- Brad Garlinghouse acknowledged that Ripple’s purpose isn’t to associate with SWIFT however to switch it, highlighting that over 100 SWIFT-linked banks are already utilizing Ripple’s expertise.
- XRP spiked final week on false rumors of a SWIFT partnership, which Garlinghouse shortly dismissed by saying Ripple is actively “taking up SWIFT.”
- Ripple is battling a securities lawsuit alleging XRP is an unregistered safety, with the corporate shifting the case to federal courtroom.
Ripple’s CEO Brad Garlinghouse just lately appeared on Bloomberg TV, the place he dropped some daring takes about the way forward for blockchain and Ripple’s position in it. “Any digital asset, long-term, might be valued based mostly on the real-world issues it’s fixing,” he stated, making it clear that Ripple’s focus isn’t hype—it’s utility.
SWIFT vs. Ripple — Who Wins?
- 100+ SWIFT-connected banks already on RippleNet: Garlinghouse claims over 100 banks utilizing SWIFT at the moment are using Ripple’s cost platform. That alone indicators shifting sentiment—prospects are voting for change.
- 14% market-share purpose: At XRP APEX 2025 in Singapore, he laid it out—Ripple is focusing on 14% of SWIFT’s world cross-border quantity inside 5 years. That’s trillions of {dollars} of liquidity shifting by way of XRP, not simply messaging.
Ripple pitches liquidity, not simply messaging. Banks utilizing RippleNet don’t simply ship cost directions—they transfer worth utilizing XRP as a bridge foreign money, enabling immediate foreign money conversion and avoiding expensive pre-funded accounts. That’s the true benefit over SWIFT.
Rumor Mill Reacts Quick
Rumors sparked an XRP value surge final week a couple of supposed SWIFT–Ripple partnership. Garlinghouse wasn’t having it: “We’re taking up SWIFT, not welcoming it,” he firmly stated. No partnership. Simply competitio
Authorized Clouds Clear—or Shut?
On June 27, 2025, Garlinghouse introduced Ripple will withdraw its cross-appeal within the long-running SEC swimsuit, and the SEC is predicted to observe swimsuit—ending years of litigation. “We’re closing this chapter as soon as and for all,” he wrote on X.
Decide Denies Settlement Phrases
A day earlier (June 26), Decide Analisa Torres refused to approve a settlement that might have decreased Ripple’s $125M penalty to $50M and eliminated a everlasting injunction. She dominated it lacked distinctive circumstances. That rejection primarily pressured Ripple and the SEC to easily drop appeals as a substitute.
Procedural Clear-Up Underway
As of mid-July, courtroom filings sign remaining case wrap-up steps: removing of knowledgeable witnesses, withdrawal of appeals, and docket cleanup. XRP has already rallied ~6% as merchants anticipate authorized readability
Why This Issues
- Ripple goals to switch, not associate with SWIFT—over 100 banks already onboarded; focusing on trillions in cross-border site visitors through XRP-based liquidity. That’s not ambition. That’s technique.
- Rumors received’t gradual Ripple’s momentum—value pumps from false partnership talks are swiftly debunked and reframed as disruption, not collaboration.
- Authorized readability arrives—Ripple’s dropping its cross-appeal, SEC appears to be like set to do the identical, and Decide Torres’s refusal to chop leniency indicators finality to Ripple’s $125M penalty. The SEC and Ripple are wrapping up what was one of the crucial watched crypto authorized battles