RIPPLE LABS Senior Management have been sitting down with the SEC, during events.
Showing something is about to happen.
RIPPLE will merge or (believe it or not) acquire SWIFT.
Swift is used by over 15,000 Banks, handling $5 trillion USD per year.
Swift will benefit from RIPPLE's interledger technology. Allowing banks to use their service in a more seemless and cost effective way.
This will allow RIPPLE to leverage every single bank working with SWIFT. Without the need for RIPPLE to hunt each bank down individually. Explain the concept of xRapid/ILP & Sort out legality and paperwork.
Equity demand is on the rise. as-well as firms trading the XRP token the past weeks for the Swell conference.
This Merge/Aquisition would put the entire banking industry at ease.