An interview on CNBC’s Squawk Box with Pantera Capital founder Dan Morehead has brought renewed focus to Ripple and its positioning in global finance. While the discussion covered Bitcoin, Ethereum, and Solana, one comment stood out.
Morehead noted that “Ripple’s going after Swift,” highlighting the long-held belief that Ripple is competing with and might overthrow SWIFT. His comments also placed XRP in the same category as other major assets with use cases, such as Bitcoin’s role as digital gold and Solana’s performance capabilities.
Abs Nassif, host of the Good Morning Crypto podcast, shared the clip on X, emphasizing the part of the conversation that highlighted Ripple’s direct challenge to the long-standing international payments network.
JUST IN: 🇺🇸 CNBC GUEST STATES “RIPPLE IS GOING AFTER SWIFT” $XRP
Even The Solana Investors Know… pic.twitter.com/H9Ap9wQm9m
— Good Morning Crypto (@AbsGMCrypto) September 15, 2025
Ripple and the Legacy of SWIFT
The Society for Worldwide Interbank Financial Telecommunication, better known as SWIFT, has been the backbone of cross-border payments for decades. Despite its reach, it operates on older infrastructure and processes that can take days to complete transactions.
Ripple CEO Brad Garlinghouse has called this system outdated. In an era where instant settlements and seamless global transfers are becoming the standard, the system faces mounting pressure to modernize.
Ripple’s technology, built on the XRP Ledger, provides near-instant settlement for cross-border payments at a lower cost compared to SWIFT’s traditional model. Financial institutions around the world have already explored or integrated Ripple’s solutions to reduce inefficiencies in international transfers.
The contrast between the legacy network and Ripple’s XRP-powered alternative illustrates why Morehead’s remarks carried weight.
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Recognition from a Solana Advocate
Morehead’s investment background adds further importance to his statement. He explained during the interview that Solana could handle “9 billion transactions a day, which is more than all capital markets combined,” making clear his admiration for its speed and scalability.
Yet, despite emphasizing Solana’s technical strengths, he still pointed to Ripple’s pursuit of replacing or improving on SWIFT as a defining use case within the blockchain industry. Hearing Ripple’s mission recognized on a major financial network by a veteran investor reinforced confidence in the project’s trajectory.
The outdated nature of SWIFT’s processes and Ripple’s ongoing partnerships with banks and payment providers strengthen the argument that XRP has utility beyond speculation. Morehead’s remarks suggested that while other assets have their advantages, Ripple addresses one of the most practical and immediate needs in global finance: fixing international money transfers.
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 advised to conduct thorough 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.
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