A new conversation has started circulating in the XRP community, and it’s a big one. People are asking what could happen to the XRP price if SWIFT – the world’s largest financial messaging network – ever chose Ripple’s XRP as its global liquidity layer.
XRP has been holding above $2 even as the rest of the market pulls back, and many analysts argue that it still trades far below where it should be.
A lot of that belief comes from Ripple’s XRP increasing role in payments and the idea that it could work alongside major systems like SWIFT rather than replacing them.
What you'll learn 👉
Why XRP Is Part of the SWIFT Conversation
This topic isn’t new. It was talked about many years back by Ripple co-founder Chris Larsen. Back in 2015, he described that Ripple’s technology connects different payment networks, being able to settle any kind of transaction in real time regardless of the currency involved.
He also clarified that Ripple never intended to replace the networks such as SWIFT or ACH. It was always about sitting beside them and making their systems faster and affordable.
In 2018, Ripple CTO David Schwartz said SWIFT’s blockchain plans weren’t just a threat. He said SWIFT could compete with RippleNet, but it could also create an opportunity for XRP.
Even if SWIFT ever created blockchain rails, Ripple’s XRP could theoretically act as the settlement asset for payments over SWIFT. Then in 2025, when SWIFT confirmed a blockchain-based ledger was in the works, these ideas felt a lot more real.
Ripple CEO Brad Garlinghouse has taken an even stronger stance over the years. In the past, he said SWIFT’s upgrades barely scratched the surface of what modern payments need. More recently, at XRPL Apex 2025, he said he expects XRPL to capture around 14% of SWIFT’s market within five years.
What a SWIFT + XRP Setup Would Look Like
If SWIFT ever decided to use Ripple’s XRP for settlement, the messaging side wouldn’t change. Banks would still send payment instructions through SWIFT just like they do today. The difference would be in how the money actually moves.
Instead of relying on slow legacy systems, banks would convert the sending currency into XRP, send it across borders in seconds, and convert it back into the receiving currency when it arrives.
This would remove multi-day delays and eliminate the need for banks to hold huge amounts of money in nostro and vostro accounts. Those accounts exist today solely because settlement takes so long.
SWIFT processes around $150 trillion every year. Even a fraction of that running through XRP would dramatically increase the token’s utility.
What could be the impact on the XRP price if the global messaging system Swift adopted XRP as its liquidity layer?
— TheCryptoBasic (@thecryptobasic) December 1, 2025
Today, XRP continues to show strong resilience by holding above $2 as the broader market struggles. Despite this resilience, several market commentators argue that…
What AI Models Think XRP Price Could Become
To explore how big this could get, TheCryptoBasic asked Google Gemini to model a realistic price scenario. Gemini made it clear that the entire setup is hypothetical and extremely bullish, but it still ran the math.
SWIFT handles about $411 billion per day, and XRP has around 60.25 billion tokens in circulation. Using a conservative liquidity multiple of 100, Gemini estimated that XRP would need a market cap of roughly $41.1 trillion to support that level of global liquidity. Dividing that number by the circulating supply puts the XRP price at about $682 per token.
Gemini also said the price could go much higher if speculation kicks in. With a more aggressive model, it estimated a possible range between $1,000 and $1,500 per XRP.
That would depend on regulation, competition, and how well the technology performs, but it explains why this scenario gets so much attention.
Read Also: Here’s Why The Crypto Market Is Down Today As Bitcoin (BTC) Price Hits $85K
What This Means for XRP Holders
If prices like this ever became reality, XRP holders would see life-changing gains. Someone holding 5,000 XRP today, worth around $10,300, would be looking at several million dollars if the XRP price ever reached those levels.
The difference between $1,000 and $1,500 per token is massive, but either way, it shows how powerful a SWIFT integration could be if it ever happened.
Of course, this entire scenario remains speculative. Nothing guarantees SWIFT would ever choose XRP, and a lot of regulatory and technical hurdles would need to be solved.
But the numbers make one thing clear. If SWIFT ever used Ripple’s XRP at scale, the price would need to rise dramatically to support the liquidity demands of the global financial system.
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