XRP Tested by Japanese Megabank Claims SWIFT Transfers in Four Seconds
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
A Japanese megabank has tested XRP, claiming it can facilitate SWIFT transfers in four seconds. However, the outlook for Ripple's stablecoin in Japan is uncertain, with some reports suggesting it faces significant competition and trust issues with megabanks. Additionally, Japan's three megabanks are reportedly planning to launch their own yen stablecoin, potentially by March 2027.