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You are here: Home / News / Altcoin News / Ripple CEO: The focus on cross-border payments is the best move
Ripple

Ripple CEO: The focus on cross-border payments is the best move

October 8, 2019 by Naveed Iqbal

The “Brad Garlinghouse Breakfast” eventually happened. For crypto enthusiasts, especially Ripple holders, it’s a week that you must be prepared to see a lot of Garlinghouse.

Today, Ripple CEO Brad had the opportunity to speak at the high-level economic club of New York. The message was dominated as you might have guessed about Ripple and its token XRP. The most crucial highlight of his interview was that the ‘banks don’t like Swift.’

The Sky is the Limit

The forum is arguably the very high level of all, and the organization has already hosted multiple US presidents as well as leaders from the global Fortune 500 companies. It’s the kind of stage that Brad needed and didn’t waste any second to explain how Ripple is making giant strides to become the best.

Over the past, the Ripple CEO has been consistently stating that it’s never a case of if Ripple will overtake Swift but instead when. Today, he went a step further to highlight how Ripple is making the cross border transactions seamless and added that Banks now don’t like Swift.

https://twitter.com/XRP_XPRT/status/1181556594678603776

Brad Garlinghouse’s statement can be backed by the fact that several banks in the recent past have shown interest in Ripple. Currently, Ripple has over 200 banks under its belt and still going strong.

Banks want to improve the cross-border payments, and it seems like Swift is not offering the speed that the modern world deserves. Therefore, with Ripple up to speed, it’s easy to understand why Garlinghouse is so much positive that Swift is no longer an option.

According to him, the focus on cross-border payments is the best move for the company.

Brad on:
Off the chain
Balancing the Ledger
The Economic Club of New York
Fox Business
The Information’s Fifth Subscriber Summit
DC Fintech Week 2019

At this rate I'm going to be seeing more of Brad than I see my wife…#XRPcommunity

— Leonidas (@LeoHadjiloizou) October 8, 2019

More will come from Garlinghouse this week as Garlinghouse is later scheduled for a Fox Business Interview. Then later tomorrow, a full release from Anthony Pompliano will be out of an entire 90-minute interview with Ripple CEO.

The stage was big today for Brad to tell it all, after all, how could he not? Nevertheless, Ripple and its digital asset XRP are ticking all boxes, and only time will tell what the future holds.

Disclaimer: The presented information is subjected to market conditions and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Filed Under: Altcoin News Tagged With: Banks, Brad Garlinghouse, Cross-border Payments, Ripple (XRP)

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