According to informed sources, SWIFT GPI blockchain technology product SWIFT BPI has come out and has been tested on a small scale and is expected to be promoted globally in the near future.
Ripple insists that XRP is 10 times safer for making international payments that fiat currencies that today are still a more popular option.
SWIFT’s GPI riposte initiative reported growth from 15% to 56% representing a 270% year-on-year change enabling the company to shun its competitors and move at least $40trn in 2018.
Despite the growing crypto space, SWIFT is not going to lean back: it reduces cross-border payment times providing its clients with fast and safe services.