XRP Set to Capture $21 Trillion from SWIFT? Ripple’s Bold Prediction

The post XRP Set to Capture $21 Trillion from SWIFT? Ripple’s Bold Prediction appeared first on Coinpedia Fintech News

The global payment is no longer dependent on old-school methods; the financial institutions are increasingly in favor of faster, more cost-efficient alternatives like the XRP Ledger (XRPL). SWIFT, once the backbone of international banking with over $150 trillion in annual volume, has seen a 15% decline. Ripple’s CEO Brad Garlinghouse predicts XRPL could capture up to 14% of that, equivalent to over $21 trillion, within five years.

On-chain data supports this growing interest. Daily XRPL transactions now exceed 830,000, with over 29,000 active addresses and more than 10,000 unique traders. The decentralized exchange (DEX) volume on XRPL recently surpassed $12 million, while meme coin trading brought in $6.25 million. Stablecoin transfers remain steady at around $5.6 million. These numbers underscore a surge in liquidity and engagement across the ecosystem.

The June 30 launch of an EVM-compatible XRPL sidechain added fresh momentum. Within just one week, over 1,400 smart contracts went live, and over 1,300 remain active today. This expansion into DeFi and broader smart contract functionality is strengthening XRPL’s role beyond simple cross-border payments, attracting developers and new institutional use cases.

Moreover, Ripple’s RLUSD stablecoin aims to enter and dominate the massive global remittance sector. As RLUSD becomes more widely used in payments and decentralized finance, it adds consistent volume to the XRPL, driving further demand for XRP and increasing on-chain liquidity.