Payments in seconds enabled! 5 Trillion dollar market a day!

[Scout]

Exciting news guys money is flowing like information. It's finally here! It's what we have all been waiting for:

"The service enables businesses and consumers to send low-value cross-border payments anywhere in the world in seconds with full transparency and strong security. Seven global banks, which collectively handle 33 million low-value cross-border payments per year, have already gone live with SWIFT Go, a key building block in the cooperative’s strategy to enable instant and frictionless cross-border transactions."

https://financefeeds.com/ripples-xrp-now-swift-announces-cross-border-payments-seconds/

If I have one question for Ripple it would be:

Good times!

Edited July 27, 2021 by Scout

[Danny]

@Scout does it get rid of the need for nostro/vostro accounts?

[HAL1000]

43 minutes ago, Danny said:

@Scout does it get rid of the need for nostro/vostro accounts?

Nope - see my post on this and eri's YT  on it

 

[Trentsteel]

Nah, basically similar to Xcurrent 

[Scout]

Thanks for the feedback guys and maintaining composure when faced with FUD articles. It's nice there is a place online where people with a lot of knowledge & patience don't mind keeping the rest of us informed.

Edited July 27, 2021 by Scout

[Danny]

1 hour ago, HAL1000 said:

Nope - see my post on this and eri's YT  on it

 

I was aware of your post, but Scout had already started a thread on this topic. Would it be an idea to avoid posting multiple threads on the same subject? 

Edited July 27, 2021 by Danny

[Scout]

16 minutes ago, Danny said:

I was aware of your post, but Scout had already started a thread on this topic. Would it be an idea to avoid posting multiple threads on the same subject? 

It probably was my fault for not using the proper title to identify the topic and source. We may have started it around similar times and perhaps his screen didn't refresh or he had started the article not realizing my vague post was about what he was going to talk about. I'm pretty sure he didn't do this intentionally.

[HAL1000]

3 hours ago, Scout said:

It probably was my fault for not using the proper title to identify the topic and source. We may have started it around similar times and perhaps his screen didn't refresh or he had started the article not realizing my vague post was about what he was going to talk about. I'm pretty sure he didn't do this intentionally.

I post that much news that I sometimes forget to check what has already been posted, I feel like a one-man news team for this place some days, LOL. So - SORRY - I will try to do better in the future.

Edited July 28, 2021 by HAL1000

[HAL1000]