Ripple: A New Era in Global Payments? How Banks Could Soon Connect as Easily as to SWIFT

Crypto researcher SMQKE (@SMQKEDQG) has highlighted Ripple’s potential to replace traditional interbank systems like SWIFT. He argues that banks can easily connect their core systems to the Ripple network using its Interledger Protocol (ILP), mirroring how they currently interact with SWIFT. This is possible because ILP allows banks to integrate without requiring them to adopt blockchain infrastructure, while still facilitating efficient cross-border payments through XRP.