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Ripple CEO Talks IPO Plans And Competition Strategy Against SWIFT

Bitcoinist LogoBitcoinist15h ago

Ripple CEO Talks IPO Plans And Competition Strategy Against SWIFT - Bitcoinist

Quick Summary:

In an interview with Fortune’s Andrew Nusca, Ripple CEO Brad Garlinghouse provided an overview of the company’s strategic roadmap, their cautious approach to an initial public offering (IPO), and Ripple’s competitive edge over the traditional SWIFT network.

Yes, there are a lot of payment networks out there and when I think about at the core what Ripple’s trying to do we’re trying to let value move the way information moves today,” he explained.

By drawing an analogy to the evolution of email protocols that connected isolated platforms, he underscored Ripple’s goal to facilitate similar interoperability between diverse payment networks.


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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 00:30:32 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 583 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 21679114

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Official Website: bitcoinist.com

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News Last Updated: 12 hours ago

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