conference. Though Ripple’s Global Head of Strategic Accounts, Marcus Treacher, didn’t directly deny the rumor, he mentioned in a tweet that “the benefits of DLT are promising, but delivering it is still years away.”

In another statement, he said that “there are over 100 financial institutions with access to instant payments across 40 countries and 6 continents who would say otherwise.”

This refers to Ripple’s network, better known as RippleNet, which has connected more than 100 banks. In his opinion, Ripple’s attitude toward SWIFT makes it clear that both products are in competition with each other and that any cooperation may not be possible.

Ripple intends to replace SWIFT

Ripple’s CEO Brad Garlinghouse has always stressed that Ripple seeks to replace the traditional global payment system. This did not, however, discourage Twitter users and the Ripple (XRP) community from speculating a partnership between the two companies.  In another tweet, Treacher also said:

“New McKinsey Global Payments Map suggests leading banks are moving away from POCs and using blockchain at scale. @Ripple’s #blockchain allows for faster time to market and better global payment services.”

While Ripple cannot and doesn’t want to partner with SWIFT, the blockchain startup might at least win a few customers at the event.

The use of XRP

Meanwhile, three companies have announced their support for XRP. The Canada-based crypto exchange Bitvo has listed XRP, which is directly paired with Canadian Dollar.

In addition, XRP is now live on the Cobinhood, a rather popular crypto service platform known to charge zero transaction fees. Nexo also announced that it is the “first and only crypto-lender” to use XRP as collateral.

Image source.

 

 

Tags: CobinhoodNexoRippleRippleNetSibo'sSWIFTXRP
Previous Post

Blockchain and Cryptocurrency: What’s the Difference?

Next Post

Stellar Lumen Blockchain Receives A New Impulse, While Tensortask Prepares to Create an AI Market on it

Solomon M.

Solomon M.

Related Posts

ETH/BTC Ratio Tests Key 2021 Bull Market Support

by Solomon M.
June 6, 2025

Ethereum's ETH/BTC ratio tests 2021 support, with no leadership commentary and sluggish network activity.

Solana Faces $50M Long Squeeze Amid Rally Speculation

by Solomon M.
June 6, 2025

Solana experiences $50M long squeeze as analysts predict potential rally to $300.

Solana Long Squeeze Sparks Potential Rally to $300

by Solomon M.
June 6, 2025

Solana might reach $300 following a $50M long squeeze, sparking widespread trader interest.

Coinbase to Delist Four Crypto Assets in June

by Joshua T.
June 6, 2025

Coinbase delists Render, Ribbon Finance, Helium Mobile, and Synapse, affecting trading liquidity.

Elon Musk’s X Partners with Polymarket for Prediction Platform

by Solomon M.
June 6, 2025

Elon Musk’s X announces partnership with Polymarket, enhancing prediction market integration on the platform.

Bittensor Achieves Record 118 Active Subnets in Decentralized AI

by Solomon M.
June 6, 2025

Bittensor reaches a milestone with 118 active subnets, boosting decentralized AI infrastructure and attracting major institutional backing.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.