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'It's Over For XRP Swift Just Replaced It' .......

#Cryptocurrency
2025-10-20 17:248 min read

Content Introduction
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In this video, the host discusses the recent announcement by Swift regarding their own blockchain-based ledger and addresses concerns about its potential impact on XRP and the broader crypto landscape. The host reassures viewers that XRP's relevance remains intact within a multi-chain ecosystem, emphasizing its role as a bridge for cross-currency transactions and liquidity solutions. The discussion includes insights on Swift's strategic positioning compared to Ripple, highlighting the importance of understanding XRP's unique capabilities in facilitating global value exchange. The video aims to clarify misconceptions about XRP amidst evolving financial technologies and provides a nuanced perspective on the future of cryptocurrency in international banking.

Key Information

  • The speaker welcomes the audience and addresses concerns about Swift's recent announcement regarding their blockchain-based ledger.
  • There is speculation on how Swift's announcement might impact existing solutions like XRP and the XRP ledger.
  • The speaker emphasizes that the introduction of a new blockchain system does not make XRP irrelevant; rather, we're moving towards a multi-chain world.
  • They argue that no single chain can address all financial needs, and XRP specifically enables liquidity for cross-currency transactions.
  • The speaker highlights the importance of XRP in facilitating efficient transactions and discusses its properties, such as being jurisdictionless and censorship-resistant.
  • The speaker believes XRP will play a critical role in future financial systems as a bridge asset and that Swift's ledger does not negate the functionality and necessity of XRP.
  • The discussion revolves around the potential coexistence and roles of different blockchain technologies, emphasizing that new systems must still accommodate existing solutions.

Timeline Analysis

Content Keywords

Swift Announcement

The discussion revolves around the recent Swift announcement regarding their blockchain-based ledger and concerns about its impact on existing solutions like XRP and the XRP ledger.

XRP's Role

XRP is positioned as a critical player in providing liquidity and facilitating value exchange in a multi-chain world, emphasizing its function as a bridge asset amongst different currencies.

Blockchain-Based Solutions

Swift's initiative to create their own blockchain-based solutions is explored, questioning their ability to disrupt or diminish the relevance of XRP in modern banking protocols.

Liquidity Concerns

The video addresses liquidity concerns within traditional banking systems and advocates for XRP’s potential to serve as an effective solution for improving liquidity among financial institutions.

Chainlink

Chainlink's role in the crypto space is discussed, highlighting its compatibility with existing financial systems rather than acting as a competitor to XRP.

Future of Payments

The ongoing evolution of international payments is analyzed, predicting that with advancements like XRP and similar technologies, traditional correspondent banking could undergo significant transformation.

Understanding XRP

A call to clarify misconceptions about XRP and its functions, stressing the importance of recognizing its value as an enabler in the financial ecosystem.

Related questions&answers

What is the main concern regarding the Swift announcement?

Many comments are concerned with the Swift announcement of them introducing their own blockchain-based ledger and how this may affect XRP and the XRP ledger.

Does the introduction of Swift's blockchain make XRP irrelevant?

No, it does not make XRP irrelevant. It's a multi-chain world that we're moving towards, and one chain isn't going to be able to do everything.

How often does Swift transfer the equivalent of the world's GDP?

Swift does the equivalent of the world’s GDP in terms of value transfer every two to three days.

What impact does XRP have on liquidity?

XRP is designed to provide on-demand liquidity and is seen as a potential solution for efficient cross-currency transactions.

What role do banks play in the use of XRP?

Banks remain the custodians but can use Ripple's solutions, like XRP, for efficient cross-border payment facilitation.

Is XRP the only solution for cross-border transactions?

XRP is one of the few solutions providing liquidity for cross-border transactions, and its role as a bridge currency remains significant.

How does Ripple differ from Swift?

Ripple is seen as a competitor to Swift, providing direct blockchain solutions for transactions, while Swift is introducing their own blockchain-based ledger.

What is the current understanding of Swift's new blockchain?

There is uncertainty about what Swift's new blockchain entails and whether it will interfere with XRP's function as a bridge asset.

What opportunities do stable coins and CBDCs present?

Stable coins and CBDCs aim to improve domestic payments, but efficient international transactions still require a reliable intermediary like XRP.

What is the future of cross-currency transactions with blockchain?

With the right implementation, blockchain can revolutionize correspondent banking by providing a reliable, efficient, and cost-effective infrastructure for transactions.

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