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Ripple Ends 5-Year Fight with SEC and Plans Competition with SWIFT

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by Giorgi Kostiuk

an hour ago

Ripple has officially ended its lengthy legal battle with the SEC, opening new opportunities for the company in the transactions market.

End of the Legal Dispute

After five years of fighting the SEC, Ripple reached a $125 million settlement, closing the legal case. The company can now focus on the development of its services in the transactional market.

Ripple's Strategy in Global Banking

Ripple is actively working on obtaining a banking license in the U.S. to integrate its services into regulated financial channels. Since 2020, banks worldwide have invested over $100 billion in blockchain infrastructure.

Ripple's Potential in the SWIFT Market

SWIFT processes $155 trillion in cross-border payments annually, yet Ripple can provide a faster and more transparent solution. Leveraging its advantages, Ripple aims to capture a share of this market.

With the legal disputes resolved, Ripple is ready to actively compete in the transaction market, offering an alternative to outdated systems like SWIFT.

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