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Swift announced Monday it will deploy a blockchain-based transaction ledger with more than 30 global banks and blockchain firm ConsenSys, marking the payments cooperative's most direct challenge yet to the $300 billion stablecoin market. The system will enable round-the-clock cross-border settlement

Chainlink's decentralized oracle network has secured $103 billion in assets as of September, positioning the platform as a critical infrastructure provider for traditional financial institutions exploring blockchain-based settlement systems, according to an analysis by Jefferies investment bank. The

A senior executive at SWIFT has challenged Ripple's governance model and regulatory approach, intensifying competition between the traditional banking messaging service and the blockchain-based payment company. The criticism centers on Ripple's centralized control over XRP tokens and questions wheth

A senior Swift executive has declared XRP a "dead chain walking," intensifying scrutiny over Ripple's blockchain network as decentralized finance metrics reveal stark performance gaps compared to major competitors. Does he actually have a point? After all, many cryptocurrency enthusiasts believe tha

Cryptocurrency company Ripple has made a strategic investment in Singapore-based payment processor Tazapay, marking a significant step in the firm's long-term strategy to establish an alternative to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network. The move positions R