Banks Absorb Ripple For Global Settlement: Institutional Enclosure Replaces Rivalry
The Great Convergence: Infrastructure merging over rivalry. The Myth of Disintermediation: How Global Banks Are Enclosing Ripple to Preserve Legacy Hegemony Wall Street isn't fighting Ripple; they are quietly wrapping it in institutional concrete. The New Standard: Value transfer redefined. For a decade, the retail narrative championed XRP as the "SWIFT killer," a decentralized disruptor destined to dismantle the antiquated plumbing of correspondent banking. The reality unfolding in 2025 is far less revolutionary and far more corporate. Global banking conglomerates are not choosing between legacy networks and blockchain pipelines. They are simply absorbing both, separating the act of communicating transaction data from the actual settlement of value to secure their gatekeeping status. Recently, a...