HarryPotterObamaPacMan8Inu (XRP)

Will @The_DTCC use XRP EXCLUSIVELY? 🤔 There’s an interesting dichotomy...great points brought up by both @ChartNerdTA and @SMQKEDQG...XRP will HAVE to be the most efficient option for institutions. 👀
▶️ https://t.co/91d3aCSHpR https://t.co/ruMZJtsEJ3

‼️XRP ALREADY HAS MULTIPLE ENTRY POINTS INTO THE SWIFT NETWORK — HERE’S A LIST OF THE THIRD-PARTY PROVIDERS MAKING IT POSSIBLE‼️

Many still ask how XRP could ever reach SWIFT’s 11,000 customers.🙇‍♂️

The answer is that Ripple chose the fastest and most efficient path: deploying XRPL technology through several SWIFT connected technology providers. These firms are ISO 20022 compliant, CBPR+ certified, and integrated with Ripple, enabling XRP usage across the SWIFT network.🔑

To understand this, it is important to note that ISO 20022 opens SWIFT’s network to new payment rails and digital asset usage. CBPR+ (Cross Border Payments and Reporting Plus) is SWIFT’s global initiative to standardize cross border payments using ISO 20022. By aligning to CBPR+, services like Ripple can participate in this framework, enabling faster and more efficient cross border settlement.💎

For the first time in history, SWIFT is moving beyond traditional messaging to API based messaging through its new Transaction Management Platform