Ripple (XRP) Targets SWIFT’s $155T Market as Banks Invest $100B in Crypto Integration

Key Points

1. Banks worldwide have invested over $100 billion into blockchain technology between 2020 and 2024, with 90% of finance executives expecting major impact by 2028.

2. Ripple aims to capture a portion of SWIFT's $155 trillion cross-border payments market, leveraging its XRP Ledger (XRPL) as a potential alternative or complement to SWIFT.

3. 345 banks have incorporated blockchain-based technology by 2025, with HSBC digitizing gold trading and SBI Holdings developing a quantum-resistant digital currency.

4. Ripple ranks among the top 25 most valuable private companies globally with a $15B+ valuation, signaling its growing influence in financial infrastructure.

5. The global stablecoin market is projected to grow tenfold between 2024 and 2025, aligning with Ripple's ambitions in payment solutions.