XRP News Today: Celent Analyst Hails XRP XLM Blockchain Payment Potential at SIBOS

Celent's Alenka Grealish emphasized the transformative potential of XRP and XLM at the SWIFT SIBOS Conference, as reported by crypto enthusiast SMQKE [1]. Her remarks, shared via a video clip, underscored the critical role these digital assets could play in modernizing the global financial system, particularly in addressing inefficiencies in traditional payment infrastructure. Grealish noted that while e-commerce and digital trading platforms operate in real-time, many banking processes still rely on outdated batch processing systems, creating a stark misalignment [1].

According to Grealish, financial institutions are increasingly exploring blockchain-based solutions to bridge this gap [1]. She outlined how blockchain and smart contracts can streamline messaging, clearing, and settlement processes that often span multiple days. This shift is not speculative, but rather a response to the real-world demands of the digital economy.

A central theme of her analysis was the emergence of the “Internet of Value,” a concept where value transfer becomes as seamless as information transfer [1]. Grealish described this evolution as a flywheel gaining momentum, with initial resistance giving way to increasing efficiency and adoption through practical applications. At SIBOS, she highlighted specific use cases such as interbank payments, delivery versus payment systems, and cross-border transactions, all of which leverage blockchain to enhance speed and reduce operational friction [1].

XRP and XLM were explicitly identified as key players in this transformation [1]. Grealish also mentioned USDC, a stablecoin, as part of the broader ecosystem enabling new forms of payment infrastructure. These digital assets, she argued, are helping to align traditional financial systems with the speed and flexibility required by modern commerce.

Grealish further noted a broader shift in the perception of cryptocurrencies. While Bitcoin was originally envisioned as a medium of exchange, it has largely been displaced by more efficient blockchains for day-to-day transactions [1]. Instead, the underlying distributed ledger technology has gained traction, particularly with institutional investors, who are now driving innovation in areas like decentralized finance. This trend, according to Grealish, is accelerating the legitimacy of digital assets as a recognized financial class.

SMQKE's post highlights the significance of these remarks, particularly the recognition of XRP and XLM at a high-profile event like SIBOS [1]. This acknowledgment is seen as validation of their potential in reshaping global payment systems. As institutional interest grows, the integration of blockchain-based solutions into mainstream financial systems is expected to accelerate.

The broader industry trend reflected at SIBOS is clear: financial institutions are no longer viewing blockchain as a disruptive threat but as an essential tool for modernization [1]. With tangible use cases demonstrating economic viability, the momentum behind blockchain adoption is gaining speed.

Source:

[1] "Celent Analyst Touts XRP and XLM Potentials at SWIFT SIBOS Conference" (https://timestabloid.com/celent-analyst-touts-xrp-and-xlm-potentials-at-swift-sibos-conference/)