🚨 🔥 Attention traders 🙆
Let's just say that XRP suddenly decides to replace SWIFT. Let's assume that happens. If XRP replaces SWIFT and FedNow, do you know what happens? Let me give you some numbers here.
The XRP ledger processes transactions in three to five seconds at almost no cost, making it significantly faster and cheaper than SWIFT. Thus, SWIFT processes $5 trillion daily, or $1.25 quadrillion annually. If you didn't know what it was, quadrillion annually, SWIFT.
If XRP captures 5 to 10% of the volume, let's just say 10% of the volume, $125 trillion annually, the demand for XRP, by the way, could be any of those other technologies we're talking about. Analysts estimate that a market value of $10 trillion could push the price of XRP to $100 per token, with total replacement potentially raising it to $1,000. Now, who are these analysts? I'm willing to bet that these analysts own Ripple.
And that's why they're writing this. Hey, just because I say analysts say this doesn't mean they are 100% right. But that's it.
It's a way to look at what could happen with this. If this were to happen, it would be a big deal.
