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Ripple’s XRP Forges Banking Revolution Directly on Blockchain, Claims Industry Expert

Ripple’s XRP Forges Banking Revolution Directly on Blockchain, Claims Industry Expert

Author:
Cryptonews
Published:
2025-09-29 18:32:49
20
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Zohran Mamdani Has 83% Chance Of Winning NYC Mayoral Seat Following Eric Adams’ Exit: Kalshi

Ripple isn't just playing with blockchain—they're rebuilding the entire banking infrastructure from the ground up using XRP.

The Architecture of Disruption

Forget incremental improvements. Ripple's approach bypasses traditional banking layers entirely, creating a parallel financial system that operates at blockchain speed. No more waiting days for cross-border settlements. No more intermediary banks taking their cut.

XRP as the Foundation

The digital asset serves as both the bridge currency and settlement layer, cutting through the tangled web of correspondent banking relationships that have dominated finance for decades. It's not just faster—it's fundamentally different architecture.

Traditional banks now face their 'Blockbuster moment'—watching a technology they dismissed as experimental suddenly threaten their core revenue streams. Because nothing says disruption like building a better banking system right under the bankers' noses.

Kalshi Bettors Heavily Favor Zohran Mamdani, Poll Shows

According to the Kalshi poll’s latest numbers, Mamdani is favored to win New York City’s upcoming mayoral race with 83% of the vote.

https://t.co/Lnzt7keXTF

— Kalshi (@Kalshi) September 28, 2025

Meanwhile, former Governor of New York Andrew Cuomo trails behind Mamdani with just 16% of participating bettors’ votes.

Republican nominee Curtis Sliwa only holds 2% of the vote amid mounting pressure to potentially drop out of the race.

Eric Adams Drops Out, Cuomo and Mamdani Showdown Begins

Kalshi bettors’ predictions come just after Adams announced his decision to end his candidacy on Sunday, with just over a month until Election Day, citing a lack of fundraising.

“Despite all that we have achieved, I cannot continue my reelection campaign,” the politician known as the “Bitcoin Mayor” said in a video posted to X on September 28.

“Although this is the end of my reelection campaign, it’s not the end of my public service,” Adams added. “I will continue to fight for this city.”

On Monday, U.S. President Donald Trump—who largely campaigned on easing crypto regulations—threatened to withhold federal funding from New York City should Mamdani win on November 8.

“He is going to have problems with Washington like no mayor in the history of our once great city,” TRUMP wrote in a September 29 Truth Social post.

Mamdani, who has advocated for city-owned grocery stores and eliminating bus fares altogether, is widely seen as a rising star in young progressive circles.

Reports indicate Trump allies would like him to back Cuomo, who previously served as a paid advisor to crypto exchange OKX.

However, with polls favoring Mamdani winning by a large margin, Cuomo faces an uphill battle if he hopes to return to the political stage.

|Square

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