Yellow

A live demonstration at XRP Tokyo revealed significant performance advantages for cross-border payments: **Key Findings:** - XRP payments cost 60% less than SWIFT transactions - Settlement time: under 4 seconds for XRP vs up to 5 business days for SWIFT - Demo showcased real-world payment processing capabilities **Context:** This demonstration comes as Ripple expands institutional use cases beyond payments. The company is piloting tokenized government bond settlement with Kyobo Life in South Korea, also on the XRP Ledger. Traditional bond settlement requires two business days, creating counterparty risk and tying up capital. The Tokyo event provided concrete data comparing XRP's performance against the established SWIFT network, which has dominated international banking for decades. [Full story on Yellow Media](https://yellow.com/news/xrp-vs-swift-settlement-costs)

**State channels are emerging as a key technology** for combining off-chain and on-chain transactions in crypto. - Yellow has long advocated for state channels as part of their vision - Other crypto entities are now recognizing the benefits of this hybrid approach - The technology enables **maximum liquidity and speed** while maintaining self-custody advantages **Key advantages:** - Blends the best of both off-chain efficiency and on-chain security - Allows trading apps to operate with improved user experience - Preserves Web3's core principle of self-custody Read the full research: [State Channels in Crypto and AI Future](https://yellow.com/research/state-channels-crypto-ai-future)