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From Trump to BlackRock: Why the Future of Payments Could Belong to Ripple?
For many years, traditional banks have opposed cryptocurrencies, especially coins like XRP, which directly challenge the way cross-border currency flows. However, according to analysts, the situation has changed. Banks may no longer be able to block or ignore Ripple technology, which is built for fast, low-cost payments on a global scale. As Rupert from All In Crypto explained on the Paul Barron Podcast, banking associations have been "adamantly" opposed to innovations like paying interest on stablecoins. The reason is quite simple: offering customers interest in digital dollars could outshine traditional savings accounts. "That scares them," he said, because it provides a clear alternative to the services that banks have monopolized for decades. A Mature System Ready to Replace Critics argue that the financial system is outdated, expensive, and slow. President Donald Trump recently stated that "the technical backbone of the financial system has been outdated for decades." He went further to say that the country should "upgrade towards the 21st century with advanced cryptocurrency technology." Although Trump did not mention Ripple by name, his vision aligns perfectly with what the company has built: a network designed to transfer money instantly and cheaply across borders. "If you look at the purpose for which XRP was created, then that is exactly what Trump just said the United States is getting into. Not just Trump, but everyone around him," the expert said. SWIFT in the Crosshairs The biggest disruption to Ripple could come from SWIFT, the global payment messaging system that has dominated for over 50 years. Some argue that SWIFT is slow, costly, and not suitable for a digitalized world. Even Larry Fink, CEO of BlackRock, compared relying on SWIFT to "sending emails via postal mail." "Pay attention to what they say," Rupert noted. "Sometimes they directly tell you their strategy." From central banks discussing blockchain pilot projects to global leaders calling for modern payment methods, the message is very clear: the old system is overwhelmed by modern demands, and new technology is ready to take over. On the contrary, Ripple allows banks and financial institutions to make payments directly via the XRP Ledger, which can process transactions in just a few seconds. If widely adopted, XRP could handle the necessary liquidity to replace a large portion of SWIFT's infrastructure. Why Ripple Is a Threat Ripple is not just a simple blockchain project. Unlike Bitcoin, which was created as a decentralized alternative to currency, Ripple's focus has always been on practicality: to make cross-border payments faster, cheaper, and more efficient. This mission directly challenges the core business of banks, which is international money transfers and the high fees they charge along the way. "You see people reacting strongly to some bizarre or seemingly bizarre price predictions that people make for XRP. The truth is we don't know how big this monster will get," Rupert concluded.