XRP or XLM, Which is Best to Replace SWIFT? Grok AI and ChatGPT Share Shocking Results

The post XRP or XLM, Which is Best to Replace SWIFT? Grok AI and ChatGPT Share Shocking Results appeared on BitcoinEthereumNews.com. AI models from xAI and ChatGPT, developed by OpenAI, suggest that the most suitable blockchain networks to replace SWIFT are the XRP Ledger and Stellar (XLM), securing mentions. Notably, proponents already see blockchain as a potential alternative to SWIFT, the long-standing cross-border messaging system that connects over 11,000 financial institutions worldwide.  SWIFT, despite its reliability and vast network, suffers from high fees, slow transaction times, and centralization vulnerabilities. Recently, we asked AI chatbots Grok and ChatGPT to present what they believe could be the best blockchain to replace or complement SWIFT. Grok AI Picks XRP Ledger In response, Grok evaluated multiple blockchains using important criteria such as transaction speed, cost, scalability, security, interoperability, adoption, and regulatory compliance. Notably, Grok concluded that the XRP Ledger is the most suitable blockchain to replace SWIFT. Grok AI Picks XRP Ledger It highlighted the network’s strengths. According to the chatbot, transactions on the XRP Ledger complete in 3 to 5 seconds, far quicker than SWIFT’s 1 to 5-day processing window. In addition, costs are minimal, with fees amounting to just fractions of a cent compared to SWIFT’s $15 to $50 per transaction.  Moreover, Grok noted that the network processes around 1,500 transactions per second. Importantly, the Ripple Payments service, boasting over 300 institutions including Santander, Standard Chartered, and American Express, also shows massive traction in the finance scene. Grok also stressed that the XRPL is interoperable with traditional banking systems, with a reduced risk of central point failure due to its decentralized validator network.  However, the AI chatbot cautioned that ongoing regulatory scrutiny, particularly the SEC’s lawsuit in the U.S., and Ripple’s smaller institutional network compared to SWIFT could be potential hurdles. However, the lawsuit might be close to an end at press time. Stellar, a Close Second Meanwhile, Stellar (XLM) came in a…

Apr 30, 2025 - 06:00
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XRP or XLM, Which is Best to Replace SWIFT? Grok AI and ChatGPT Share Shocking Results

The post XRP or XLM, Which is Best to Replace SWIFT? Grok AI and ChatGPT Share Shocking Results appeared on BitcoinEthereumNews.com.

AI models from xAI and ChatGPT, developed by OpenAI, suggest that the most suitable blockchain networks to replace SWIFT are the XRP Ledger and Stellar (XLM), securing mentions. Notably, proponents already see blockchain as a potential alternative to SWIFT, the long-standing cross-border messaging system that connects over 11,000 financial institutions worldwide.  SWIFT, despite its reliability and vast network, suffers from high fees, slow transaction times, and centralization vulnerabilities. Recently, we asked AI chatbots Grok and ChatGPT to present what they believe could be the best blockchain to replace or complement SWIFT. Grok AI Picks XRP Ledger In response, Grok evaluated multiple blockchains using important criteria such as transaction speed, cost, scalability, security, interoperability, adoption, and regulatory compliance. Notably, Grok concluded that the XRP Ledger is the most suitable blockchain to replace SWIFT. Grok AI Picks XRP Ledger It highlighted the network’s strengths. According to the chatbot, transactions on the XRP Ledger complete in 3 to 5 seconds, far quicker than SWIFT’s 1 to 5-day processing window. In addition, costs are minimal, with fees amounting to just fractions of a cent compared to SWIFT’s $15 to $50 per transaction.  Moreover, Grok noted that the network processes around 1,500 transactions per second. Importantly, the Ripple Payments service, boasting over 300 institutions including Santander, Standard Chartered, and American Express, also shows massive traction in the finance scene. Grok also stressed that the XRPL is interoperable with traditional banking systems, with a reduced risk of central point failure due to its decentralized validator network.  However, the AI chatbot cautioned that ongoing regulatory scrutiny, particularly the SEC’s lawsuit in the U.S., and Ripple’s smaller institutional network compared to SWIFT could be potential hurdles. However, the lawsuit might be close to an end at press time. Stellar, a Close Second Meanwhile, Stellar (XLM) came in a…

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