[ad_1]
<div _ngcontent-c14 = "" innerhtml = "
Ripple's XRP has skyrocketed in the past 24 hours, adding about 10% to its market capitalization and driving up the likes of bitcoin and ethereum, after Ripple's CEO launched speculation. a long-awaited rapprochement with his rival Swift could be back on the table.
Bitcoin and the vast cryptocurrency market have struggled over the last week as institutional investment in the area stays on the horizon.
Ripple's surge in XRP caused a rebound in bitcoin, up 1% in the last 24 hours, and the Ethereum, up 3.5% over the same period. Bitcoin liquidity surpbaded the mark of market capitalization by $ 2 billion, adding 6%, according to CoinMarketCap prices, which retraces most major cryptocurrencies.
Ripple has worked hard over the past year to integrate its XRP token with the traditional financial sector.Getty
Garlinghouse, speaking at a panel at the Fintech Forum in Paris, said "ways [Ripple] could work with Swift. "
Ripple's CEO was talking alongside Gottfried Leibbrandt, the outgoing CEO of Swift, & nbsp; who announced that the international payment network was in partnership with Ripple, blockchain company R3, rival of the Ripple Group.
The Swift network, which has nearly 11,000 financial institutions and moves $ 200 billion every day worldwide, plans to connect the R3 platform to its new payment standards framework, Global Payments Innovation.
Garlinghouse, on the other hand, took the opportunity to publicly criticize Swift's aging system.
"I think that with time, decentralized systems will probably win," Garlinghouse said, "It was first reported by CNBC. "I think that today is not what Swift is."
"Swift today is a one-way messaging framework, it's not a liquidity provider," added Garlinghouse. "When we think of a valuable Internet, it's a mix of two-way messaging frameworks – moving to a real-time chat protocol if you want – and real-time liquidity."
Ripple's XRP price surged on Ripple's CEO, Brad From Garlinghouse comments yesterday.CoinDesk
The price of ripple (XRP) jumped in a few months in 2018& nbsp;Banks around the world & nbsp; announced that they were experimenting with Ripple technology& nbsp; accelerate and save on international payments.
XRP, however, is down more than 80% from its peak, with most major cryptocurrencies rebounding after the sharp rise in 2017. The benchmark price climbed to more than $ 3 last January from $ 0.006. beginning of 2017.
The price of the ripple is now trading at just over $ 0.30, according to the latest CoinDesk tracker awards.
Earlier this month, Ripple, which owns 60% of XRP, was forced to defend itself against accusations that it would have misled the market about the value of its XRP token after & nbsp;Messari, a & nbsp; crypto-temporal data society, & nbsp;The suggested market capitalization of the ripple could be well below what we thought.
The most popular product of Ripple, & nbsp; xCurrent, helps banks settle their international transactions using the blockchain to confirm transactions in real time at each step of a cross-border payment and last year, the company launched xRapid, a similar system the token exchangeable XRP directly.
XRapid's announcement in September raised the price of the XRP as traders and investors bet that increased adoption by the financial services industry would translate into greater demand for the token.
">
Ripple's XRP has skyrocketed in the past 24 hours, adding about 10% to its market capitalization and boosting bitcoin and ethereum. Table.
Bitcoin and the large cryptocurrency market have struggled in the past week as long-awaited institutional investments in the sector remain on the horizon.
Ripple's surge in XRP caused a rebound in bitcoin, up 1% in the last 24 hours, and the Ethereum, up 3.5% over the same period. Bitcoin liquidity surpbaded the mark of market capitalization by $ 2 billion, adding 6%, according to CoinMarketCap prices, which retraces most major cryptocurrencies.
Ripple has worked hard over the past year to integrate its XRP token with the traditional financial sector.Getty
Garlinghouse, speaking at a panel at the Fintech Forum in Paris, said [Ripple] could work with Swift. "
Ripple's CEO was talking alongside Gottfried Leibbrandt, the outgoing CEO of Swift, who announced that the international payment network was in partnership with rival Ripple, the R3 blockchain company.
The Swift network, which has some 11,000 financial institutions and moves $ 200 billion every day worldwide, plans to connect the R3 platform to its new payment standards framework, Global Payments Innovation.
Garlinghouse, on the other hand, took the opportunity to publicly criticize Swift's aging system.
"I think decentralized systems will probably win in the long run," said Garlinghouse. "I think that today is not what Swift is."
"Swift today is a one-way messaging infrastructure, it's not a liquidity provider," added Garlinghouse. "When we think of a valuable Internet, it's a mix of two-way messaging frameworks, which are now moving to a real-time chat protocol, coupled with real-time liquidity."
Ripple's XRP price surged on Ripple's CEO, Brad From Garlinghouse comments yesterday.CoinDesk
The price of ripple (XRP) jumped in a few months in 2018 Banks around the world have announced that they are experimenting with Ripple technology to speed up and save money on international payments.
The XRP, however, is down more than 80% from its peak, with most major cryptocurrencies readjusting after the sharp rise in 2017. The price of buying is high at over 3 Last January against USD 0.006 in early 2017.
The price of the ripple is now trading at just over $ 0.30, according to the latest CoinDesk tracker awards.
Earlier this month, Ripple, which owns 60 percent of XRP, was forced to defend itself against accusations that it would mislead the market about the value of its XRP token. Messari, a cryptocurrency data company, The suggested market capitalization of the ripple could be much lower than expected.
Ripple's most popular product, xCurrent, helps banks settle their international transactions using the blockchain to confirm real-time transactions at every step of a cross-border payment. Last year, the company launched xRapid, a similar system that uses the XRP exchangeable token directly.
XRapid's announcement in September raised the price of XRP up, as traders and investors said increased adoption by the financial services sector would translate into increased demand for the token .
