Garlinghouse's comments reflect a broader ambition within Ripple to challenge traditional financial rails by leveraging crypto-based liquidity solutions.

Rumors about a collaboration between Ripple and SWIFT began circulating in April. Garlinghouse reportedly suggested the possibility of either an integration or a replacement. A former SWIFT employee also claimed that banks have tested XRP’s compatibility with the SWIFT network.
At the same event, Ripple’s Chief Legal Officer also highlighted the potential for rapid growth in the tokenized asset sector. “Hundreds of billions of tokenized global assets will emerge fairly quickly,” he said, signaling Ripple’s intent to position XRP as a foundational layer in that transformation.
The vision presented at APEX 2025 hints at a future in which traditional financial infrastructure coexists, or competes, with blockchain-powered systems.
Cross-Border Finance
By targeting liquidity, Ripple aims to plug into the critical layer of cross-border finance that determines how quickly and cheaply value can move across borders. At the time of this publication, XRP traded for $2.31, after a 3% and 1% increase in the past week and day, respectively. Ranked #4 on CoinMarketCap, the token has a market capitalization of $136 billion.
While such projections are ambitious, they reflect growing momentum in the digital asset space, where major institutions are increasingly exploring blockchain-based alternatives to legacy financial systems.
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