Analyst Vincent Van Code challenges the narrative surrounding the SWIFT vs. Ripple debate, highlighting the fundamental flaws of traditional banking infrastructure. He argues that SWIFT isn’t a payment system; it merely acts as a messaging network directing banks on how to settle transactions through their own correspondent relationships. This intricate network results in lengthy settlement times, often exceeding two days due to multiple intermediary institutions involved and various compliance checks. 2025 saw the potential of Ripple technology shine through when Van Code illustrated its efficiency. In comparison, Ripple’s system eliminates the need for intermediaries, allowing users to convert yen into XRP instantly before transferring it across the XRP Ledger and then converting into Australian dollars almost instantaneously. The whole process takes less than 10 seconds. While this is a simplified explanation of an incredibly complex issue, Van Code emphasizes that building a compliant framework for global adoption of Ripple’s technology remains a significant hurdle to overcome. He compares Ripple’s mission to other groundbreaking technologies like space exploration or autonomous vehicles, acknowledging the immense effort required for success. He believes Ripple’s ambition goes beyond just competing with SWIFT; it’s about revolutionizing international finance through its unique platform. The thread sparked debate in the XRP community, with some users who have been using SWIFT for years highlighting its inefficiency and slow processing times, especially during weekends or holidays. Van Code affirmed that even with recent improvements, SWIFT remains outdated. In his analysis of Ripple’s potential, Van Code uses insightful analogies to highlight its transformative impact on international finance. He compares it to SpaceX in space exploration or Tesla in electric cars, emphasizing the disruptive nature of Ripple’s technology. While SWIFT continues to dominate for now, as more banks explore alternative solutions and regulatory frameworks develop, Van Code suggests Ripple’s ambition might be to not just compete with SWIFT but potentially replace or significantly augment it. The article was published on CaptainAltcoin, a prominent crypto news platform.