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Japanese Banks Confirm XRP Settles 60% Cheaper Than SWIFT in Under 4 Seconds

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Japanese Banks Confirm XRP Settles 60% Cheaper Than SWIFT in Under 4 Seconds

Financial institutions in Japan have unveiled new pilot data showing that XRP payments can cut cross-border costs by up to 60% compared to SWIFT. This cost cut happens all while the network settles transactions in under four seconds.

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