XRP News Today: XRP Gains Momentum as Potential SWIFT Alternative Amid Policy Shifts

Recent developments in the financial technology sector have sparked renewed interest in the potential of XRP, the digital asset developed by Ripple, as a challenger to SWIFT, the long-standing messaging system used for cross-border payments. In a recent episode of the Paul Barron Podcast, host Paul Barron and guest Rupert from All In Crypto explored the evolving role of XRP in the global financial system and its possible implications for SWIFT’s dominance [1]. Barron connected the topic to broader macroeconomic trends and policy discussions, emphasizing how institutions are increasingly looking for alternatives in case traditional systems face instability. He noted, “And you look at where we are right now on the Fed, where we are on SWIFT and the potential changeover of where SWIFT could eventually be replaced by Ripple.”[1]

The conversation also touched on President Donald Trump’s recent remarks endorsing modernization in the financial sector. Trump highlighted the outdated nature of current financial infrastructure, stating, “That behind the scenes, the technical backbone of the financial system is decades out of date... Under this bill, the entire ancient system will be eligible for a 21st-century upgrade using the state-of-the-art crypto technology.”[1] Both Barron and Rupert interpreted these comments as a sign that cryptocurrency-based solutions are gaining traction at the highest levels of policy and governance.

Rupert further linked the discussion to a critique of SWIFT by prominent financial figures, referencing BlackRock CEO Larry Fink’s comparison of SWIFT to “routing emails through the postal office.”[1] He argued that XRP’s original design aligns closely with the goals outlined by Trump and others in the financial community, providing a faster and more cost-effective settlement solution for cross-border transactions.

The discussion also included projections about XRP’s potential market impact. While Ripple CEO Brad Garlinghouse has suggested that XRP could capture 10 to 20 percent of SWIFT transactions, Barron proposed a more aggressive estimate, stating that “we’re more likely to see an immediate impact on SWIFT settlement, maybe upwards of 60 to 70 percent.”[1] Such a shift would represent a significant disruption to the global financial system, potentially reshaping how financial institutions handle cross-border transactions.

Despite the growing optimism around XRP’s potential, the regulatory environment remains a key variable. The U.S. Securities and Exchange Commission (SEC) has delayed decisions on several XRP ETF applications, raising questions about the token’s classification and broader adoption. Analysts estimate a high likelihood of eventual approval, with Polymarket data showing a 77% probability of XRP ETF approval by year-end [2]. However, BlackRock has denied any plans to launch an XRP ETF, highlighting the uncertainty that persists in the market [2].

The current price of XRP remains relatively stable, trading near $3, and market participants are watching for signs of inflows, particularly if regulatory clarity improves. If Ripple’s vision of using XRP as a settlement asset gains further traction, the token could see increased institutional adoption and a broader role in global payments. However, this outcome depends on continued regulatory progress, market confidence, and the willingness of financial institutions to adopt blockchain-based solutions.

Sources:

[1] Times Tabloid: https://timestabloid.com/xrp-vs-swift-secret-plan-to-replace-the-entire-financial-system/

[2] Times Tabloid: https://timestabloid.com/ripple-xrp-set-to-benefit-from-trumps-crypto-initiative/