In a digital age where speed defines utility and efficiency, the financial world still grapples with an outdated, fragmented cross-border payment system. While data moves around the globe in milliseconds, money is still crawling through corridors built decades ago. This stark contrast is the crux of a passionate video commentary by pseudonymous crypto commentator Tallguytycoon, whose recent post, “XRP in 17 Minutes,” articulates why XRP is poised to replace SWIFT and why its potential valuation could soar into the trillions. His message, both urgent and visionary, captures the essence of what Ripple and XRP have been building for over a decade, a financial network as fluid and fast as the internet itself. The Problem with the Current System Traditional financial systems like SWIFT , Western Union, and MoneyGram operate on legacy frameworks that are slow, expensive, and inefficient. As Tallguytycoon explains, “One of the biggest issues with the system is that not all banks are connected to the same network.” When Bank A wants to send funds to Bank B without a direct relationship, the transaction must pass through multiple intermediary banks. Each intermediary adds time, cost, and complexity. In some cases, currency conversion takes an additional toll, such as converting Japanese yen to USD before reaching the final local currency, introducing more steps, more fees, and more friction. These inefficiencies have existed for decades, largely unquestioned by the public because they happen behind the scenes. “Nobody cares about what’s happening behind the scenes,” Tallguytycoon points out. “Your money could be moved on the XRP ledger, and you wouldn’t even know.” Ripple: A New Financial Protocol for a Digital World Ripple, the company behind XRP , envisioned a world where moving money is as seamless as sending an email. Their network, known as RippleNet, operates with the Ripple Transaction Protocol (RTP) and the XRP Ledger, creating a system designed to move value as fast as the internet moves information. Just as the internet is built on communication protocols like HTTP (HyperText Transfer Protocol), RippleNet has its financial protocol layer. As Tallguytycoon puts it, “The internet itself runs on a system called protocol… just as the internet runs on HTTP, RippleNet has its protocol, and that’s the XRP Ledger.” This protocol allows banks and financial institutions to bypass SWIFT and other outdated messaging systems, enabling them to settle transactions in real-time with minimal cost. Unlike the Bitcoin blockchain, which was primarily designed for peer-to-peer transactions and decentralized wealth storage, the XRP Ledger was engineered with institutions in mind. XRP’s speed and cost efficiency far surpass that of Bitcoin. Transactions settle in about 3-5 seconds and cost a fraction of a cent. Validators and the Unique Node List (UNL) RippleNet is decentralized, but not in the anarchic sense. It relies on a carefully curated system of validators, which are independent servers around the world that verify transactions. Anyone can run a validator, similar to how anyone can run a Bitcoin node. These validators use a Unique Node List (UNL), a recommended list of trusted validators, to achieve consensus. In Tallguytycoon’s words, “When a validator receives a transaction, he consults with other validators and they collectively decide on its validity. If 80% or more of these validators approve the transaction, it is recorded in the XRP ledger.” This system ensures both decentralization and stability, balancing openness with performance. XRP’s Role in Cross-Border Liquidity XRP’s true power lies in its ability to function as a bridge currency. In a typical Ripple transaction, a bank converts its local currency into XRP, sends the XRP across borders, and then the recipient bank converts it into its local currency—all in seconds. There’s no need for pre-funded nostro/vostro accounts, and liquidity is sourced on demand. This is a revolutionary model in global finance. “Ripple is a network built to move money as fast as the internet moves information,” says Tallguytycoon. And unlike SWIFT, which is merely a messaging system requiring settlement afterward, XRP settles value instantly. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 It’s this very use case—real-world utility in global liquidity- that justifies the belief that XRP could be worth trillions. Not as a speculative asset, but as the central lubricant in a reimagined financial engine. The Shift Toward Utility Over Hype Cryptocurrency markets have long been driven by hype and speculative mania. But Ripple’s trajectory has been markedly different. It’s not chasing buzz; it’s building infrastructure. The XRP Ledger has processed over 2.7 billion transactions since its inception and is actively used by institutions for remittances, treasury operations, and more. Still, widespread adoption takes time. “We have to talk about the coming fundamental shift in how money moves. It’s never been done on this scale before,” says Tallguytycoon. He compares this transition to the evolution of the internet itself, reminding viewers that it took 34 years for the internet to become what it is today. Financial revolutions are slow, not because the technology isn’t ready, but because regulation, trust, and global coordination take time. RLUSD, Tokenization, and the Future of Ripple Ripple has doubled down on its utility vision with the launch of RLUSD, a U.S. dollar-backed stablecoin designed for enterprise use. The move solidifies Ripple’s intent to create an ecosystem where both digital assets (like XRP) and tokenized real-world assets can move freely across chains and platforms. With the integration of XRP Ledger sidechains, bridges to Ethereum, and developments in tokenized securities, Ripple is constructing more than just a payments network, it’s building the financial infrastructure of the next digital era. XRP at the Center of the Future Financial System So, is XRP “the golden best,” as Tallguytycoon asks? It may not be about price speculation alone, but about fundamental transformation. The idea is not just that XRP will be valuable, but that its value will be derived from solving a real problem, how money moves. “Understanding the problem that XRP solves is what makes it at the centre of the future financial system,” he concludes. And rightly so. In a world that demands speed, cost-efficiency, and interoperability, XRP stands out not just as a coin but as a protocol layer for a global financial internet. Whether or not the world is ready, XRP is quietly laying the groundwork for a new age of value exchange. And just like the internet, when the shift finally happens, most people won’t realize it; they’ll just notice everything works better. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP in 17 Minutes: Why XRP Will Replace SWIFT and Be Worth Trillions appeared first on Times Tabloid .
