{"id":38261,"date":"2025-07-22T23:01:31","date_gmt":"2025-07-22T23:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=38261"},"modified":"2025-07-22T23:01:31","modified_gmt":"2025-07-22T23:01:31","slug":"how-ripple-is-taking-on-swift-to-grab-14-market-share-as-xrp-price-surges","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=38261","title":{"rendered":"How Ripple Is Taking On SWIFT To Grab 14% Market Share As XRP Price Surges"},"content":{"rendered":"
\n

XRP\u2019s breakout above its long-standing ceiling of $3.40 is more than just a price milestone.<\/a> It\u2019s a symbol of Ripple\u2019s shifting narrative from underdog disruptor to serious challenger of traditional financial networks like SWIFT.\u00a0<\/p>\n

On July 18, XRP surged to a new all-time high of $3.65, and it has since held strong above its previous peak of $3.40. This price milestone comes as Ripple is expanding its <\/a>global footprint through a combination of advanced payment infrastructure, huge partnerships,<\/a> and the growing utility of XRP in real-world financial transactions. Ripple is now eyeing up to 14% of the global cross-border payments market, and the implications for SWIFT\u2019s long-held dominance are becoming harder to ignore.<\/p>\n

Ripple Is Challenging SWIFT\u2019s System<\/h2>\n

While speaking at a recent summit, Ripple CEO Brad Garlinghouse asserted that Ripple plans to capture up<\/a> to 14% of SWIFT\u2019s current cross-border volume within five years. SWIFT has long dominated international money transfers by acting as a messaging system that routes instructions between correspondent banks. Ripple, on the other hand, offers a fully integrated infrastructure through its On-Demand Liquidity (ODL) network, which uses XRP as<\/a> a bridge currency. This bypasses the need for pre-funded nostro accounts and speeds up transactions to mere seconds, with low average fees of just $0.0002.\u00a0<\/p>\n

SWIFT transactions can take days and come with hefty costs; Ripple\u2019s approach is faster, cheaper, and more efficient. According to an XRP 101 guide posted<\/a> on the social media platform X by crypto commentator John Squire, the main problem XRP solves is making near-instant, low-cost transfers across borders. This, in turn, makes it attractive to traditional banks and institutions.<\/p>\n

Banks Tapping In To Ripple\u2019s Real-World Utility<\/h2>\n

Interestingly, recent developments in the banking world<\/a> have seen Ripple inching closer every day to its goal of capturing a 14% share of the $150 trillion cross-border payments market. The clearest sign of Ripple\u2019s success <\/a>is its growing use for remittance, mostly in regions where banking inefficiencies are most pronounced.\u00a0<\/p>\n

In the Philippines, for instance, UnionBank has become the first fully licensed virtual-asset bank and has adopted RippleNet and ODL to support faster inbound transfers. ChinaBank, another bank in the Philippines, in collaboration with Qatar National Bank, has implemented XRP-backed transfers to eliminate intermediary banks for transactions between Qatar and the Philippines.<\/p>\n

In India, major private banks like Yes Bank and Axis Bank are using XRP to support live remittance corridors linking the country to Southeast Asia, Mexico, and Brazil.\u00a0<\/p>\n

Interestingly, Ripple is also deepening its reach in Brazil and other countries in Latin America. Travelex Bank in Brazil, the first FX-focused bank licensed to use ODL in the region, relies on XRP to remove the need for pre-funded liquidity. In Mexico, Ripple\u2019s partnerships with local non-bank financial entities support real-time payouts using XRP.\u00a0<\/p>\n

Even in the Middle East<\/a>, where regulatory compliance is very tough, institutions like LuLu Exchange, Zand Bank, and Mamo have adopted Ripple\u2019s payment infrastructure for regulated settlements, largely focused on APAC and global remittance corridors.<\/p>\n

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

XRP\u2019s breakout above its long-standing ceiling of $3.40 is more than just a price milestone. It\u2019s a symbol of Ripple\u2019s shifting narrative from underdog disruptor to serious challenger of traditional financial networks like SWIFT.\u00a0 On July 18, XRP surged to a new all-time high of $3.65, and it has since held strong above its previous […]<\/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-38261","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\/38261","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=38261"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38261\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}