XRP Aims to Be the SWIFT of Global Banking — Quietly Outperforming BTC & ETH During a recent CNBC Fast Money segment , correspondent Mackenzie Sigalos highlighted a bold ambition: XRP wants to become the SWIFT of the international banking system. For decades, global banks have relied on SWIFT to move money across borders, from dollars to yen or euros. While secure, SWIFT transactions can take days to settle. XRP, however, promises to cut that time to mere seconds. XRP’s edge lies in its unique blockchain, designed for speed and efficiency. Unlike Bitcoin or Ethereum, which can suffer congestion and high fees, XRP acts as a bridge currency, enabling near-instant transfers between banks. As CNBC’s Sigalos notes, it settles transactions almost instantly, making it a practical, cost-effective alternative for cross-border payments and remittances, not just a speculative asset. Well, XRP’s speed and low fees are attracting investors and institutions alike. Outpacing Bitcoin and Ethereum recently, it handles thousands of transactions per second with minimal costs, making it a preferred choice for banks seeking faster, more efficient international transfers. Notably, XRP isn’t just theoretical, RippleNet is actively partnering with banks worldwide to streamline cross-border payments. Unlike crypto focused on speculation, XRP’s real-world adoption is driving institutional engagement, hinting at potential market momentum. XRP aims to revolutionize global banking with near-instant settlements, low fees, and scalable infrastructure. Former SWIFT CEO Gottfried Leibbrandt predicts the network will adopt cryptocurrencies like XRP once regulations stabilize. Why does this matter? Well, XRP’s push to become the ‘SWIFT of banking’ isn’t just ambition, it’s a strategic move poised to redefine global money transfers. With its quiet outperformance, XRP signals growing influence that could extend well beyond crypto markets, attracting both investors and financial institutions. Conclusion XRP isn’t just another crypto, it’s redefining cross-border payments. With near-instant settlements, minimal fees, and rising institutional adoption, it challenges SWIFT’s decades-long dominance. Outperforming Bitcoin and Ethereum quietly, XRP signals a shift in global finance toward speed, efficiency, and real-world utility. Investors and banks watching XRP now could gain a front-row seat to the future of banking.
