XRP's Potential to Absorb SWIFT's Trading Volume Sparks Speculation

The integration of multiple blockchains into SWIFT's new digital DLT system has sparked intense speculation about the potential for XRP to absorb a significant portion of its trading volume. The Depository Trust & Clearing Corporation (DTCC) recently announced plans to integrate Canton Network, a permissioned network that is substantially different from public ledgers like Ripple's XRP.

However, market watchers are divided on how much Ripple's XRP chain can actually capture. According to some estimates, XRP could capture up to 14% of SWIFT's annualized trading volume by 2030, making it a game-changer for the cryptocurrency.

The DTCC plans to activate multiple United States-based treasuries in Q1 of 2026, which could further boost XRP's presence. Meanwhile, the XRP Army relies on scaled institutional use for price appreciation, and recent trading volumes have been strong, with the coin winning back a crucial resistance at $1.42.

SWIFT's new financial gold standard went live late last year and now covers the majority of partnered traditional banking institutions, including the XRP-embracing HSBC Bank. The integration of blockchains for faster, cheaper transfers is expected to be completed soon, which could have a significant impact on the cryptocurrency market.