IBM finally has officially announced its “World Wire” universal payments system on the XLM blockchain. Over 90% of the world’s largest banks use IBM services so IBM will be pushing this new payment system and technology hard to its customers, giving XLM a huge gateway into the banking world. This gives XLM an advantage over XRP as they now have a giant global company in IBM backing their network and cryptocurrency. This gives XLM a large use case and huge potential for further growth as many banks will probably adopt the XLM blockchain and could potentially be a problem for XRP if XLM becomes the standard via IBM in financial transactions.
