Key insights

• 🤔 Speculation about Ripple buying SWIFT is largely unfounded due to unrealistic valuation estimates.
• 🏦 SWIFT is a cooperative owned by member banks, making it impossible for a single entity like Ripple to acquire it.
• ⚖️ Legal and regulatory complexities surround potential buyouts in the banking sector, hindering any acquisition attempts.
• 💸 Ripple aims to compete with SWIFT by providing faster and cheaper cross-border payment solutions using XRP.
• 🚀 The SWIFT network has significantly improved its payment speed, reaching timely transactions for 90% of payments by 2024.
• 📈 The rise of stablecoins is disrupting traditional payment systems, leading to decreased relevance for SWIFT.
• 🌍 Stablecoins are being rapidly adopted, especially in Latin America and Asia, as businesses move away from traditional finance.
• 📰 Reports suggesting Ripple's acquisition of SWIFT lack credible evidence and fail to consider governance rules.

Q&A

• What are the risks of scams associated with financial transactions like band swaps? ⚠️

  There are considerable risks tied to dubious financial schemes such as band swaps. Viewers should be cautious of con artists who may promote these practices, as they can result in significant financial loss. It is important to approach such opportunities with skepticism and conduct thorough due diligence before engaging.

• How is the rise of stablecoins affecting traditional payment systems like Swift? 📈

  The adoption of stablecoins is significantly transforming the payment landscape, especially among businesses in regions like Latin America and Asia. With 90% of banks incorporating stablecoins into their services and real-time payment systems gaining traction, the relevance of traditional systems like Swift is diminishing. Stablecoins are even handling more transactions than Visa and Mastercard combined, indicating a shift in payment preferences.

• What recent improvements has Swift made in payment processing? 🚀

  Swift has enhanced its payment processing speeds and is adopting the ISO 20,022 standard to streamline transactions. By May 2025, 41% of payment instructions were utilizing this new format. These improvements have allowed Swift to achieve faster transaction speeds, exceeding G20 goals, and solidifying its position in the payment landscape.

• How does Ripple aim to compete with Swift in cross-border payments? 💸

  Ripple is focused on positioning XRP as an alternative for faster and cheaper cross-border transactions rather than pursuing a buyout of Swift. Its strategy centers around capturing a share of Swift's transaction volume, especially as Swift has significantly improved its payment speed, achieving timely transactions for 90% of cross-border payments.

• What is the current estimated value of Swift? 🤔

  As of 2023, Swift's estimated value stands at around $15.55 billion, which is significantly lower than unrealistic figures being discussed in acquisition rumors. Any claims regarding its valuation should be critically assessed and fact-checked.

• Why can't Swift be bought like a regular company? 🏦

  Swift operates as a cooperative owned by its member banks, which means it cannot be acquired like a typical business. This structure prevents private companies from purchasing shares or gaining full control over Swift, making claims of an acquisition unfounded.

• Is it true that Ripple is planning to buy Swift? 🤔

  No, reports about Ripple acquiring Swift are largely misleading. The estimated cost for Swift is around $110 billion, and while some rumors suggest that Ripple could buy it for approximately 4 billion XRP, this claim lacks credibility and overlooks the actual financial and legal complexities involved.

• 00:00 Speculation around Ripple potentially buying Swift for XRP is misleading; real valuation and legal aspects complicate the idea. 🤔
• 01:24 Be cautious of con artists promoting band swaps and questionable financial schemes. SWIFT is a cooperative owned by member banks, and cannot be bought out like a typical business. Reports suggesting Ripple could acquire SWIFT are unreliable. 🏦
• 03:03 The discussion revolves around whether Ripple could collaborate with Swift if it becomes a bank, and the challenges of a potential buyout of Swift, including its valuation and regulatory concerns. 🤔
• 04:41 Ripple and Swift are competing in the cross-border payments space, with Ripple's XRP positioning as an alternative for faster, cheaper transactions. Despite discussions on acquiring Swift, Ripple seeks to capture a share of Swift's transaction volume instead. Swift has improved its payment speed significantly by 2024, achieving timely transactions for 90% of cross-border payments. 💸
• 06:24 The Swift network is enhancing its payment speed and adopting the ISO 20,022 standard, with a notable rise in usage among financial institutions, while the dominance of the euro and USD in global payments remains strong. 🚀
• 08:06 The rise of stablecoins is transforming the payment landscape, with significant adoption among businesses, particularly in Latin America and Asia, diminishing the importance of traditional systems like SWIFT. 📈