9h ago

Ripple targets 14% of SWIFT payment volume as USDC goes live on the XRP Ledger

AI Market Summary

Ripple's stated ambition to capture 14% of SWIFT cross-border flows, alongside Circle's confirmation that USDC is now live natively on XRPL, materially strengthens XRPL's credibility as a compliant settlement rail. With issuance, redemption, and bridging functionality available at launch, the upgrade shifts from pilot narrative to production utility, potentially supporting higher network usage, liquidity depth, and institutional on-ramp interest around XRP-linked payments.

Impact level

● High

Affected assets

XRP/USDT+3.24%

AI Insight · XRP/USDTAI Insight

▲ Bullish

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Ripple said it plans to capture 14% of SWIFT’s cross-border payments volume. Circle also confirmed that USDC has been officially deployed on the XRP Ledger (XRPL). The move marks XRPL’s first native integration of a major regulated stablecoin, adding issuance, redemption and cross-chain bridging capabilities with real-time settlement.

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