XRP News Today: Ripple CEO Predicts 14% SWIFT Volume Capture by XRP in Five Years

Ripple CEO Brad Garlinghouse has made a bold prediction about the future of cross-border payments, stating that XRP could capture 14% of the volume carried by SWIFT, the global interbank messaging network, within five years. This prediction was made during the XRP APEX 2025 event in Singapore, where Garlinghouse emphasized the utility of XRP in transferring funds internationally.

Garlinghouse highlighted the two main components of SWIFT: messaging and liquidity. He noted that while SWIFT dominates interbank messaging for cross-border transfers, it does not actually move the funds. This process often relies on multiple intermediaries, making it slow and expensive. In contrast, Ripple's blockchain technology allows for instant currency conversion, reducing the need for banks to hold foreign funds and speeding up transactions.

Ripple is positioning itself to compete on the liquidity layer, arguing that its ability to move capital seamlessly, not just communicate transactions, will allow it to gain market share. XRP acts as a bridge currency, converting money instantly from one currency to another. This capability is seen as a significant advantage over traditional systems that rely on multiple intermediaries and slower transaction times.

Garlinghouse's prediction is based on the belief that if Ripple can drive all the liquidity, it will be beneficial for XRP. He stated, "If you're driving all the liquidity, it is good for XRP … so I’ll say five years, 14%." This confidence in XRP's potential to capture a significant portion of SWIFT's global volume underscores Ripple's strategic focus on providing a more efficient and cost-effective solution for cross-border payments.