{"id":37341,"date":"2025-07-16T20:46:47","date_gmt":"2025-07-16T20:46:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=37341"},"modified":"2025-07-16T20:46:47","modified_gmt":"2025-07-16T20:46:47","slug":"ripple-vs-swift-how-xrp-is-powering-the-next-wave-of-on-demand-settlements","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=37341","title":{"rendered":"Ripple Vs. SWIFT: How XRP Is Powering The Next Wave Of On-Demand Settlements"},"content":{"rendered":"
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XRP community member Avengers has drawn attention to how the altcoin is playing a major role in on-demand settlements. This comes as crypto firm Ripple<\/a> gains ground in its bid to topple SWIFT, which currently leads the way with its payment rails.\u00a0<\/p>\n

XRP\u2019s Role As Ripple Looks To Compete With SWIFT<\/h2>\n

In an X post<\/a>, Avengers said that XRP is quietly becoming the new backbone of cross-border finance as on-chain settlements, which are faster and cheaper, gain traction. He made this statement while also suggesting that SWIFT is losing transactions to Ripple. The crypto commentator noted that SWIFT transaction volume is down 15% while XRP Ledger (XRPL) activity<\/a> is surging.\u00a0<\/p>\n

Based on this, he declared that global payments are shifting on-chain. Ripple uses the XRP Ledger for its payment services<\/a>, which explains the momentum shift as the crypto firm gains ground. Meanwhile, as the XRPL\u2019s native token, XRP is also crucial to the crypto firm\u2019s payment services. The altcoin also plays a key role in the settlement of cross-border transactions.\u00a0<\/p>\n

It is worth noting that Ripple CEO Brad Garlinghouse had predicted<\/a> that XRP could take up to 14% of SWIFT\u2019s volume in the next five years. He explained that liquidity is what drives these payment solutions and that the altcoin could gain significantly if it drives the liquidity layer. This could also serve as a catalyst for the XRP price to rally higher.\u00a0<\/p>\n

A Ripple document<\/a> also recently surfaced, highlighting how the XRP price could increase due to organic demand. The firm expects demand for the altcoin to surge as it expands its payment services. Meanwhile, the report also noted that XRP already serves two functions: security and acting as a bridge currency on the XRPL.\u00a0<\/p>\n

XRP Gains Boost With Ripple\u2019s MiCA Plans<\/h2>\n

XRP is poised to gain momentum as Ripple seeks<\/a> to acquire a Markets in Crypto-Assets (MiCA) license, thereby expanding its operations into Europe. The crypto firm has already registered<\/a> its business in Luxembourg and will look to acquire this coveted European license through the country.\u00a0<\/p>\n

With a MiCA license, Ripple will be able to serve around 450 million users across the 27 European Union member states, a move that will further boost XRP\u2019s adoption. It is also worth mentioning that Ripple has applied<\/a> for a US national banking license, which could give the XRP price a lift.\u00a0<\/p>\n

Ripple is expected to secure more institutional partners<\/a> once it secures this banking license, with these institutions also adopting XRP in the process as part of the crypto firm\u2019s payment services. Partners like Japan\u2019s SBI<\/a> are already betting big on the altcoin, thanks to its partnership with the crypto firm.<\/p>\n

At the time of writing, the XRP price is trading at around $2.91, up almost 2% in the last 24 hours, according to data<\/a> from CoinMarketCap.<\/p>\n

\"XRP\"<\/div>\n","protected":false},"excerpt":{"rendered":"

XRP community member Avengers has drawn attention to how the altcoin is playing a major role in on-demand settlements. This comes as crypto firm Ripple gains ground in its bid to topple SWIFT, which currently leads the way with its payment rails.\u00a0 XRP\u2019s Role As Ripple Looks To Compete With SWIFT In an X post, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-37341","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37341"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37341\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}