XRP’s Potential: What if it Handles Just 1% of SWIFT’s Volume?

Could XRP play a significant role in the future of global finance? The idea is gaining traction, with many analysts and industry figures considering how XRP could interact with existing cross-border payment systems. Ripple, the company behind XRP, has consistently emphasized that XRP complements SWIFT rather than competing with it. 2019’s Paris Fintech Forum saw CEO Brad Garlinghouse reiterate this point, stating their aim was not to displace SWIFT but to boost its efficiency in global transactions.