Crypto analyst ALLINCRYPTO recently drew attention to a significant exchange involving Ripple co-founder Chris Larsen during an appearance at Talks at Google. In a video segment, an audience member raised an important question about how banks and networks like SWIFT might adapt to the rise of blockchain technology. The individual suggested that SWIFT, as the long-established global payment messaging system, could upgrade its protocol to compete with the transaction speeds of blockchain solutions, including XRP. The question posed centered on whether SWIFT could shorten settlement times and move money internationally in less than a minute, contrasting with the multi-day process that characterizes its current operations. The audience member pointed out that if crypto assets represent an “internet of money,” banks would likely be motivated to innovate to retain their position in financial infrastructure. They added that because money is regulated differently from data, the regulatory environment would force cryptocurrencies to adjust, raising questions about how XRP could thrive in a more controlled financial system. What if SWIFT updated to compete with blockchain transaction speeds? Ripple co-founder Chris Larsen tackles an important question on $XRP :"SWIFT only deals with the data. They have a corresponding banking partner that deals with the value." [Source: @Google ] pic.twitter.com/4JzPYIY5m9 — ALLINCRYPTO (@RealAllinCrypto) September 22, 2025 Larsen’s Clarification on SWIFT’s Limitations In response, Larsen explained that the assumption that SWIFT could match blockchain settlement speeds overlooks a critical limitation. He noted that SWIFT only handles the data side of a transaction, not the actual movement of value. The value transfer, he emphasized, depends on correspondent banks, which introduce inefficiencies. According to Larsen, these correspondent banks are where most of the delays, risks, and costs in cross-border payments occur. He described this system as the source of sentiment risk, failures, and extended time frames that slow down international settlements. By relying on correspondent banks, SWIFT remains limited in its ability to deliver the speed and efficiency associated with blockchain-based solutions . We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The Role of XRP and Interledger Larsen explained that technologies like Interledger and XRP are designed to address precisely this problem by eliminating the need for correspondent banks. By enabling direct value transfer alongside data, XRP provides a complete framework for an internet of value, unlike SWIFT, which only facilitates messaging. He argued that this distinction prevents SWIFT from replicating what blockchain technologies can offer, even if the protocol were upgraded to accelerate data transmission. Without the ability to remove intermediaries, Larsen concluded, SWIFT is not capable of competing directly with solutions such as XRP. The Future of Payments The exchange highlighted by ALLINCRYPTO underscores the broader debate over the future of cross-border payments. While traditional financial networks may attempt to modernize, Larsen’s comments suggest that their structural limitations will persist unless they adopt new approaches. XRP, as positioned by its advocates, provides a model that addresses inefficiencies at the core of the payment process rather than just speeding up messaging. This perspective complements the ongoing discussion about the differences between blockchain-based settlement systems and legacy networks, such as SWIFT, as the financial industry continues to evaluate its path toward faster, cheaper, and more reliable international transactions. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple Co-founder Explains Why XRP Has the Edge Over SWIFT appeared first on Times Tabloid .
