Central banks are considering Ripple as an alternative to SWIFT for facilitating international payments.
A joint research initiative by the European Central Bank and the Bank of Japan, called Project Stella, studied Ripple's DLT for cross-border transactions alongside SWIFT.
Ripple's instant settlement system through RippleNet offers faster, more transparent, and cheaper cross-border payments compared to SWIFT.
X Finance Bull's social media post hints at potential XRP integration in global financial systems, leading to price speculations amidst recent positive price movements.