Ripple CEO: XRP Could Capture 14% of SWIFT Volume In Just 5 years
At the 2025 APEX developer summit, Ripple CEO Brad Garlinghouse delivered a bold projection that sent ripples through the crypto and financial sectors alike. Speaking during an interview, Garlinghouse stated that XRP could capture up to 14% of SWIFT’s global volume within the next five years, a forecast that, if realized, would radically reshape the global payments landscape and fuel speculation about XRP’s long-term valuation.
The moment was highlighted by prominent XRP community voice JackTheRippler, who shared the clip on X. In the video, Garlinghouse explains that when thinking about SWIFT, the global financial messaging network, it’s essential to separate its messaging layer from its liquidity infrastructure. While SWIFT’s messaging service facilitates instructions between banks, the actual liquidity,i.e., the money movement, remains controlled by the banks themselves.
Garlinghouse made it clear that XRP’s value proposition lies in capturing the liquidity component. “Driving all the liquidity is good for XRP,” he said, before confidently estimating a 14% market share of SWIFT’s operations over the coming five years.
A New Era of Liquidity Optimization
Garlinghouse’s remarks align with Ripple’s long-standing thesis: that global financial institutions need faster, cheaper, and more transparent ways to move money, especially across borders. Traditional SWIFT transfers often take several days, involve high costs, and lack transparency. XRP, by contrast, settles in seconds with minimal fees and is particularly suited for corridors that suffer from illiquidity or high remittance friction.
By focusing on liquidity, Ripple positions XRP as not merely a messaging tool like SWIFT but as an actual bridge asset, capable of removing the need for pre-funded nostro/vostro accounts. This significantly reduces capital costs for financial institutions and enables real-time global settlements.
