While speaking to Bloomberg in Singapore recently, Ripple’s CEO, Brad Garlinghouse, stated that Ripple is basically already outperforming SWIFT, but he would be happy if both companies can serve the same goal and be part of ‘the new world order’. Garlinghouse believes that Ripple is already capable of dealing with issues that SWIFT cannot handle – that was said about the above-mentioned case with the company working in the remittance sphere.
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As per him, Ripple is already ‘part of the new world order’ and if they can happily work together with SWIFT in the future, that is absolutely fine. Over the last 24 hours, says CoinMarketCap, XRP has added 2.38 percent to its value.