# SWIFT

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#MoneyGram and #NALA just launched stablecoin-powered payouts across Africa and Asia. Near real-time settlements. 24/7. No #Swift Traditional remittance fees average 6.49%. That's $13 lost on every $200 sent home. Stablecoin settlement removes the core problem — pre-funded liquidity. Capital frozen across dozens of countries in advance, just to make transfers possible. One settlement layer now covers all corridors instead. The $300B stablecoin market isn't growing because of retail speculation. Treasuries and payment teams found the real use case. MoneyGram is just the first major player to
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Today’s news is worth a close look: Ondo, JPMorgan Chase, Mastercard, and Ripple collaborate to settle tokenized government bonds on the XRP Ledger.
This is not just a simple proof of concept. Tokenized government bonds (like Ondo’s OUSG) are essentially on-chain money market funds, and choosing the XRP Ledger as the settlement layer indicates that Wall Street is experimenting with using public blockchains for 24/7 cross-border clearing.
Why is this important? Traditional cross-border settlement relies on SWIFT and correspondent banks, taking T+1 or even longer. This experiment demonstrate
ONDO5.94%
XRP-0.7%
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