Influencer

<ul class="news-points"> 
 <li>Panos Mekras believes that XRP poses a significant threat to traditional banking giants.</li> 
 <li>The crypto influencer stated that blockchain tech like XRP is destroying the banks’ monopoly.</li> 
 <li>The influencer highlighted XRP’s utility as an alternative to the SWIFT messaging system.</li> 
</ul> 
Panos Mekras, the founder of DigitalGen Financial Services, believes that <a href="https://coinedition.com/tag/xrp-news/" rel="noopener noreferrer nofollow">XRP</a> is one of the biggest threats to traditional banking giants. The crypto influencer recently highlighted how blockchain technology and cryptocurrencies like XRP are destroying the monopoly enjoyed by big banks that dominate the global payments scene. 
Mekras took to X (formerly Twitter) recently to <a href="https://twitter.com/panosmek/status/1695380604664099220" target="_blank" rel="noopener noreferrer nofollow">demonstrate</a> how XRP is disrupting the traditional banking system and its associated global payments network. According to him, the need for connection, accessibility, and interoperability has never been greater than it is in today’s interconnected global economy. 
Mekras took issue with the Society for Worldwide Interbank Financial Telecommunications (SWIFT) system, a payment and messaging giant used by banks around the world. While SWIFT connects over 10,000 financial institutions globally, its monopoly results in… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/xrp-is-one-of-the-biggest-threats-to-big-banks-crypto-influencer/">XRP Is One of the Biggest Threats to Big Banks: Crypto Influencer</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

XRP Is One of the Biggest Threats to Big Banks: Crypto Influencer

Coin Edition

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