XRP is positioning itself as a potential alternative to SWIFT, addressing concerns over global banking liquidity strains. The XRP Ledger, known for its efficient cross-border transactions, is scheduled for testing in November 2025. Ripple CEO Brad Garlinghouse anticipates the XRP Ledger could capture 14% of SWIFT’s $155 trillion annual trading volume. Speculation exists around a non-disclosure agreement between Ripple and SWIFT possibly delaying integration details. In parallel, the U.S. government shutdown has spurred interest in cryptocurrencies as a hedge against fiat devaluation, with Bitcoin reaching a new high of $125,000.