The ongoing rivalry between Ripple and SWIFT has significant implications for the future of XRP holders, according to industry expert Austin Hilton. As Ripple's technology gains traction, the demand for XRP is anticipated to rise, highlighting its critical function within Ripple's payment ecosystem. The source reports that this competition could reshape the landscape of cross-border payments.
Hilton Highlights Ripple's Resilience Amid Challenges
Hilton points out that despite facing hurdles, including the SEC's lawsuit against Ripple, the company has shown resilience and continued to expand its global footprint. This growth suggests a robust future for XRP as it becomes increasingly integrated into financial transactions worldwide.
Ripple's Potential in the Evolving Financial Landscape
Furthermore, Hilton believes that while Ripple may not entirely supplant SWIFT, it is poised to capture a substantial share of the market. As the global financial landscape evolves towards blockchain technology, Ripple's innovative solutions are likely to play a pivotal role in shaping the future of cross-border payments.
As Ripple continues to navigate its challenges, Mog Coin is currently facing a significant market decline, attempting to retest a crucial breakout level. For more details, see the full article here.
