An expert confirms that XRP has the potential to disrupt SWIFT.

XRP dramatically lowers transaction fees, with costs only a fraction of a cent, in contrast to SWIFT’s fees, which range from $10 to $50. Furthermore, XRP provides features such as real-time tracking, compatibility with various financial systems, and a decentralized structure that removes the necessity for intermediaries. As the native currency of Ripple, XRP is increasingly becoming prominent in the market, and experts caution that it may pose a threat to the supremacy of SWIFT banking systems in the near future. Notable cryptocurrency specialist X Finance Bull posted on the X platform detailing how XRP might impact SWIFT’s market dominance. Finance Bull emphasized XRP’s disruptive capabilities along with Ripple’s Interledger Protocol (ILP), suggesting that they represent not merely an enhancement, but rather a complete substitute for conventional banking infrastructures. The specialist provided a visual representation illustrating the distinctions between SWIFT and XRP, emphasizing significant differences in transaction speed, clarity, expenses, and interoperability. Although SWIFT transactions require five days to finalize, XRP can complete this process in merely seconds through Ripple’s ILP. SWIFT duration is five days. Integrating $XRP with ILP only takes 5 seconds, which doesn’t signify progress. That is REPLACEMENT. Ripple is creating a payment network that allows banks, blockchains, and digital wallets to transfer value immediately without intermediaries, delays, or complications. #XRP is not meant to fix the traditional systems… pic.twitter.com/6qEIXVMZWh.