Ripple’s CEO believes XRP is on track to secure 14% of SWIFT’s cross-border payments market within the next five years, as its liquidity begins to surpass that of traditional messaging systems in the global financial landscape.
Ripple CEO Says XRP Poised to Capture 14% of SWIFT’s Market by 2030
Last week at the XRP APEX 2025 event in Singapore, Ripple CEO Brad Garlinghouse expressed strong confidence in XRP’s role within global payments, presenting it as a key beneficiary of changing liquidity trends. He emphasized the growing importance of digital assets in cross-border transactions and argued that liquidity now holds greater value than traditional messaging systems in today’s financial environment. Garlinghouse’s remarks positioned XRP as a potential replacement for long-standing systems like the Society for Worldwide Interbank Financial Telecommunication (SWIFT), which has historically dominated interbank communication and settlement.
The Ripple CEO clarified, “SWIFT today consists of two components: messaging and liquidity. Banks control the liquidity. I focus less on the messaging and more on the liquidity aspect. When you control the liquidity flow, it ultimately benefits XRP.”
I’ll say five years, 14%.
He added:
Garlinghouse’s focus on liquidity underscores a fundamental drawback of SWIFT—a network that handles communication between financial institutions but doesn’t transfer funds directly. The SWIFT system depends on numerous intermediaries, manual procedures, and often lacks unified messaging standards, which makes it prone to delays, high transaction costs, and operational errors.
In a blog post published in May, Ripple echoed these concerns, characterizing SWIFT’s infrastructure as obsolete and out of step with the needs of today’s global commerce.
Most cross border payments still rely on manual processes. A typo in an account number, an incorrect SWIFT code or incomplete payment instructions can all cause a transaction to fail.
The company wrote:
The crypto company presented its blockchain-powered Ripple Payments platform as a cutting-edge solution, using XRP and the Ripple USD (RLUSD) stablecoin to facilitate real-time, transparent, and cost-effective cross-border settlements. The system claims to reach more than 90% of global foreign exchange markets and aims to minimize operational risk.
