Ripple CEO Seeks 14% Market Share in Cross-Border Payments

Ripple is aiming to significantly disrupt the global payment landscape, with its CEO Brad Garlinghouse setting his sights on a 14% market share of the cross-border payments sector. This ambitious goal reflects Ripple’s commitment to challenging SWIFT’s dominance and leveraging XRP as a cost-effective alternative for faster and more efficient international transactions. Garlinghouse stated that Ripple aims to capture a substantial portion of the $1.3 trillion annual global payment market, signaling their ambition for significant market penetration.