In the world of cryptocurrency, Bitcoin is undoubtedly the center of the conversation, representing decentralization, censorship resistance, and digital gold as a store of value. However, when it comes to discussing the 'restructuring of the financial system and the efficiency revolution', XRP may truly be the game changer.
Ripple, the company behind XRP, is dedicated to solving a major pain point in the global payment system: the inefficiency and high costs of cross-border payments. Unlike Bitcoin, which can only process 7 transactions per second and has an average confirmation time of 10 minutes, XRP can handle approximately 1500 transactions per second, with transfers completed almost instantly, and transaction costs only a fraction of a cent—this gives it the potential to replace traditional international settlement systems like SWIFT.
Especially in Japan, the application of XRP has already begun to take shape. Financial giant SBI Holdings is an early investor in Ripple and actively promotes the practical application of XRP in Japan and Southeast Asia through SBI Ripple Asia. According to statistics, over 80% of banks in Japan have partnered with Ripple to use its technology for international remittances and settlements. The MoneyTap app under SBI has achieved a 24/7 instant transfer experience, completely breaking the time limits and high costs of traditional bank transfers.
At this time, the United States is facing pressure on its monetary system and global competition in fintech. If it fails to make good use of financial technology assets like XRP, its financial leadership may be surpassed by emerging forces in Asia.
In the future restructuring of finance, what can truly bring about systemic change may not be speculative currencies driven by price hype, but financial technology platforms like XRP that are deeply integrated into the underlying architecture of banks and enterprises, reshaping the logic of clearing and payments.
