news 
**Breaking: SWIFT Partnership Could Drive $30 Trillion Through Ripple Network**
A recent report has sparked widespread excitement in the cryptocurrency community, suggesting that SWIFT may soon adopt XRP and Ripple as an alternate settlement layer for interbank transactions. This potential partnership could have a profound impact on the digital asset market, with some projections estimating it could drive up to 20% of SWIFT’s massive annual transaction volume through the XRPL.
To put this number into perspective, if successful, such a collaboration would translate to approximately $30 trillion in annual value flowing through the XRP Ledger. This monumental shift could revolutionize the cross-border payments space, allowing financial institutions to reduce operational friction and enhance their capital efficiency.
The updated projections, provided by technologist and crypto analyst Paul Barron, represent a substantial increase from previous estimates made just one month ago. These forecasts are based on growing institutional interest in Ripple’s technology and market momentum around it.
Ripple CEO Brad Garlinghouse previously predicted that XRP could capture 14% of SWIFT’s volume within five years, which would amount to approximately $21 trillion annually flowing through the XRPL. However, the latest projections aim even higher, suggesting a significantly more substantial impact on the network’s capabilities and adoption.
The proposed partnership with SWIFT, if confirmed, would mark the first time a legacy financial consortium has publicly endorsed a decentralized digital asset for settlements. This historic collaboration could have far-reaching implications for Ripple’s market capitalization and overall industry growth.
Source: coincentral.com
