THE SPECULATIONS AROUND THE

#Ripplenet XRP vs SWIFT

🖤In terms of transparency and security comparison

• SWIFT: Although SWIFT has high security, this system still relies on standardized messages (SWIFT message) and does not provide real-time transaction tracking for all parties.

• XRP: Thanks to blockchain, XRP transactions are publicly recorded on the XRP Ledger, providing traceability and real-time tracking while still ensuring security through encryption.

☑️Implementation and partnerships

• Ripple has partnered with over 300 financial institutions globally (to date), including major banks like Santander, Standard Chartered, and American Express, to test and implement payment solutions using XRP or RippleNet.

• Some banks have tested XRP to replace part of the SWIFT process, but there are no signs that SWIFT will be completely replaced.

• Promoting RippleNet: A global payment network competing with SWIFT

☑️Conclusion

XRP does not have a specific plan to “change” SWIFT in the sense of complete replacement, but is positioning itself as an alternative or supplement, focusing on speed, low cost, and liquidity efficiency. However, whether XRP can surpass SWIFT depends on many factors, including market acceptance, improvements from SWIFT itself, and the outcomes of the legal issues Ripple is facing. Currently, these two systems coexist, serving different needs in the global finance sector.