XRP News Today: Ripple Aims to Replace SWIFT's Liquidity Layer with XRP

Ripple CEO Brad Garlinghouse has revealed a significant strategic shift for the company, aiming to replace not just the messaging system of the Society for Worldwide Interbank Financial Telecommunication (SWIFT), but also its liquidity layer. This bold move was announced during the APEX 2025 Event, where Garlinghouse outlined Ripple's vision to transform the global financial infrastructure by making XRP the core asset powering global liquidity.

Traditionally, discussions around SWIFT alternatives have centered on messaging protocols like ISO 20022, which standardize communication between banks. However, Garlinghouse clarified that Ripple's goal is not to merely compete with SWIFT's messaging system but to disrupt the way value moves across borders by solving the liquidity problem using blockchain and XRP. This strategy involves leveraging Ripple's On-Demand Liquidity (ODL) platform, which uses XRP to facilitate instant cross-border payments. By eliminating the need for pre-funded accounts, ODL reduces capital requirements for financial institutions and enables faster, cheaper transactions.

Ripple's ODL platform has already been deployed in multiple global payment corridors, gaining traction as more banks and payment providers adopt blockchain-based infrastructure. The platform simplifies cross-border transactions and positions XRP as a neutral bridge currency, a critical advantage in an increasingly fragmented global financial system. Garlinghouse projected that Ripple could capture 14% of SWIFT’s total transaction volume within five years, reflecting the company’s growing confidence in institutional adoption of XRP. This forecast is based on Ripple’s understanding of banking inefficiencies, regulatory environments, and the growing demand for real-time, transparent, and cost-effective payments.

If Ripple succeeds in embedding itself into the liquidity layer of the global financial system, it would significantly boost XRP’s utility and demand. As the bridge asset in a new financial infrastructure, XRP could become a key driver in the next evolution of international finance. While challenges remain, including regulatory clarity, institutional inertia, and legacy system integration, Garlinghouse’s comments suggest Ripple is playing the long game. The company aims not just to compete with SWIFT but to reshape the financial foundation it operates on. In a world where speed, transparency, and efficiency are increasingly non-negotiable, Ripple and XRP may not just be participating in the future of finance—they could be defining it.