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Finance Strategist Says XRP and XLM Could Benefit from This News

Finance Strategist Says XRP and XLM Could Benefit from This News

Photo: Times Tabloid

The 20 wealthiest countries on earth have handed the global banking system a firm deadline. By 2027, the G20 wants 75% of all international payments settled in under one hour, with fees cut to 1% or less. For most of the world’s banks, that target is a serious problem. Traditional bank wires still take days to process. Middleman banks, currency swaps, and weekend cutoffs all slow the system down. Financial expert Levi laid out exactly why legacy infrastructure struggles to clear even the one-hour bar. “99% of banks today cannot do it”, he tweeted .

Source: Times Tabloid

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