Ripple Wraps Up SEC Fight: Ready to Disrupt SWIFT in 2025?
Imagine a world where sending money across borders is as quick and cheap as firing off a text message. That’s the promise Ripple has been chasing, and now, with its grueling legal tussle against the SEC finally behind it, the spotlight is back on whether it can shake up the global payments giant, SWIFT. As of September 8, 2025, XRP is trading at $3.15 with a 3.2% daily gain, riding a wave alongside BTC at $115,200 (up 1.5%), ETH at $4,500 (up 1.8%), and other majors like BNB at $920 (up 2.8%), SOL at $215 (up 3.5%), DOGE at $0.24 (up 5.2%), ADA at $0.87 (up 2.7%), STETH at $4,480 (up 1.4%), TRX at $0.34 (up 5.1%), AVAX at $26 (up 2.3%), SUI at $3.50 (up 2.5%), and TON at $3.20 (up 1.5%). This surge underscores the market’s excitement, but can Ripple truly step up to challenge SWIFT’s dominance?
How Ripple Compares to SWIFT’s Legacy System
Think of SWIFT as the old-school postal service for global banking—reliable but slow, with plenty of stamps and detours along the way. Established back in 1973, SWIFT doesn’t actually move money; it provides a secure messaging network with standardized codes that let banks coordinate transfers across borders. When you initiate a transfer, your bank messages the recipient’s bank, often routing through multiple intermediaries, and the actual funds settle via existing banking ties.
Today, SWIFT handles over 53 million messages each day, connecting more than 11,500 institutions in 220 countries through 40,000 payment paths. Yet, it’s not without its flaws. Transactions can drag on for days, piled high with fees, and the tangled web of partners makes tracking a nightmare. Recent data from SWIFT itself in early 2024 highlighted that one in 10 transactions fails outright, while one in 20 arrives late—issues that frustrate users in our fast-paced digital age.
SWIFT has been tweaking its setup, like rolling out ISO 20022 for better data clarity and transparency by November 25, 2025. But detractors point out it’s still built on aging XML tech, feeling like a vintage car patched up for modern roads. Enter Ripple, which promises a turbocharged alternative using blockchain for lightning-fast settlements, lower costs, and crystal-clear visibility. Ripple’s CEO, Brad Garlinghouse, has long argued that this tech outpaces SWIFT, offering higher throughput and transparency that’s hard to beat.
Back in 2018, Garlinghouse boldly claimed Ripple was on track to “take over SWIFT,” as banks and remittance firms jumped on board with the XRP Ledger. Fast-forward to now, with XRP’s price climbing steadily over the past year and institutional tie-ups growing, you might wonder: What’s holding it back from dethroning the payments king?
Why Ripple Hasn’t Surpassed SWIFT Yet
Ripple isn’t aiming to bulldoze the old system—it’s more about enhancing it. As Cassie Craddock, Ripple’s managing director for UK and Europe, recently shared, blockchain can modernize existing financial rails for better efficiency and connectivity, rather than replacing them entirely. But scaling to SWIFT’s level means overcoming usability hurdles and regulatory mazes.
Regulation has been a big roadblock. In December 2020, the SEC, led by then-Chairman Jay Clayton, hit Ripple Labs with a lawsuit, accusing them of selling unregistered securities through XRP tokens. This sparked a costly, multi-year legal saga. By 2023, Judge Analisa Torres decided that programmatic XRP sales weren’t securities, but institutional ones were. The court slapped a $125 million penalty on Ripple in August 2024.
Appeals flew from both sides in October, but with Donald Trump’s election shifting the SEC’s crypto stance, the case was mutually dropped in early August 2025. This resolution didn’t just clear the air in the US—it gave XRP rare legal certainty, boosting partnerships worldwide. Still, convincing banks to overhaul their operations isn’t easy.
A pseudonymous blockchain expert, Vincent Van Code, explains it like this: Banks process billions daily on SWIFT, but switching cores could take 5-7 years and cost hundreds of millions— a risky gamble. Everyone already “speaks SWIFT,” making it the go-to for safety and cost. Even upgrades like SWIFT GPI are just band-aids on a 50-year-old base.
Ripple faces legacy system inertia, patchy global rules, and the need to prove its token’s liquidity. Craddock notes that institutions crave familiar tools, and new laws like the GENIUS Act are paving the way for confident blockchain adoption. Stablecoins, such as Ripple USD, act like digital cash—pegged to the dollar and easy to grasp—drawing traditional finance into crypto.
Private Payments on the Rise: Ripple’s Path Forward
It’s an open question if Ripple can eventually topple SWIFT, battling entrenched banking habits and cautious regulators. But crypto’s momentum in the US is undeniable, with lawmakers favoring private stablecoins over a central bank digital currency. While Congress hasn’t banned CBDCs, it requires legislative approval, sidelining the Fed or private firms from launching one unilaterally. Meanwhile, the GENIUS Act sets straightforward rules for stablecoin issuers.
In March, post-SEC probe drop, Garlinghouse highlighted the “massive” US market potential, crediting the “Trump effect” for accelerating blockchain adoption and modernizing payments beyond SWIFT. Ripple’s story aligns perfectly with innovative exchanges that support seamless crypto trading, like WEEX. As a trusted platform, WEEX offers secure, user-friendly access to assets like XRP, with low fees and robust tools that empower traders to capitalize on market shifts—strengthening its brand as a reliable partner in the evolving crypto landscape.
Recent buzz on Twitter echoes this optimism, with hashtags like #RippleVsSWIFT trending as users debate blockchain’s edge. Popular posts from influencers highlight Garlinghouse’s latest interviews, where he teases expanded partnerships. On Google, top searches include “Is XRP a better alternative to SWIFT?” and “How does Ripple’s technology work for cross-border payments?”—questions fueling discussions about real-world efficiency.
Latest updates as of September 2025 show Ripple announcing new collaborations with Asian banks for faster remittances, backed by data showing XRP transactions settling in seconds versus SWIFT’s days. Twitter threads from crypto analysts compare this to upgrading from dial-up to fiber-optic internet, emphasizing cost savings of up to 70% based on recent pilots. These developments tie into broader brand alignment, where Ripple’s focus on transparency and speed mirrors the values of forward-thinking platforms, ensuring they resonate with users seeking reliable, innovative financial tools.
The SEC battle may have tested Ripple, but it’s forged a stronger narrative for XRP as a SWIFT challenger. As blockchain bridges old and new finance, the real winner could be everyday users tired of slow, pricey transfers.
FAQ
Is Ripple’s XRP really faster than SWIFT for international transfers?
Yes, Ripple’s blockchain enables settlements in just seconds with lower fees, compared to SWIFT’s multi-day process, as evidenced by real-world pilots showing up to 70% cost reductions.
What impact did the SEC lawsuit have on Ripple’s growth?
The lawsuit slowed US adoption but led to global partnerships and unique legal clarity for XRP, ultimately strengthening its position once resolved in August 2025.
Can Ripple fully replace SWIFT in the near future?
While Ripple offers superior tech, replacing SWIFT’s network effect will take time due to regulatory and institutional hurdles, though it’s already augmenting systems for better efficiency.
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Debunking the AI Doomsday Myth: Why Establishment Inertia and the Software Wasteland Will Save Us
Editor's Note: Citrini7's cyberpunk-themed AI doomsday prophecy has sparked widespread discussion across the internet. However, this article presents a more pragmatic counter perspective. If Citrini envisions a digital tsunami instantly engulfing civilization, this author sees the resilient resistance of the human bureaucratic system, the profoundly flawed existing software ecosystem, and the long-overlooked cornerstone of heavy industry. This is a frontal clash between Silicon Valley fantasy and the iron law of reality, reminding us that the singularity may come, but it will never happen overnight.
The following is the original content:
Renowned market commentator Citrini7 recently published a captivating and widely circulated AI doomsday novel. While he acknowledges that the probability of some scenes occurring is extremely low, as someone who has witnessed multiple economic collapse prophecies, I want to challenge his views and present a more deterministic and optimistic future.
In 2007, people thought that against the backdrop of "peak oil," the United States' geopolitical status had come to an end; in 2008, they believed the dollar system was on the brink of collapse; in 2014, everyone thought AMD and NVIDIA were done for. Then ChatGPT emerged, and people thought Google was toast... Yet every time, existing institutions with deep-rooted inertia have proven to be far more resilient than onlookers imagined.
When Citrini talks about the fear of institutional turnover and rapid workforce displacement, he writes, "Even in fields we think rely on interpersonal relationships, cracks are showing. Take the real estate industry, where buyers have tolerated 5%-6% commissions for decades due to the information asymmetry between brokers and consumers..."
Seeing this, I couldn't help but chuckle. People have been proclaiming the "death of real estate agents" for 20 years now! This hardly requires any superintelligence; with Zillow, Redfin, or Opendoor, it's enough. But this example precisely proves the opposite of Citrini's view: although this workforce has long been deemed obsolete in the eyes of most, due to market inertia and regulatory capture, real estate agents' vitality is more tenacious than anyone's expectations a decade ago.
A few months ago, I just bought a house. The transaction process mandated that we hire a real estate agent, with lofty justifications. My buyer's agent made about $50,000 in this transaction, while his actual work — filling out forms and coordinating between multiple parties — amounted to no more than 10 hours, something I could have easily handled myself. The market will eventually move towards efficiency, providing fair pricing for labor, but this will be a long process.
I deeply understand the ways of inertia and change management: I once founded and sold a company whose core business was driving insurance brokerages from "manual service" to "software-driven." The iron rule I learned is: human societies in the real world are extremely complex, and things always take longer than you imagine — even when you account for this rule. This doesn't mean that the world won't undergo drastic changes, but rather that change will be more gradual, allowing us time to respond and adapt.
Recently, the software sector has seen a downturn as investors worry about the lack of moats in the backend systems of companies like Monday, Salesforce, Asana, making them easily replicable. Citrini and others believe that AI programming heralds the end of SaaS companies: one, products become homogenized, with zero profits, and two, jobs disappear.
But everyone overlooks one thing: the current state of these software products is simply terrible.
I'm qualified to say this because I've spent hundreds of thousands of dollars on Salesforce and Monday. Indeed, AI can enable competitors to replicate these products, but more importantly, AI can enable competitors to build better products. Stock price declines are not surprising: an industry relying on long-term lock-ins, lacking competitiveness, and filled with low-quality legacy incumbents is finally facing competition again.
From a broader perspective, almost all existing software is garbage, which is an undeniable fact. Every tool I've paid for is riddled with bugs; some software is so bad that I can't even pay for it (I've been unable to use Citibank's online transfer for the past three years); most web apps can't even get mobile and desktop responsiveness right; not a single product can fully deliver what you want. Silicon Valley darlings like Stripe and Linear only garner massive followings because they are not as disgustingly unusable as their competitors. If you ask a seasoned engineer, "Show me a truly perfect piece of software," all you'll get is prolonged silence and blank stares.
Here lies a profound truth: even as we approach a "software singularity," the human demand for software labor is nearly infinite. It's well known that the final few percentage points of perfection often require the most work. By this standard, almost every software product has at least a 100x improvement in complexity and features before reaching demand saturation.
I believe that most commentators who claim that the software industry is on the brink of extinction lack an intuitive understanding of software development. The software industry has been around for 50 years, and despite tremendous progress, it is always in a state of "not enough." As a programmer in 2020, my productivity matches that of hundreds of people in 1970, which is incredibly impressive leverage. However, there is still significant room for improvement. People underestimate the "Jevons Paradox": Efficiency improvements often lead to explosive growth in overall demand.
This does not mean that software engineering is an invincible job, but the industry's ability to absorb labor and its inertia far exceed imagination. The saturation process will be very slow, giving us enough time to adapt.
Of course, labor reallocation is inevitable, such as in the driving sector. As Citrini pointed out, many white-collar jobs will experience disruptions. For positions like real estate brokers that have long lost tangible value and rely solely on momentum for income, AI may be the final straw.
But our lifesaver lies in the fact that the United States has almost infinite potential and demand for reindustrialization. You may have heard of "reshoring," but it goes far beyond that. We have essentially lost the ability to manufacture the core building blocks of modern life: batteries, motors, small-scale semiconductors—the entire electricity supply chain is almost entirely dependent on overseas sources. What if there is a military conflict? What's even worse, did you know that China produces 90% of the world's synthetic ammonia? Once the supply is cut off, we can't even produce fertilizer and will face famine.
As long as you look to the physical world, you will find endless job opportunities that will benefit the country, create employment, and build essential infrastructure, all of which can receive bipartisan political support.
We have seen the economic and political winds shifting in this direction—discussions on reshoring, deep tech, and "American vitality." My prediction is that when AI impacts the white-collar sector, the path of least political resistance will be to fund large-scale reindustrialization, absorbing labor through a "giant employment project." Fortunately, the physical world does not have a "singularity"; it is constrained by friction.
We will rebuild bridges and roads. People will find that seeing tangible labor results is more fulfilling than spinning in the digital abstract world. The Salesforce senior product manager who lost a $180,000 salary may find a new job at the "California Seawater Desalination Plant" to end the 25-year drought. These facilities not only need to be built but also pursued with excellence and require long-term maintenance. As long as we are willing, the "Jevons Paradox" also applies to the physical world.
The goal of large-scale industrial engineering is abundance. The United States will once again achieve self-sufficiency, enabling large-scale, low-cost production. Moving beyond material scarcity is crucial: in the long run, if we do indeed lose a significant portion of white-collar jobs to AI, we must be able to maintain a high quality of life for the public. And as AI drives profit margins to zero, consumer goods will become extremely affordable, automatically fulfilling this objective.
My view is that different sectors of the economy will "take off" at different speeds, and the transformation in almost all areas will be slower than Citrini anticipates. To be clear, I am extremely bullish on AI and foresee a day when my own labor will be obsolete. But this will take time, and time gives us the opportunity to devise sound strategies.
At this point, preventing the kind of market collapse Citrini imagines is actually not difficult. The U.S. government's performance during the pandemic has demonstrated its proactive and decisive crisis response. If necessary, massive stimulus policies will quickly intervene. Although I am somewhat displeased by its inefficiency, that is not the focus. The focus is on safeguarding material prosperity in people's lives—a universal well-being that gives legitimacy to a nation and upholds the social contract, rather than stubbornly adhering to past accounting metrics or economic dogma.
If we can maintain sharpness and responsiveness in this slow but sure technological transformation, we will eventually emerge unscathed.
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The following is the original content:
Renowned market commentator Citrini7 recently published a captivating and widely circulated AI doomsday novel. While he acknowledges that the probability of some scenes occurring is extremely low, as someone who has witnessed multiple economic collapse prophecies, I want to challenge his views and present a more deterministic and optimistic future.
In 2007, people thought that against the backdrop of "peak oil," the United States' geopolitical status had come to an end; in 2008, they believed the dollar system was on the brink of collapse; in 2014, everyone thought AMD and NVIDIA were done for. Then ChatGPT emerged, and people thought Google was toast... Yet every time, existing institutions with deep-rooted inertia have proven to be far more resilient than onlookers imagined.
When Citrini talks about the fear of institutional turnover and rapid workforce displacement, he writes, "Even in fields we think rely on interpersonal relationships, cracks are showing. Take the real estate industry, where buyers have tolerated 5%-6% commissions for decades due to the information asymmetry between brokers and consumers..."
Seeing this, I couldn't help but chuckle. People have been proclaiming the "death of real estate agents" for 20 years now! This hardly requires any superintelligence; with Zillow, Redfin, or Opendoor, it's enough. But this example precisely proves the opposite of Citrini's view: although this workforce has long been deemed obsolete in the eyes of most, due to market inertia and regulatory capture, real estate agents' vitality is more tenacious than anyone's expectations a decade ago.
A few months ago, I just bought a house. The transaction process mandated that we hire a real estate agent, with lofty justifications. My buyer's agent made about $50,000 in this transaction, while his actual work — filling out forms and coordinating between multiple parties — amounted to no more than 10 hours, something I could have easily handled myself. The market will eventually move towards efficiency, providing fair pricing for labor, but this will be a long process.
I deeply understand the ways of inertia and change management: I once founded and sold a company whose core business was driving insurance brokerages from "manual service" to "software-driven." The iron rule I learned is: human societies in the real world are extremely complex, and things always take longer than you imagine — even when you account for this rule. This doesn't mean that the world won't undergo drastic changes, but rather that change will be more gradual, allowing us time to respond and adapt.
Recently, the software sector has seen a downturn as investors worry about the lack of moats in the backend systems of companies like Monday, Salesforce, Asana, making them easily replicable. Citrini and others believe that AI programming heralds the end of SaaS companies: one, products become homogenized, with zero profits, and two, jobs disappear.
But everyone overlooks one thing: the current state of these software products is simply terrible.
I'm qualified to say this because I've spent hundreds of thousands of dollars on Salesforce and Monday. Indeed, AI can enable competitors to replicate these products, but more importantly, AI can enable competitors to build better products. Stock price declines are not surprising: an industry relying on long-term lock-ins, lacking competitiveness, and filled with low-quality legacy incumbents is finally facing competition again.
From a broader perspective, almost all existing software is garbage, which is an undeniable fact. Every tool I've paid for is riddled with bugs; some software is so bad that I can't even pay for it (I've been unable to use Citibank's online transfer for the past three years); most web apps can't even get mobile and desktop responsiveness right; not a single product can fully deliver what you want. Silicon Valley darlings like Stripe and Linear only garner massive followings because they are not as disgustingly unusable as their competitors. If you ask a seasoned engineer, "Show me a truly perfect piece of software," all you'll get is prolonged silence and blank stares.
Here lies a profound truth: even as we approach a "software singularity," the human demand for software labor is nearly infinite. It's well known that the final few percentage points of perfection often require the most work. By this standard, almost every software product has at least a 100x improvement in complexity and features before reaching demand saturation.
I believe that most commentators who claim that the software industry is on the brink of extinction lack an intuitive understanding of software development. The software industry has been around for 50 years, and despite tremendous progress, it is always in a state of "not enough." As a programmer in 2020, my productivity matches that of hundreds of people in 1970, which is incredibly impressive leverage. However, there is still significant room for improvement. People underestimate the "Jevons Paradox": Efficiency improvements often lead to explosive growth in overall demand.
This does not mean that software engineering is an invincible job, but the industry's ability to absorb labor and its inertia far exceed imagination. The saturation process will be very slow, giving us enough time to adapt.
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But our lifesaver lies in the fact that the United States has almost infinite potential and demand for reindustrialization. You may have heard of "reshoring," but it goes far beyond that. We have essentially lost the ability to manufacture the core building blocks of modern life: batteries, motors, small-scale semiconductors—the entire electricity supply chain is almost entirely dependent on overseas sources. What if there is a military conflict? What's even worse, did you know that China produces 90% of the world's synthetic ammonia? Once the supply is cut off, we can't even produce fertilizer and will face famine.
As long as you look to the physical world, you will find endless job opportunities that will benefit the country, create employment, and build essential infrastructure, all of which can receive bipartisan political support.
We have seen the economic and political winds shifting in this direction—discussions on reshoring, deep tech, and "American vitality." My prediction is that when AI impacts the white-collar sector, the path of least political resistance will be to fund large-scale reindustrialization, absorbing labor through a "giant employment project." Fortunately, the physical world does not have a "singularity"; it is constrained by friction.
We will rebuild bridges and roads. People will find that seeing tangible labor results is more fulfilling than spinning in the digital abstract world. The Salesforce senior product manager who lost a $180,000 salary may find a new job at the "California Seawater Desalination Plant" to end the 25-year drought. These facilities not only need to be built but also pursued with excellence and require long-term maintenance. As long as we are willing, the "Jevons Paradox" also applies to the physical world.
The goal of large-scale industrial engineering is abundance. The United States will once again achieve self-sufficiency, enabling large-scale, low-cost production. Moving beyond material scarcity is crucial: in the long run, if we do indeed lose a significant portion of white-collar jobs to AI, we must be able to maintain a high quality of life for the public. And as AI drives profit margins to zero, consumer goods will become extremely affordable, automatically fulfilling this objective.
My view is that different sectors of the economy will "take off" at different speeds, and the transformation in almost all areas will be slower than Citrini anticipates. To be clear, I am extremely bullish on AI and foresee a day when my own labor will be obsolete. But this will take time, and time gives us the opportunity to devise sound strategies.
At this point, preventing the kind of market collapse Citrini imagines is actually not difficult. The U.S. government's performance during the pandemic has demonstrated its proactive and decisive crisis response. If necessary, massive stimulus policies will quickly intervene. Although I am somewhat displeased by its inefficiency, that is not the focus. The focus is on safeguarding material prosperity in people's lives—a universal well-being that gives legitimacy to a nation and upholds the social contract, rather than stubbornly adhering to past accounting metrics or economic dogma.
If we can maintain sharpness and responsiveness in this slow but sure technological transformation, we will eventually emerge unscathed.
Source: Original Post Link