SWIFT Is Losing Transactions to XRP Ledger. Here’s the Latest

In a recent post on X, XRP Avengers reported that SWIFT’s transaction volume has dropped by 15%, while activity on the XRP Ledger (XRPL) is rapidly accelerating. This shift underscores a quiet but powerful transformation in the global payments landscape: faster, cheaper, and blockchain-based settlement via XRP is emerging as a formidable alternative to traditional banking infrastructure. SWIFT’s Declining Grip on Global Payments For decades, SWIFT has served as the backbone of international finance. With over 11,000 financial institutions in more than 200 countries, it has been the go-to system for secure messaging between banks. However, SWIFT is not a settlement system; it merely transmits payment instructions, and the actual fund transfers rely on a sluggish network of correspondent banks. Even with the introduction of its GPI (Global Payments Innovation) upgrade, settlement times still span one to five days, and fees remain high. SWIFT IS LOSING TRANSACTIONS TO RIPPLE? SWIFT transaction volume is down 15% while #XRPLedger activity is surging. Faster, cheaper, and on-chain, $XRP is quietly becoming the new backbone of cross-border finance. Global payments are shifting! — XRP Avengers (@XRP_Avengers) July 14, 2025 The reported 15% drop in SWIFT’s volume, according to XRP Avengers, may signal an erosion of confidence in legacy financial rails. A growing number of institutions and payment providers are now looking toward blockchain-based solutions for faster and more cost-effective settlement. XRP Ledger Gains Serious Traction The XRP Ledger, by contrast, offers a radically more efficient payment experience. Transactions settle in 3–5 seconds, fees are often less than a penny, and there’s no need for intermediary banks. With its native token, XRP, providing on-chain liquidity, the XRPL is increasingly being integrated into real-world payment networks. At the 2025 Apex XRPL Summit in Singapore, Ripple CEO Brad Garlinghouse predicted that the XRP Ledger could capture 14% of SWIFT’s total transaction volume over the next five years. Given that SWIFT processes over $150 trillion annually, this would represent a shift of more than $21 trillion into the XRPL ecosystem. What This Could Mean for XRP If XRP were to handle even a fraction of this volume, the implications would be immense . Based on average token velocity and liquidity needs, experts suggest that XRP’s price could surge into the double digits, with estimates ranging from $11 to $25 per token. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 That’s assuming XRP is reused around 30 times per year for payments, a conservative figure in high-frequency environments. Such a scenario would not only transform the XRP market but would also challenge the dominance of traditional settlement mechanisms like SWIFT. The Structural Shift Is Underway The appeal of XRPL lies in its real-time settlement , cost efficiency, transparency, and interoperability. It removes the need for pre-funded accounts, reduces operational overhead, and enables financial institutions to track payments end-to-end, all in a single, unified ledger. RippleNet, Ripple’s network that integrates XRPL with financial institutions, is expanding rapidly and already facilitates billions in institutional transfers. XRP’s Rise Is No Longer Speculative SWIFT’s decline and XRP Ledger’s growth are no longer just theories; they’re measurable trends. As XRP Avengers noted, global payments are shifting, and XRP is positioning itself at the center of this new financial era. If the current pace of adoption continues, XRPL could soon be more than an alternative; it could become the new backbone of cross-border finance. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post SWIFT Is Losing Transactions to XRP Ledger. Here’s the Latest appeared first on Times Tabloid .

Source: TimesTabloid