This Crypto Millionaire Just Found Out XRP Is Replacing SWIFT

In a viral moment that captured the attention of the crypto world, self-acclaimed crypto millionaire Gordon posted on X: “I just found out XRP is replacing SWIFT.” This statement highlights a growing narrative in blockchain and fintech: Ripple’s XRP isn’t just a digital asset, but a potential game-changer for global payments, challenging SWIFT’s long-standing dominance. From Internet Buzz to Institutional Reality Gordon’s surprise may resonate with many retail investors and even industry observers who are only now grasping the scale of Ripple’s ambition and progress. For years, Ripple, the company behind XRP, has pursued one mission: to revolutionize cross-border payments. Its solution, built around XRP and the RippleNet network, addresses the limitations of the traditional banking infrastructure, namely, high fees, delayed settlements, and limited transparency. I just found out XRP is replacing SWIFT — Gordon (@AltcoinGordon) June 5, 2025 By contrast, SWIFT (the Society for Worldwide Interbank Financial Telecommunication) has served as the backbone of international banking since the 1970s, connecting over 11,000 financial institutions in more than 200 countries. Yet despite its global reach, SWIFT is increasingly viewed as outdated in the digital age, often requiring 2–5 days for settlement and involving multiple intermediary banks, each taking a cut and adding friction. Ripple’s On-Demand Liquidity (ODL) product eliminates the need for pre-funded accounts and facilitates instant cross-border transactions using XRP as a bridge currency. This makes it not just faster, but significantly more cost-efficient—qualities that give XRP a compelling edge in an evolving financial system. ISO 20022 and Ripple’s Strategic Positioning The shift to ISO 20022, a new global standard for electronic financial messages, has become a pivotal moment in this transformation. SWIFT itself is migrating to ISO 20022 by 2025, signaling a major update to the underlying messaging language of global banking. Notably, Ripple is one of the few blockchain firms registered as a member of the ISO 20022 Standards Body. This isn’t a minor footnote. It means Ripple’s technology is not just interoperable with the future of global finance, it’s helping define it. XRP’s advanced integration and forward-thinking design make it well-suited to complement or potentially replace traditional systems such as SWIFT in specific payment corridors. Ripple’s Expanding Global Footprint Far from being a hypothetical solution, Ripple’s ecosystem is already in operation across dozens of corridors worldwide. Banks and payment providers in regions such as Southeast Asia, Latin America, Africa, and the Middle East are using RippleNet and XRP to facilitate remittances, corporate payments, and real-time settlements . Strategic partnerships with institutions like SBI Holdings in Japan and Tranglo in Asia have further validated Ripple’s model. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Moreover, Ripple’s collaboration with central banks underscores its expanding influence in official monetary ecosystems. Each of these steps demonstrates that Ripple’s roadmap isn’t just theoretical; it’s active, tested, and scaling. XRP vs. SWIFT: A Technological Showdown While SWIFT continues to rely on batch processing and multiple hops between correspondent banks , XRP transactions settle in seconds, with full traceability on a decentralized ledger. This not only improves operational efficiency but also strengthens compliance with anti-money laundering (AML) and know-your-customer (KYC) protocols. Even as SWIFT experiments with blockchain pilots and tokenization trials, Ripple is already delivering the kind of real-time, low-cost, and transparent transactions financial institutions need. The technology is here. The use cases are proven. And the regulatory outlook, once a cloud over XRP’s future, is beginning to clear. The Future Is Already in Motion Gordon’s post may have come off as a late realization, but it encapsulates a larger truth: what was once a fringe belief among XRP loyalists is steadily becoming institutional consensus. Ripple doesn’t need to destroy SWIFT to succeed, it only needs to outperform it where it matters most. And increasingly, it is doing exactly that. The crypto millionaire’s discovery is symbolic of a broader awakening within the investment community. XRP is no longer just a speculative asset; it’s part of a fully operational payment ecosystem that challenges the dominance of SWIFT. Whether XRP outright replaces SWIFT or works alongside it in a new global financial paradigm, one thing is clear: the rules of money movement are changing, and XRP is right at the center of that transformation. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post This Crypto Millionaire Just Found Out XRP Is Replacing SWIFT appeared first on Times Tabloid .

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