🚨 🔥 Alert for Traders 🙆
Let’s assume XRP suddenly decided to replace SWIFT. Let’s assume that happens. If XRP replaces SWIFT and FedNow, do you know what would happen? Let me mention some numbers.
XRP's ledger processes transactions in three to five seconds at almost no cost, making it much faster and cheaper than SWIFT. Thus, SWIFT processes 5 trillion dollars daily, or 1.25 quadrillion dollars annually. If you don't know what a quadrillion is annually, it's SWIFT.
If XRP captures 5 to 10% of the trading volume - let’s say just 10% of the trading volume, which is 1.25 trillion dollars annually - the demand for XRP, by the way, could be any of these other technologies we’re talking about. Analysts estimate that a market value of 10 trillion dollars could push the price of XRP to 100 dollars per token, with the possibility that a complete replacement could push it to 1000 dollars. Now, who are these analysts? I bet they own Ripple.
And that’s why they’re writing this. Hey, just because I’m saying the analysts say this doesn’t mean they’re completely right. But that’s the reality.
This is one way to look at what might happen. If that were to happen, it would be monumental.
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