Ethereum faces $3,800 resistance again, but this time, the supply crunch is real.
The challenges of cross-border payments are not new. SWIFT has its inefficiencies. This gives Ripple an avenue to fill the gaps using efficient digital tools such as XRP. In a recent video shared by crypto commentator Xaif (@Xaif_Crypto), Ripple CEO Brad Garlinghouse criticized the persistent issues within SWIFT’s infrastructure, highlighting inefficiencies that impact both speed and cost in global transactions. Garlinghouse presented a striking comparison between SWIFT and modern technology expectations. “Swift has a reported error rate of 6%,” he said. To emphasize the significance, he added, “Imagine if 6 out of every 100 Google searches you did had a failed result.” This illustrates the disconnect between consumer technology standards and the outdated processes still used in international finance. Ripple CEO Brad Garlinghouse unleashes the signs:》 We’re not partnering with SWIFT we’re replacing them. #XRP pic.twitter.com/1ecm4AUvZU — 𝕏aif | (@Xaif_Crypto) July 26, 2025 The Inefficiencies of Current Systems Garlinghouse revealed that the problem may be even more severe for some large corporations. According to him, a board observer at Ripple, who serves as the CFO of a Fortune 50 company, reported that this error rate is as high as 11%. Garlinghouse clarified that while these errors can be corrected, doing so is far from efficient. “Human intervention is required and it slows things down and obviously has costs associated with that,” he noted. Beyond the direct costs of these delays, Garlinghouse stressed that the most significant consequence is the inefficient use of capital. Institutions are forced to tie up substantial funds in pre-funded accounts to support the correspondent banking model. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 $10 Trillion in Trapped Liquidity Garlinghouse cited estimates from major consulting firms suggesting that approximately $10 trillion is locked in accounts worldwide solely to maintain the current payment infrastructure. This trapped liquidity prevents banks from using their capital more productively. This is a major problem that XRP aims to solve . “To the extent we can make that more efficient, we can dramatically change even the economics of many different payment companies, banks, and again, making this more efficient for global commerce,” Garlinghouse said. He emphasized that freeing up these funds could allow financial institutions to fulfill their core mission. A Better Way to Move Money Garlinghouse positioned Ripple’s technology and approach as a means to achieve this goal, aiming to modernize cross-border payments and enable more efficient global commerce. The CEO has predicted that XRP will capture up to 14% of SWIFT’s volume within 5 years , and its approach to solving SWIFT’s inefficiencies and eliminating errors makes this goal achievable. His remarks reflect a growing sentiment among fintech leaders that the legacy financial system needs reform. When SWIFT replaced Telex in 1977, it was a revolutionary system. However, it has been almost 50 years, and it’s time for XRP to replace SWIFT like it did with Telex . This will give users a better, cheaper, and faster way to move money worldwide. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple CEO Unleashes the Signs: XRP Is Here to Replace SWIFT appeared first on Times Tabloid .
Cardano (ADA) is showing fresh strength in mid-2025 as market confidence strengthens across the broader crypto universe. While others are forecasting ADA to hit $1.80 by the end of the year, others are already focused on Remittix (RTX) —a crypto initiative currently building momentum on the eve of its wallet beta release. Both efforts reflect the growing need for crypto with real utility, but Remittix is taking a different route: it’s building financial infrastructure, not just offering staking incentives or smart contracts. Cardano Recovery Continues With $29B Market Cap and Bullish Structure Cardano is currently trading at $0.8274, a 2.49% daily gain. Its market cap stands at $29.3 billion, ranking it among the top ten cryptocurrencies. Its trading volume has, however, dropped to $1.02 billion, a decline of over 41%, an indication of reduced speculative activity. Whereas ADA still maintains good fundamentals and a faithful core base, it’s now part of a greater altcoin renaissance where investors want to diversify into low cap crypto hidden gems. Everyone is searching for the best DeFi projects 2025 with functional products, not something hoped for in the future. That’s where Remittix is gaining traction—as an actual payments network as opposed to some conceptual DeFi notion. Products like Remittix resonate with users who want crypto staking, low gas fees, and cross-border use and not necessarily governance or NFTs. And with a product release pending, it’s taking attention away from passive holds like ADA and into active use-case tokens. Remittix Wallet Beta Opens Doors for Real-World Payment Transition Remittix DeFi project has recently announced a beta wallet release, which is scheduled for Q3 2025. This crypto wallet is no ordinary one. What it aims to do is bridge crypto to fiat by allowing users to send digital assets like ETH or USDT directly into bank accounts of more than 30 nations. The wallet will be Ethereum and Solana compatible on launch, offering a low gas fee crypto experience with real-time speed. It’s designed for freelancers, remote workers, and global payers who need to receive direct payouts—not slow, multi-step conversions through centralized exchanges. At the time of writing, RTX is $0.0876 , having raised over $17.3 million and selling 569 million tokens. That rate is driven by product development as well as a robust presale model. Early birds are still able to claim a 50% token bonus, with the team aiming for an $18 million soft cap prior to when the wallet goes live. You can buy RTX tokens here prior to hitting that cap. Why Remittix Is Gaining Momentum in Q3 2025 Presale has also involved a $250,000 giveaway, bringing in new users and additional publicity to this emerging crypto venture. Remittix stands out from meme coins since it offers infrastructure with working use on Day 1. Here’s why it’s gaining prominence: Real-World Utility: Send crypto directly into fiat bank accounts Wallet Beta Coming: Launching Q3 with Solana and Ethereum support Mass Adoption Focus: Targeting freelancers, remitters, and global earners $17.3 Million+ Raised: Most rapidly growing crypto presales alive today Bonus Tokens Alive: 50% more tokens still available to early buyers As a top-performing crypto under $1, Remittix isn’t riding hype—it’s solving real-world issues. With its wallet release just around the corner and the fundamentals already established, RTX is off to a strong start in becoming a next big altcoin 2025 contender with concrete traction. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix $250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway The post Cardano Could Rally to $1.80 by Late 2025 But Remittix’s Wallet Beta Momentum Could Help It Surge Faster & Higher appeared first on TheCoinrise.com .
Alibaba Group Holding has entered the Chinese smart wearables industry after previewing its first AI-powered glasses. The company previewed the AI-powered smart glasses at the World Artificial Intelligence Conference (WAIC) in Shanghai, the largest annual event in the country. The AI race has been hot in the last few months, as some firms are looking to debut new products, while others are looking to improve their own products. The Quark AI glasses, named after the company’s AI assistant, were revealed to the public for the first time at the event on Saturday. The company announced at the event that it has finished developing the product and an official launch is being planned for this year, even though it didn’t commit to a specific date or timeline. According to several reports , the glasses were presented as part of a full ecosystem powered by cutting-edge hardware and deep AI integration. The dual-chip setup is expected to balance performance and battery life, allowing users to use its AI functions without the need to charge the device frequently. Its dual-option approach also helps the company address the issue of productivity, giving users who want overlays and minimalist users who prefer light designs what they want. Alibaba showcases its AI-powered smart glasses This unveiling marks Alibaba’s debut in the smart glasses market, which has seen an increase in local competition. Domestic firms like Rokid and Xreal have been working overtime, releasing new products to users over the past few months. Alibaba has also deepened its reach in the industry, inking a partnership with augmented reality glasses maker RayNeo earlier this year. The partnership will see the company provide AI support for the Hong Kong-based firm’s products. Alibaba is expected to use its Qwen large language models (LLMs), the technology underpinning its generative AI services, to provide the exclusive service to RayNeo’s products. “This partnership represents a new application of the Qwen LLM in the field of smart glasses,” Zhou Jingren, chief technology officer of Alibaba Cloud, said. The collaboration also marked the first in-depth partnership between an LLM developer and an AI glasses manufacturer in China. Speaking about the new AI smart glasses at a sub-forum, the head of smart terminal business at Alibaba’s Intelligent Information business group, Song Gang, mentioned that AI glasses are expected to become the most important form of wearable intelligence in the future. Gang said that the product will serve as another pair of eyes and ears for humans. This recent move is part of a broader strategy by Alibaba to increase its AI offering. The Hangzhou-based tech company announced in February that it is committed to investing about $53 billion into AI infrastructure in the next three years. The company said at the time that the funding, which is the largest in China by a single private business, shows its commitment to AI. Alibaba CEO Eddie Wu Yongming said the company plans to pursue an aggressive investment strategy at that time. The move came after the popularity of Chinese startup DeepSeek and the popularity of its models at the beginning of the year. The startup released its globally accepted R1 model, a model that outpaced many existing models at the time. Alibaba is also expected to improve the development of its software and hardware products through its Qwen AI model series. KEY Difference Wire helps crypto brands break through and dominate headlines fast
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Bitgo, a U.S.-based cryptocurrency custody provider, recently announced the establishment of a local office in Brazil, where it will aim to acquire customers from the banking sector entering the crypto business. The company will also offer insurance options for clients using their own solutions. Bitgo Establishes a Foothold in Brazil to Serve Banks Entering the