In a compelling update shared by Ripple Pundit on X, Ripple CEO Brad Garlinghouse spotlighted XRP’s revolutionary potential in transforming global transactions. Garlinghouse emphasized that XRP, the native digital asset of the XRP Ledger, offers a breakthrough solution for the long-standing inefficiencies plaguing international payments, especially compared to the entrenched SWIFT system. His remarks underline XRP’s growing prominence and suggest a future where XRP could surpass SWIFT as the dominant cross-border settlement mechanism.
🆕 CEO of Ripple Discusses the Game-Changing Potential of $XRP to Take Over SWIFT in Worldwide Transactions
1/4 Check Thread 🧵 pic.twitter.com/rhpsngRzgG
— Ripple Pundit (@RipplePundit) May 23, 2025
Breaking Free from Pre-Funded Accounts
Traditionally, global banks relying on SWIFT must maintain pre-funded accounts — known as nostro and vostro accounts — in multiple countries to ensure liquidity for cross-border transactions. This practice locks up billions of dollars in dormant funds worldwide, creating complexity, inefficiency, and increased costs.
Garlinghouse noted that Ripple’s solution, utilizing XRP, provides instant liquidity, removing the need for pre-funded reserves. This innovation means institutions can instantly access the funds they need for international transfers without cumbersome pre-arrangements.
Compared to SWIFT transactions that can take days to settle and clear, XRP transactions finalize in mere seconds, fundamentally reshaping the speed at which money moves globally. According to Garlinghouse, this efficiency leap places XRP far ahead of SWIFT and Bitcoin, which, despite its fame, struggles with slower transaction speeds and high energy consumption.
Real-World Adoption and Institutional Trust
Garlinghouse highlighted that Ripple’s vision is no longer just theoretical; XRP is already used in live environments by financial institutions worldwide. Banks and payment providers are leveraging Ripple’s On-Demand Liquidity (ODL) service, powered by XRP, to bridge cross-border payments without intermediaries. This real-world traction has fueled growing confidence among XRP holders, institutional partners, and market analysts who believe that Ripple’s approach is uniquely positioned to challenge SWIFT’s long-standing monopoly over international finance.
Significantly, Garlinghouse revealed in the accompanying video clip that Ripple is collaborating with several central banks globally. While only some of these partnerships have been publicly disclosed, Ripple is actively involved in testing and experimentation phases, enabling central banks to issue their Central Bank Digital Currencies (CBDCs) on the XRP Ledger. This development places Ripple at the heart of the emerging CBDC movement, further strengthening its potential to become the backbone of future global payments infrastructure.
Sustainability and User Simplicity
One of the most compelling aspects of XRP, especially for institutional adoption, is its superior energy efficiency compared to other digital assets like Bitcoin. As global regulators and financial institutions increasingly prioritize sustainability, XRP’s low-energy consensus mechanism offers a decisive edge. Moreover, Ripple’s infrastructure is designed so that users, including banks and payment platforms, do not need to hold or manage cryptocurrency directly. Instead, the technology operates seamlessly in the background, automatically conducting XRP transactions to facilitate liquidity and settlement.
We are on twitter, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) July 15, 2023
This simplicity removes a significant barrier to mainstream adoption. This aligns well with the operational needs of large financial institutions, which often hesitate to deal directly with crypto assets due to regulatory and custodial concerns. By handling the complexity under the hood, Ripple makes it easier for institutions to tap into the benefits of blockchain without overhauling their existing systems or assuming unnecessary risks.
A Strong Case to Challenge SWIFT’s Dominance
While SWIFT has been the backbone of international banking for decades, the emergence of blockchain technology and digital assets like XRP has exposed its limitations. Garlinghouse’s vision for Ripple is not merely to coexist alongside SWIFT but to provide a fundamentally superior alternative, a faster, cheaper, greener, and more flexible option. With banks increasingly leveraging XRP for liquidity and integrating CBDCs on the XRP Ledger, Ripple is poised to revolutionize the global payments landscape.
Ripple Pundit’s report underscores the growing momentum behind Ripple’s ambitions, reflecting the broader confidence within the XRP community and beyond. As the financial sector and regulators pursue digital innovation, Ripple’s technology is well-positioned to transform cross-border payments and challenge SWIFT’s long-standing dominance.
With real-world utility, institutional trust, energy efficiency, and seamless integration, XRP may hold the keys to the future of global finance — a future where cross-border payments are instant, cost-effective, and universally accessible. If Ripple’s vision materializes as Garlinghouse envisions, XRP could become the core engine driving the next generation of international money movement.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Follow us on Twitter, Facebook, Telegram, and Google News
