X Finance Bull (@Xfinancebull), a prominent cryptocurrency influencer, recently shared a post on X that directly challenges the role of SWIFT in global finance. The post highlights the transformative potential of XRP and Ripple’s Interledger Protocol (ILP), positioning them as not merely an evolution but a complete replacement of the traditional banking infrastructure. The captioned image contrasts SWIFT and XRP with ILP, underscoring significant differences in transaction speed, cost, transparency, and interoperability. SWIFT transactions take one to five days to settle, while XRP with ILP achieves the same in seconds. SWIFT takes 5 days. $XRP + ILP takes 5 seconds. That’s not evolution. That’s REPLACEMENT Ripple is building a payment highway where banks, blockchains, and digital wallets move value instantly with no middlemen, no delays, no friction. #XRP isn’t here to patch the legacy… pic.twitter.com/6qEIXVMZWh — X Finance Bull (@Xfinancebull) March 30, 2025 Costs are also drastically lower, as SWIFT transactions can range from $10 to $50, whereas XRP transactions cost only fractions of a cent. A notable example of XRP’s advantages over SWIFT is a transaction revealed by Michael Arrington, founder of Arrington Capital. His company sent $50 million using XRP , and it took 3 seconds to complete and only cost $0.3. Transparency and interoperability are other major advantages, with XRP offering real-time tracking and compatibility across various financial systems, unlike SWIFT’s limited scope within banks. The Benefits of XRP and ILP Adoption According to the image, XRP and ILP provide instant transactions with real-time settlements, eliminating the long wait times associated with traditional cross-border payments. This enhanced efficiency benefits banks, fintech companies, and cryptocurrency networks, and top financial institutions like the Bank of England (BoE) have been exploring this technology for a long time. Furthermore, the decentralized nature of ILP ensures that transactions do not rely on centralized intermediaries, increasing security and accessibility. X Finance Bull’s post reinforces these points, stating that Ripple is constructing a payment highway that enables seamless value transfer across banks, blockchains, and digital wallets. The emphasis is on removing friction, delays, and intermediaries, making the process fundamentally different from SWIFT’s legacy system. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Implications for Global Finance The transition from SWIFT to XRP and ILP has significant global implications. The image suggests that SWIFT dependency could end, allowing businesses and financial institutions to bypass the associated costs and inefficiencies. Faster and cheaper payments would enhance global trade and remittances, benefiting both businesses and individuals. Additionally, ILP’s ability to facilitate financial inclusion could improve cross-border payment accessibility for underserved regions. The Shift Toward a New Financial Infrastructure X Finance Bull presents XRP and ILP as the foundation of a new financial system rather than a minor improvement to existing structures. With SWIFT’s delays and high fees contrasted against XRP’s near-instant settlements and minimal costs, the case for change is clear. Ripple CEO Brad Garlinghouse has admitted that SWIFT is outdated and that this system can be modernized with XRP. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Expert Proves XRP Is A SWIFT Replacement appeared first on Times Tabloid .
