Ripple CEO Brad Garlinghouse has projected a bold future for XRP, revealing that the digital asset could capture up to 14% of SWIFT’s market share within the next five years.
Speaking during a session filmed in Singapore, Garlinghouse outlined Ripple’s ambitions in the global financial ecosystem, particularly in reshaping how cross-border payments and liquidity are handled.
According to Garlinghouse, the current financial structure dominated by SWIFT consists of two key elements: messaging and liquidity. Although messaging will continue to be an important component of the SWIFT solution, the Ripple CEO said that the biggest disruption will be on the liquidity front.
He mentioned that Ripple is betting on the possessiveness of that liquidity layer, where XRP is a primary element, to enable faster and more transparent cross-border payments.
Also Read: XRPL Momentum is Real – Ripple CTO Breaks Down Major Achievements
Garlinghouse said that the financial market is moving to blockchain-based solutions, which provide real-time settlements. He detailed that the expanding use of XRP in this area is not bound purely theoretically but is supported by substantial use cases, particularly in remittance and institutional finance.
As adoption increases, XRP may establish a significant presence in the global liquidity market, which is currently dominated by SWIFT.
Ripple Chief Technology Officer David Schwartz shared these sentiments, noting that audibility and transparency were becoming increasingly important attributes in money transactions. Schwartz observed that the existing auditing systems are fragmentary and weak and based on sampled records.
In comparison, blockchain records offer a complete audit trail, which enables institutions to verify data without any breach. This upheaval is promoting a transition to digital assets such as XRP, which can enable trustless verification.
XRP’s Price Potential Backed by Utility Growth Scenarios
The projection that XRP could take 14% of SWIFT’s role has fueled renewed discussion around its long-term valuation. While Garlinghouse did not mention a specific price target, the video concluded with a ChatGPT-powered analysis that outlined several potential price ranges based on utility-driven scenarios.
In a case XRP is utilized only in On-Demand Liquidity (ODL), exchange-traded funds (ETFs), and tokenized real-world assets (RWAs), the estimated price of the asset may be situated between 12 dollars and 58 dollars.
Should the adoption of XRP extend to tokenized derivatives, the forecasted range is much higher at between $200 and $400.
Designating central bank digital currencies (CBDCs) and stablecoin payment rails would further drive the predicted worth of XRP to ranges of $500 to $980.
In the most aggressive model, in which strategic velocity reduction has been implemented, reducing the daily circulation of the token by 50 percent, the valuation potential is over $1,960.
Brad Garlinghouse’s forecast marks a bold stance on XRP’s expanding role in global finance. With predictions placing XRP’s market share at 14% of SWIFT in the next five years, and a detailed utility-based valuation model suggesting strong price potential, XRP may be entering a pivotal phase in its development as a global liquidity asset.
Also Read: Pundit Says XRP is the Real Bitcoin, Built to Replace the System
Also Read: Pundit Says XRP is the Real Bitcoin, Built to Replace the System
