
Is SWIFT the Dinosaur of Global Finance? Why XRP Could Be the Meteorite
XRP enthusiasts envisage replacing SWIFT, viewing it as outdated and inefficient compared to XRP’s fast, low-cost cross-border transactions. XRP offers transaction settlements in 3 to 5 seconds versus SWIFT’s five-day process and minimal fees of $0.0002 compared to SWIFT’s $50 charges. SWIFT’s