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Ripple (XRP) Targets SWIFT’s $155 Trillion Market as Banks Invest $100 Billion in Crypto Integration
In a shocking turn of events, financial institutions have poured over $100 billion into blockchain infrastructure between 2020 and 2024. This monumental investment highlights the increasing importance of digital assets within the global financial ecosystem.
The staggering figure demonstrates that banks are no longer merely dabbling in cryptocurrency but have instead made a concerted effort to integrate blockchain technology into their operations. Furthermore, this development has Ripple (XRP) positioned to potentially disrupt SWIFT’s $155 trillion market.
As the world becomes increasingly interconnected, institutions like HSBC and SBI Holdings are leading the charge in incorporating blockchain-based solutions into their financial portfolios. According to Ripple-backed data, 345 banks have successfully integrated blockchain technology into their operations since 2020.
Source: timestabloid.com
