Ripple Positioned as Competitor to SWIFT, Not Replacement

Pantera Capital founder Dan Morehead said Ripple is 'going after SWIFT', implying it's a competitor for part of the cross-border payments market, not a replacement.

The comment came during a segment on CNBC where Morehead discussed various blockchain use cases, including Solana's potential capacity and Bitcoin as 'digital gold'.

Ripple was presented as a network aimed at narrower financial functions rather than a store of value or high-throughput settlement layer.

Morehead's phrasing suggests competitive positioning, not a forecast. Ripple has built faster, cheaper alternatives to traditional correspondent banking and supports real-time payouts in over 60 markets.