Any future partnerships?

[tony71]

With SWIFT or IMF?

[stuartXRP]

1 hour ago, tony71 said:

With SWIFT or IMF?

Swift does not cover settlement, XRP has been positioned as a fast/cheap settlement. 

 

[tony71]

48 minutes ago, stuartXRP said:

Swift does not cover settlement, XRP has been positioned as a fast/cheap settlement. 

 

That is why SWIFT needs Ripple and they WILL use XRP to settle.

[stuartXRP]

21 minutes ago, tony71 said:

That is why SWIFT needs Ripple and they WILL use XRP to settle.

I agree, SWIFT will have no use case unless they adapt they will become extinct. All they have to offer in my view is the 11,000+ Institutions connected. The Institutions connected to SWIFT have already started to get eaten away by Ripple/R3, its only a matter of time. Will they admit defeat and partner, or continue dragging out time when there are lots of areas SWIFT could partner with Ripple.

“We want to create a payment network like SWIFT. But one where the settlement, the actual movement of money, the actual plumbing underneath the surface, would be a decentralized, open network,” Schwartz says. “The endgame is just money moving invisibly, as easily as information.”