Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Researcher Says Thinking SWIFT Is an XRP Killer Is Hilarious

Researcher Says Thinking SWIFT Is an XRP Killer Is Hilarious

CryptoNewsNetCryptoNewsNet2025/10/03 12:30
By:thecryptobasic.com

A widely followed XRP researcher has dismissed claims that SWIFT’s new blockchain ledger threatens XRP.

The view argues that the token’s value extends far beyond simply competing with banks. For context, global payments giant SWIFT unveiled plans earlier this week for a blockchain-based shared ledger backed by more than 30 major banks, including JPMorgan and Santander.

The initiative, developed in collaboration with Consensys, aims to create a real-time transaction log that can interoperate with both fiat and digital assets.

His remarks reflect the view among XRP supporters that Ripple’s vision was never limited to direct competition with SWIFT. Instead, it included building liquidity solutions, remittance rails, and broader ecosystem use cases.

Very true!

— Anders 🏁🌏 (@X__Anderson) October 1, 2025

Why XRP Doesn’t Need to Replace SWIFT

Analysts argue that XRP’s value proposition extends far beyond replacing SWIFT’s infrastructure. These are some of the areas the token shines:

Retail Remittances: XRP is already used in migrant-heavy markets such as the Philippines and Mexico to reduce settlement times and costs. Platforms like goLance have confirmed they use XRP for freelancer payments in underserved markets.

Corporate Solutions: Small and mid-sized firms rely on efficient cross-border settlement. For instance, Japan’s SBI has already rolled out XRP-based remittances across Southeast Asia.

XRPL Ecosystem: The growth of decentralized exchanges, automated market makers, DeFi staking, and tokenization on the XRPL continues to expand XRP’s utility, regardless of bank adoption.

Digital Economy: XRP’s low fees and fast speeds make it a good fit for things like streaming, gaming, and smart devices that need quick, small payments.

Essentially, while Ripple executives have long positioned XRP as a faster and cheaper alternative to SWIFT, that narrative now faces headwinds due to SWIFT’s new blockchain ambitions. Yet, XRP’s alternative paths may prove just as significant.

As transaction fees gradually burn supply and the XRPL ecosystem grows, XRP continues to thrive in areas where traditional banking systems remain slow or costly.

Community Reactions

Meanwhile, community members responding to Anderson’s post also shared their perspectives. One commenter argued that the truly laughable claim was XRP’s original ambition of becoming a “SWIFT killer.”

Thinking XRP is a SWIFT killer is hilarious.

— Elephant (@808crypto) October 2, 2025

This view resonated with many who believe XRP holders were misled into thinking it would replace traditional banks.

Critics said this belief was both unrealistic and overconfident, pointing out that major banks wouldn’t simply hand over control to a new player. Instead, they could improve their own systems or create their own blockchains to achieve faster transactions.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Balancer’s $8 Million Compensation Proposal Sheds Light on Weaknesses in DeFi Security Assessments

- Balancer proposes $8M reimbursement plan for liquidity providers impacted by its $128M exploit, marking first concrete response to 2025's largest DeFi breach. - $28M in stolen assets recovered via white hats and third-parties, with StakeWise separately returning $19.7M in osETH/osGNO to users. - Exploit exploited rounding vulnerabilities in Stable Pools, exposing audit limitations as 11 external reviews failed to detect the sophisticated attack. - Reimbursements will be distributed proportionally via BPT

Bitget-RWA2025/11/28 09:12

BAT Breaks Away from Altcoin Downturn: Privacy Focus Fuels Rapid Growth Beyond Market Rebound

- BAT surged over 100% since October 11, nearing 2025 highs, driven by Brave's 101M+ monthly active users and 42M daily active users. - Brave's ecosystem expansion (search, AI assistant, wallet) boosted BAT's utility as privacy tool and social rewards mechanism. - BAT outperformed altcoins with 53.4% weekly gain, fueled by user-earned ad rewards and direct creator tipping bypassing traditional networks. - On-chain data shows 72.32% 24h transfer increase, but challenges include privacy browser competition a

Bitget-RWA2025/11/28 09:12
BAT Breaks Away from Altcoin Downturn: Privacy Focus Fuels Rapid Growth Beyond Market Rebound

Dogecoin News Today: Meme Coins Achieve Recognition as Institutional Investors and ETFs Drive Market Changes for 2025

- WLFI's acquisition of Solana-based meme coin SPSC triggered a 139.8% price surge, highlighting institutional interest in meme tokens. - Binance's listing of Dank Penguin and BNBHolder boosted their market caps past $5 million, showcasing exchange-driven momentum in meme coin ecosystems. - Dogecoin's ETF debut via Bitwise's BWOW and Grayscale's GDOG signals growing institutional validation, despite mixed initial performance compared to Solana/XRP ETFs. - 2025 could solidify meme coins and altcoin ETFs as

Bitget-RWA2025/11/28 08:52
Dogecoin News Today: Meme Coins Achieve Recognition as Institutional Investors and ETFs Drive Market Changes for 2025

Bitcoin News Today: Bitcoin Whale Bets $84 Million—Sign of Faith or Disaster Looming?

- A Bitcoin whale opened an $84.19M 3x leveraged long on Hyperliquid after securing $10M in profits, amplifying market volatility and liquidity risks. - Other whales added 20x-25x leveraged positions totaling $75M in BTC/ETH, reflecting heightened confidence in short-term price resilience amid December 2025's 3.64% BTC and 3.79% ETH gains. - Analysts debate the rally's sustainability, citing weak Sharpe ratios (-36% Bull-Bear Index), 30% drawdown from peaks, and structural liquidity challenges favoring ran

Bitget-RWA2025/11/28 08:52
Bitcoin News Today: Bitcoin Whale Bets $84 Million—Sign of Faith or Disaster Looming?