Ripple has confirmed its intention to replace the SWIFT network as the dominant infrastructure for cross-border payments. This was revealed by Eric van Miltenburg, Ripple’s SVP of Strategic Initiatives, during a panel discussion at the 2025 World Economic Forum in Davos.
According to Van Miltenburg Ripple’s platform operates as an independent solution that replaces SWIFT instead of complementing it. Ripple delivers transaction solutions at lower costs with faster speeds which modern banking institutions require according to him. His description of Ripple as a “SWIFT update or replacement” drew immediate attention from the XRP community.
Crypto Eri, a well-known figure in the XRP space, shared the panel clip and commented that Ripple’s approach leaves no room for partnership with SWIFT. Through their acquisition of Hidden Road the company achieved access to traditional financial systems which does not require legacy middleman services.
According to analyst Arthur XRP Ripple has from its inception sought to avoid using old-fashioned financial processes. Through its On-Demand Liquidity (ODL) service which functions using XRP for instant settlements Ripple enables banking institutions to eliminate both slow and costly correspondent banking practices.
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$15K XRP? Expert Predicts Massive Price Surge if Ripple Replaces SWIFT
DigitalG, a former London-based fund manager, projected that XRP could exceed $15,000 if it replaces SWIFT in global settlements. SWIFT currently handles over $5 trillion in daily transactions across more than 11,000 institutions worldwide.
He explained that XRP’s structure, which allows it to be divided into tiny units called “drops,” makes it capable of handling massive volumes. However, he acknowledged the need for Ripple to enhance scalability and resolve its legal battle with U.S. regulators.
Despite these hurdles, XRP’s growing adoption and Ripple’s clear strategic direction have reignited optimism. Industry focus now shifts to how Ripple executes this vision and how regulatory clarity may accelerate adoption.
Also Read:e Ripple’s RLUSD Stablecoin Goes Live on Aave V3 Ethereum Market with Strict Supply Limits
