XRP Tested by Japanese Megabank Claims SWIFT Transfers in Four Seconds
dailycoin
04-23 00:00

In a brief but pointed update, Dr. Kamilah Stevenson highlights live data from Japan suggesting Ripple’s XRP is already matching — and undercutting — legacy bank messaging giant Swift.

According to the financial expert, real-world remittance tests by a major Japanese financial group indicate that XRP-based transfers can replicate what SWIFT does, but in roughly four seconds and at a fraction of the cost.

Japanese Bank Trials Put Numbers On XRP’s Speed & Cost

The centerpiece of the YouTube video is a claim grounded in production usage, not lab simulations: “XRP can do what Swift does in four seconds at 60% of the cost.”

Sponsored

The host attributes this performance to remittances run by SBI Holdings, described as one of Japan’s largest financial institutions.

Crucially, Kamilah Stevenson stresses that this is not a sandbox experiment. SBI has been “running live XRP remittances since 2021,” suggesting two-plus years of operational data behind the comparison.

While the video doesn’t unpack technical specifics, the implied benchmark is end-to-end settlement for cross-border payments, where Swift’s process often takes hours to days and involves multiple intermediaries.

What It Means For Legacy Rails & Crypto Market Narratives

If these figures hold more broadly, they strengthen XRP’s longstanding pitch as infrastructure for fast, low-cost international transfers.

A 60% cost reduction versus Swift, paired with near-instant settlement, targets a core pain point for banks and remittance providers rather than retail traders.

The YouTube video doesn’t delve into regulatory questions, ongoing litigation history, or how many corridors SBI has activated, leaving some uncertainty around scale and profitability.

But for crypto investors, the key takeaway is that a large, regulated institution has apparently been using XRP in production since 2021 and is publicly comfortable with performance comparisons against Swift.

For the wider market, this reinforces a broader shift: if blockchain assets can quietly handle real payment flows for established banks, their value case becomes less about speculation and more about replacing or augmenting existing financial plumbing.

The missing pieces are still deployment breadth, regulatory clarity across jurisdictions, and whether other banks follow SBI’s lead — or stick with upgraded versions of Swift and internal systems.

If more institutions report similar numbers, XRP’s role in cross-border settlement could move from narrative to measurable competition with traditional rails, forcing banks and infrastructure providers to justify slower, more expensive options.

Dig into DailyCoin’s trending crypto scoops today:

Shiba Inu Edges XRP With 38% Volume Spike As OI Jumps
Pi’s Verified Badge Era Just Got Activated: Bounce On?

People Also Ask:

Is XRP already replacing Swift?

Based on the video, no — but in SBI’s live remittance setup, XRP is performing Swift-like cross-border functions faster and cheaper on specific routes.

How fast are the XRP transactions mentioned?

The host cites transfers completing “in four seconds,” contrasted with slower, multi-step Swift processes.

Who is using XRP in production according to the video?

SBI Holdings in Japan, described as one of the country’s largest financial institutions, has been running live XRP remittances since 2021.

What’s the claimed cost advantage over Swift?

The commentator says XRP achieves the same function “at 60% of the cost” of Swift-based transfers in the referenced setup.

Tip
$0
Like
0
Save
0
Views 367
WalletJYS reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”,and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
Android 7.0 version Apple Music released: Apple upgrades brand visuals, introduces liquid glass design
After about a month of Beta testing, Apple officially launched Android 7.0 Apple Music, which features a liquid glass design, brand-new icons, and a visual update to the brand identity. The new version also redefines interface elements such as the bottom navigation bar, mini-player, top bar, artist pages, and settings pages.
The Block
·2026-10-31 10:04:50
15
U.S. Stock Market: NASDAQ 100 Index Plunges 3.5% AI Increased Investment Doubts Lead to Selling of Tech Stocks
Tech stocks tumbled for a second consecutive day on Friday, with concerns over AI spending and weak core businesses of large tech companies putting pressure on the market. The Nasdaq 100 index fell 3.5%, with individual stocks such as Intel, AMD, NVIDIA, and Amazon also declining. The S&P 500 index, the Dow Jones Industrial Average, and the Nasdaq index also closed lower.
The Block
·2026-10-31 09:35:26
25
Who decides on the liquidation when assets remain with the custodian bank and funds are lent out onto the blockchain?
After institutions hand over their collateral to qualified custodian organizations, they can still obtain funds from the on-chain lending market. This is the approach outlined by Chainlink on October 26th when introducing CustodySync. The official first-party partner is Anchorage Digital Bank, which, in conjunction with its Atlas collateral management product, integrates the custodial arrangements familiar to institutions into the liquidity of DeFi.
币界网
·2026-10-31 08:54:08
55
The unemployment rate in the eurozone remains at 6.5%, yet the number of unemployed has increased by 122,000.
The unemployment rate in the eurozone in September remained the same as in August, at 6.5%; however, the number of unemployed increased from 11.433 million to 11.555 million, an increase of 122,000 in just one month. These figures, released by the European Union Statistics Office on October 30th, present another side of the so-called "stable unemployment rate": while the ratio shown in the headlines remained unchanged, the number of people joining the ranks of the unemployed continued to rise.
币百科
·2026-10-31 08:54:04
33
Eurozone GDP growth slows month-on-month, but rises to 1.3% year-on-year
Within the same GDP table, the quarter-on-quarter growth rate in the eurozone dropped from 0.6% to 0.4% in the third quarter, while the year-on-year growth rate increased from 1.2% to 1.3%. If only one line of data is considered, the economic trend might seem to tell two opposite stories. According to the preliminary rapid estimates released by the European Union Statistics Office on October 30th, these two sets of figures need to be viewed together, and readers are advised to first distinguish between the time periods being compared.
币百科
·2026-10-31 08:54:02
31
View More