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Ripple Eyes 14% of SWIFT’s Trillions for XRPL—Is XRP on the Verge of a Price Explosion?

  • Ripple CEO predicts XRPL could control 14% of SWIFT's global liquidity in five years.
  • XRP payment volume increases by 1,300% as institutions seek faster cross-border solutions.
  • Brad Garlinghouse emphasized XRPL's advantage in settling transactions in seconds compared to SWIFT's 1-5 days.
  • Ripple aims to change how value moves across borders, competing directly with SWIFT.
  • David Schwartz highlights the need for transparency in financial systems and the importance of auditing financial movements.
  • Community optimism grows amid reports of increased payment volume on XRPL.
  • Ripple has not partnered with SWIFT, but the possibility of XRP gaining market share remains strong due to dissatisfaction with high SWIFT fees.
  • Ripple positions XRPL as a faster and cost-effective alternative to SWIFT to attract more users.
  • Ripple launches a grant program for early-stage Web3 startups in Japan tied to the XRP Ledger.

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