Its something to keep an eye but more details are needed to give an honest comparison. Does it challenge only enterprise? What about consumer? Does it do all fiat as I read its doing only 3 or 4. What about Nostro Vostro accounts? How does it do interoperability between systems? There a lot of questions. Ripplenet has a lot of solutions so it would be hard to say how much market share it can take from Ripple. This would be impact Stellar as well. Perhaps more info will continue to come out but this does look like further competition in this space in using blockchain.
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