A recent post by crypto researcher SMQKE on platform X highlights Morgan Stanley's perspective on Ripple and its cryptocurrency XRP in the context of global payments.
Morgan Stanley's Analysis of Ripple
SMQKE shared an image from the 'Review of Banking & Financial Law' that discusses Ripple as a potential alternative to the SWIFT system. According to Morgan Stanley's analysis, Ripple has the potential to become a leading international payment system.
Advantages of Using Ripple
The document indicates that using Ripple's technology can reduce processing costs by up to 60%. This positively affects remittance recipients, as more funds remain available after fees.
Future Prospects for Ripple and XRP
Morgan Stanley's insights emphasize that Ripple can shorten settlement times and enhance transaction security. If Ripple is adopted as an alternative to SWIFT, it could significantly strengthen the position of XRP in the international payment system.
Such recognition from Morgan Stanley reinforces the potential for Ripple and XRP to become a significant force in transforming global financial systems.
