Ripple CEO Brad Garlinghouse asserted that the XRP Ledger (XRPL) could capture 14 percent of the global liquidity market currently held by SWIFT within five years. Speaking at the XRP Ledger Apex 2025 conference in Singapore, Garlinghouse emphasized that Ripple focuses on enhancing liquidity solutions to facilitate cross-border payments. He mentioned that while SWIFT may have won the messaging war, absolute power lies in liquidity, which is the category Ripple aims to dominate.
Ripple's broader vision revolves around using the XRPL to provide faster and cheaper cross-border transaction solutions. Garlinghouse stated that redefining international value transactions will rely on shifting control of messaging to liquidity. This model disrupts the traditional banking system, which can take days to settle and is quite costly.
Emphasis on institutional and affordability aspects
Ripple focuses on institutions. It provides on-demand liquidity by using XRP as a bridge currency to enable cross-border payments in seconds instead of days. This model contrasts with older systems like SWIFT, which may involve multiple intermediaries and lengthy processing times.
The confirmation of XRP transactions usually takes a few seconds, which is a significant benefit compared to the 1-5 business days that traditional systems provide. The time and cost savings of transactions offer a powerful alternative for large-volume financial institutions. This has seen the XRPL achieve significant usage with XRP payment volume increasing by 1,300 percent over the past few months, reaching $4.11 billion.
Market challenges and prospects
Ripple's ambitions are vast. The global cross-border payment system SWIFT is easily the most widely used system and has decades of institutional integration and regulatory coordination. Ripple will be forced to demonstrate how the XRPL can be efficiently scaled without losing regulatory compliance across various financial regions.
Furthermore, reputable members of the XRP community have dismissed rumors regarding Ripple's integration or collaboration with SWIFT.
XRP community members have dismissed rumors about Ripple collaborating or integrating with SWIFT. There has been no official announcement regarding any partnership, and current activities seem aimed at developing Ripple's independent infrastructure.
Ripple's Chief Technology Officer David Schwartz also lamented the complexity of auditing related to financial transactions. To achieve greater institutional acceptance, he noted that the transparency and traceability of blockchain-based transactions must meet regulatory expectations.
Technical indicators support XRP's strength.
The technical outlook for the XRP/USDT chart remains strong. At the beginning of 2025, XRP made a strong breakout and traded above $2.20. The MACD indicator is bullish, and the Relative Strength Index (RSI) shows potential for further gains.
The market has been consolidated, which may indicate that it will continue to rise as long as positive sentiment and volume are maintained. With a strategic entry into the liquidity market, Ripple is transforming the XRPL into a competitor in cross-border capital flow conversions.
