JP Morgan Sees Ripple as Key Disrupter in Global Cross-Border Payment Processes

A recent tweet from crypto researcher SMQKE, featuring internal documentation from J.P. Morgan, highlights the banking giant’s long-held recognition of Ripple as a potential disruptor in global cross-border payments. The materials, which include slides with J.P. Morgan branding, emphasize Ripple’s ability to revolutionize traditional banking operations through blockchain technology. Specifically, the document details how blockchain could transform various financial processes such as payment settlements, compliance procedures (KYC/AML), and clearing operations. It cites Ripple’s unique position as an example of a blockchain solution capable of disrupting cross-border payments processing on a global scale. 💰