Ripple CEO: Ripple “Taking Over” SWIFT, Integration “Strictly Rumours”

[kreslik.news]

Ripple CEO Brad Garlinghouse fired some shots at SWIFT and at Bitcoin in a recent Bloomberg interview. He also confirmed that whispers of integration with the former are “strictly rumours”.

Competitors after all

XRP, the token used by RippleNet products, has been shooting up in value of late, partly because of an idea that a technical upgrade that SWIFT is due to undertake on the 18th of September will make the two payment systems compatible for some banks.

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Judging by Garlinghouse’s words, Ripple still sees SWIFT very much as a competitor. Finance Magnatesread more)