SWIFT vs Ripple — the same problem, different solution

[etfs]

SWIFT’s cross-border payments scheme modernizes messaging, rule enforcement, and user experience, but it doesn’t adopt blockchain or reduce capital tied up in pre-funded accounts.

Ripple takes a different approach, using blockchain-based rails and stablecoins to minimize liquidity requirements in specific corridors. While SWIFT raises baseline expectations for speed and transparency, Ripple’s solution still appeals in capital-intensive or emerging-market transfers.

[cryptohog]

pre-funded accounts are still a pain—blockchain rails just make the numbers feel less depressing.