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Florida Pharma Giant Ditches Banks—Routes $50M Deal via XRP’s Lightning Network
Florida Pharma Giant Ditches Banks—Routes $50M Deal via XRP’s Lightning Network
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Big Pharma meets blockchain: A Florida-based pharmaceutical firm just sidestepped traditional finance, locking in a $50M financing deal settled in real-time using XRP. No waiting for SWIFT confirmations, no banker happy-hour fees—just instant value transfer that leaves legacy systems choking on dust.
The move signals a growing revolt against sluggish cross-border payments, with Ripple’s tech cutting settlement times from days to seconds. Wall Street’s middlemen? They’re now the unnecessary third wheel in high-stakes transactions.
One hedge fund manager grumbled: ’Guess we’ll have to find another way to charge for moving digits between databases.’
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