Summary
- Ripple CEO Brad Garlinghouse stated that the XRP Ledger could capture up to 14% of SWIFT’s global liquidity within 5 years.
- He explained that the XRP Ledger is not designed to replace the SWIFT messaging system but to improve liquidity provision.
- Ripple officially announced the launch of a sidechain compatible with the Ethereum Virtual Machine (EVM).
Brad Garlinghouse, the CEO of Ripple, has expressed confidence in the XRP Ledger.
According to BeInCrypto on the 12th (local time), Garlinghouse said at the 'APEX 2025' event held in Singapore, "Within the next 5 years, the XRP Ledger could account for up to 14% of the global liquidity handled by the Society for Worldwide Interbank Financial Telecommunication (SWIFT)."
He emphasized, "The XRP Ledger is not designed to replace SWIFT’s messaging system, but to enhance liquidity provision." Meanwhile, Ripple officially announced the launch of a sidechain compatible with the Ethereum Virtual Machine (EVM) on this day.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
