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XRP is a new digital currency that could replace SWIFT as the global payments system.

Ask AI: Will XRP replace SWIFT?

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Question: Will XRP replace SWIFT?

Asked by Wiro

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No, XRP will not replace the SWIFT payment system. SWIFT is a global payments messaging system that facilitates secure and reliable financial transactions for banks, broker dealers and other financial institutions, while XRP is a cryptocurrency used to facilitate payments on the Ripple blockchain. They are two completely different systems and do not compete for the same purpose.

Answered by text-davinci-003

Jan. 13, 2023, 10:04 a.m.

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This article was generated in part by one of OpenAI’s large-scale language-generation model, answering user Wiro's question. Images were generated with OpenAI's AI model, DALL·E 2. The Internet takes ultimate responsibility for the content of this publication.
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Published: Friday, January 13, 2023

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