At the XRP Ledger Apex 2025 symposium, Ripple CEO Brad Garlinghouse said that the blockchain protocol, which facilitates cross-border money transfers, could take 14% of SWIFT's worldwide liquidity in five years.
SWIFT facilitates financial institution communication worldwide. The system lets banks, payment providers, and other financial institutions exchange international financial transaction data, including money transfers, payments, and securities settlements.
Payments network RippleNet has hundreds of partner banks worldwide. The blockchain company limits access to the XRP-based On-Demand Liquidity (ODL) mechanism to a few participants. MoneyGram, Santander, and SBI Holdings use ODL.
“SWIFT today has two components: Messaging and liquidity,” Garlinghouse said. Banks own liquidity. I prioritize liquidity above communicating. Driving liquidity helps XRP. So, 14% in five years, he said.
Ripple and the XRP Ledger (XRPL) have been touted as SWIFT replacements or integration into existing systems because to their cheap cost and high transaction throughput.
Since SWIFT is adopting blockchain, such an interconnection is improbable. The November ISO 20022 update may include blockchain technology, according to the payments platform.
XRP and similar financial instruments are gaining popularity as institutions implement treasury fund strategies. Trident Digital Tech Holdings (NASDAQ: TDTH), a technology optimization and Web3 activation business, established a $500 million XRP Treasury, according to GlobalNewswire.
The Singaporean business selected Chaince Securities LLC as fund strategic adviser.
Trident anticipates the program to launch in the second part of the year, pending regulatory clearance, compliance, and market circumstances.
“Through this initiative, Trident aims to demonstrate how public companies can thoughtfully and responsibly participate in the ongoing development of decentralized finance,” founder and CEO Soon Huat Lim stated in a news statement.
