Ripple CEO Projects XRP Ledger Could Handle $21 Trillion Annually if It Captures 14% of SWIFT’s Payments Volume
Ripple CEO Brad Garlinghouse recently stated that the XRP Ledger (XRPL) could process up to 14% of SWIFT’s global payment volume within five years, reshaping the cross-border payments landscape. SWIFT currently moves approximately $150 trillion annually; 14% of this would mean around $21 trillion per year, or $58 billion daily, flowing through the XRPL. Market analysis using xAI’s Grok estimates that achieving this market share would require a steady annual increase and a liquidity base near $700 billion, assuming XRP tokens are recycled 30 times a year. In response, price models suggest if utility and liquidity demand grow in proportion to facilitated volume, XRP could reach prices between $12 and $24. However, some analysts caution the landscape remains competitive, with technologies like Chainlink also partnering with SWIFT. The news has fueled optimism among XRP traders about significant long-term growth, but the scenario remains speculative and depends on XRP’s ability to scale and maintain its competitive position. Traders should remain aware of both the opportunities and uncertainties presented by this ambitious projection.
Bullish
The news is bullish for XRP as it outlines a scenario in which the XRP Ledger could capture a substantial share (14%) of SWIFT’s global payments volume. This projection, supported by detailed transaction and liquidity analysis, would significantly boost both transactional utility and network valuation. Historically, similar announcements of potential mainstream adoption—such as Ripple’s expanding partnerships or major banks integrating distributed ledger technology—have led to price upticks and increased trading activity for XRP. While the actual realization of this market share remains uncertain and subject to competition, the narrative supports positive sentiment in both the short and long term. Traders are likely to view this as a fundamental driver, increasing speculative interest while also enhancing long-term holding convictions.