Ripple Boosts XRP with On-Demand Settlements and SWIFT Alternative
Ripple has accelerated XRP adoption by leveraging its XRP Ledger for on-demand cross-border settlements. Following a 30% rally that outpaced BTC and ETH, XRP secured a $168 billion market cap, driven by deep liquidity, institutional investments and ISO 20022 integration via Fedwire-as-a-Service. SWIFT transaction volumes have fallen 15% even as XRP ledger activity surges, with Ripple CEO Brad Garlinghouse forecasting a 14% SWIFT traffic share within five years. Ripple has applied for a US national bank charter, is pursuing a MiCA license in Luxembourg for 450 million EU users, and formed partnerships such as with Japan’s SBI. A record $8.1 billion in futures open interest, growing treasury allocations, ETF launches and the RLUSD stablecoin’s $517 million market cap underscore XRP’s expanding utility and regulatory progress.
Bullish
This news is bullish for XRP. The integration into Fedwire-as-a-Service and ISO 20022 compliance drive immediate on-chain demand, while record futures open interest and rising treasury allocations point to sustained buying pressure. Pursuit of a US banking charter and EU MiCA approval enhances institutional confidence and regulatory clarity, supporting long-term adoption. Partnerships and ETF launches provide standardized investment vehicles, further reducing barriers. Together, these developments underpin both short-term momentum and lasting bullish sentiment.