- Ripple CEO makes major prediction, predicting XRPL can control 14% SWIFT’s global liquid assets within 5 years.
- The volume of XRP payments has increased by 1,300%, as more institutions look for faster and cheaper solutions to cross-border transactions..
Ripple’s ambitions in the global payment space are once again at the forefront after its CEO made a bold prediction about a possible XRP Ledger breakthrough. The new conversation about the future of XRP has been sparked by this.
Ripple CEO predicts major shift in liquidity
Updated earlier, this is the previous update. covered The Dubai Government issued digital assets via a local issuing company directly to the XRPL Ledger (XRP Ledger). Using this initiative, transaction fees have been cut by an amazing 50%.
Brad Garlinghouse is the CEO of Ripple and he has related news to the XRPL. stated Speaking at the XRP Ledger Apex 2020 conference in Singapore, he said that XRPL can capture up to 14% of SWIFT global liquidity by 2025.
Brad Garlinghouse emphasized that global finance’s future will not be determined by messaging systems, but rather liquidity. Garlinghouse explained further that although SWIFT was designed to facilitate messaging between financial institutions the true power is in money movement.
He said that Ripple is focused not just on quicker payments, but also giving institutions better liquidity control. He also said that SWIFT is divided into two main parts, messaging and liquidity. It is the liquidity that has power.
XRPL can settle transactions in seconds, compared to SWIFT’s 1–5 days. Brad Garlinghouse thinks this could be a major advantage for Ripple.
Ripple does not simply build another payment rail, said he. The company is looking to revolutionize the way value travels across borders. It is in direct opposition to SWIFT. SWIFT still rules the market but it’s often criticised for its slowness and high costs.
David Schwartz (Ripple CTO) also addressed the audience at this conference. He stressed that financial systems must be transparent and noted the current challenge of properly auditing their financial transactions.
Ripple is hoping to fix this problem with XRPL technology, which provides clear transaction records. As highlighted In our previous News Brief, we mentioned that the Deep Freeze Amendment has been added the XRPL in order to improve compliance and security as well as attract institution trust.
This is essential for the protocol to function properly.
Community optimism grows amid XRP payment surge
Remember that XRP Ledger has also been at the center of many recent reports on payment volumes. According to reports, the payment volume for XRPL increased by 1,300% and reached $4.11 Billion. The spike in activity indicates that more institutions are turning to Ripple for their payment solution. cross-border settlements.
Ripple and SWIFT have not been a partnership, contrary to previous rumors. In April 2025 several XRP Community members denied these rumors. The possibility that XRP will gain market share is still strong. This is especially true with the growing unhappiness about high SWIFT charges.
Reddit user recently revealed that it costs $150 to transfer $30,000 via SWIFT. The transaction is expected to last up to 4 days.
Ripple positions the XRP Ledger to be a more efficient and cost-effective option. Garlinghouse said that XRP’s adoption and value could increase dramatically if the coin captures even a tiny fraction of SWIFT’s market. The coin is changing hands currently for $2.237The ‘down 3.58% Within 24 hours,
CNF has recently been a part of a number of recent initiatives. reported Ripple launched a grant program linked to its XRP Ledger. This grant is aimed at promising Web3 startups that are in the early stages of development in Japan, to help boost blockchain innovations in Asia.
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Source: www.crypto-news-flash.com
