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The global payment is no longer dependent on old-school methods; the financial institutions are increasingly in favor of faster, more cost-efficient alternatives like the XRP Ledger (XRPL). SWIFT, once the backbone of international banking with over $150 trillion in annual volume, has seen a 15% decline. Ripple’s CEO Brad Garlinghouse predicts XRPL could capture up to 14% of that, equivalent to over $21 trillion, within five years.
XRPL Activity Hits Record Highs
On-chain data supports this growing interest. Daily XRPL transactions now exceed…
