Ripple CEO Maps Out 5-Year Vision: XRP to Capture 14% of SWIFT

- Garlinghouse mentions the possibility of XRP handling 14% of SWIFT's transaction volume - XRP expected to see increased revenue from regulatory easing [Unblock Media] Ripple CEO Brad Garlinghouse stated at the APEX 2025 conference in Singapore that XRP could handle 14% of SWIFT's global transaction volume within the next five years. He explained that SWIFT's current system comprises two elements: messaging and liquidity, and emphasized that if XRP leads in the liquidity aspect, a transition from the traditional system is possible. This projection highlights the growing institutional adoption of RippleNet. Ripple's On-Demand Liquidity service, which uses XRP as a bridge asset, enables nearly instant international remittances unlike the traditional SWIFT system, and has lower fees as it bypasses intermediary banks. RippleNet is currently used by over 100 financial institutions worldwide, processing over a million transactions daily. Partner companies include Santander, SBI Remit, and Pyypl, with these partnerships being part of Ripple's strategy to establish XRP as a global liquidity tool. XRP's potential for utilization is particularly high in emerging markets with less developed banking infrastructure. Garlinghouse’s optimistic outlook is also attributed to regulatory easing. In July 2023, a US court ruled that the secondary market sale of XRP does not constitute a securities transaction. Following this, Ripple secured a digital payment license from the Monetary Authority of Singapore, and in March 2025, XRP was included in the list of qualified digital assets that US institutions can hold. However, XRP still faces competition from other blockchain-based payment networks like Stellar, Ethereum, and Solana, all vying for a share of the international remittance market. SWIFT itself is undergoing a significant upgrade by adopting the ISO 20022 messaging standard to improve the speed and transparency of international payments. Garlinghouse’s claim of a 14% market share is ambitious but based on current trends. If payment times decrease, transaction costs lower, partnerships expand, and regulatory clarity increases, XRP could establish itself as a significant player in the global financial market. Realizing this vision will require continuous infrastructure integration, global regulatory harmonization, and the establishment of trust in blockchain-based financial services.