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Crypto

XRPL validator says no need for SWIFT to use XRP

An XRP Ledger (XRPL) validator known as Vet rejected speculation that XRP and the Society for Worldwide Interbank Financial Telecommunication (SWIFT) could work together, saying SWIFT does not use XRP and XRP does not need SWIFT to function. Vet said blockchain systems can bypass legacy financial infrastructure by integrating messaging and settlement in a single process. He contrasted SWIFT’s messaging role with separate settlement steps that can add delays, costs and intermediaries.

AI & Enterprise

Tesla pursues 100 GW U.S. solar manufacturing, seeks to buy $2.9 billion of China equipment

Tesla is moving to build 100 gigawatts of solar manufacturing capacity in the United States, making a large investment push. A Reuters report cited by an electric-vehicle outlet said CEO Elon Musk is negotiating with Chinese companies to bring in about $2.9 billion of solar production equipment, with Suzhou Maxwell Technologies mentioned as a key candidate. Some equipment could reach a Texas factory as early as this fall, depending on Chinese export approvals.

AI & Enterprise

Can you trust an AI agent with your credit card?

Stories about using AI agents to automate tasks without human involvement are drawing growing interest on social media and online communities. Some AI experts expect AI agents to replace white-collar jobs, and companies are also using them as justification for layoffs. At the same time, concerns are rising about risks from flaws, including mistakes such as deleting messages or damaging files. Cases cited by the New York Times highlight both usefulness and the dangers of relying on them fully.