Ripple CEO Predicts XRP to Capture 14% of SWIFT Volume in Five Years

Ripple CEO Brad Garlinghouse has predicted that XRP, Ripple’s cryptocurrency, could capture 14% of the global SWIFT payment network’s volume within the next five years. This represents a significant ambition for Ripple in the global payments market, where it competes against established giants. This projection rests on Ripple’s strategy to expand XRP’s adoption as a fast, efficient, and cost-effective payment solution. The company relies on partnerships with global financial institutions to drive XRP usage in international transactions. However, this prediction is forward-looking and contingent on various factors, including regulatory landscapes and technological advancements within the cryptocurrency market. Nevertheless, it showcases Ripple’s confidence in XRP’s potential to gain substantial market share in the global payments sector.