EddieJayonCrypto
12 Jun 25
Ripple CEO Brad Garlinghouse predicts that XRP could capture 14% of SWIFT’s market share in global payments within five years, highlighting XRP’s on-demand liquidity as a more efficient alternative to the bank-controlled liquidity in SWIFT. Despite XRP’s recent price decline, Ripple's blockchain-bas...
Ripple CEO Brad Garlinghouse envisions XRP capturing 14% of SWIFT’s market share in global payments within the next five years by utilizing its on-demand liquidity. This feature offers a more efficient alternative to the bank-controlled liquidity currently managed by SWIFT, whose network primarily handles messaging and liquidity separately.
Despite XRP’s price falling about 4% to $2.24 recently, down more than 40% from its January peak of $3.8, Ripple aims to streamline cross-border payments through blockchain-based solutions that promise faster settlements and reduced costs. The long-standing dominance of SWIFT—processing over 44 million daily messages in 2022 and likely exceeding 50 million in 2024—is now facing competition from digital asset platforms like Ripple, which offer innovative financial tools such as the XRP token, XRP Ledger, and Ripple USD stablecoin.
Ripple’s progress was historically hindered by legal battles with the U.S. Securities and Exchange Commission, which accused Ripple of selling XRP as an unregistered security. This legal uncertainty slowed institutional adoption significantly. However, the SEC’s recent dismissal of its case against Ripple has removed a major hurdle, potentially accelerating XRP’s integration into the financial system and enhancing its viability as a competitor to SWIFT’s legacy infrastructure.