Ripple Aims for $155T Cross-Border Payment Market with XRP
Ripple is reportedly targeting a massive $155 trillion cross-border payment market with its XRP cryptocurrency. The claim comes from a viral video shared by crypto influencer @strivex_, which has been making rounds again.
The XRP bulls believe that Ripple's technology can replace the SWIFT messaging system, which is currently used for international money transfers. This narrative has been revived as the price of XRP has been experiencing a resurgence in recent times.
Ripple's aim to disrupt the global payments market with its blockchain-based solution has been gaining traction in recent years. The company's technology enables fast and cheap cross-border transactions, which could potentially replace traditional methods like SWIFT.