>>60885482
dude, he’s tongue in cheek saying it’s interesting as it’s a complete pivot and admission that a bridge currency is not needed.
someone earlier gave a brilliant example you can comprehend easily - why trade BTC > XRP > LTC if you can just BTC > XRP?
That’s the point of “interesting”. Stablecoins operating on a quick 1,2,3 deployment on: AWS quantum ledger, corda, Hyperledger, quorum, or even Canton network by banks now can have the same relationship with each other as ETH tokens being traded on the same chain, but now cross chain. We’ve entirely removed the need to bridge a currency. The currency itself bridges seamlessly.
You really didn’t think SWIFT would go into the night easily right? They came up with an even more elegant solution than Ripple proposed, completely disintermediating the transfer through a new protocol, removing the risk of a bridge currency’s price stability mid-transfer. They’re not retards, these guys running global banking.
SWIFT is 11,500 banks. They all are part of the decision making.