CNBC Guest Claims Ripple (XRP) Could Supplant SWIFT

Ripple's Challenge to SWIFT: Dan Morehead, founder of Pantera Capital, emphasized in a CNBC interview that Ripple is actively competing with SWIFT, aiming to modernize international payments with its XRP Ledger technology, which offers faster and cheaper transactions.

Outdated SWIFT Infrastructure: Morehead highlighted the inefficiencies of SWIFT's legacy system, which can take days for transactions, contrasting it with Ripple's near-instant settlement capabilities that address the urgent need for improved global finance solutions.

Recognition of XRP's Utility: The discussion reinforced the notion that XRP has practical applications beyond speculation, as Ripple's partnerships with banks and payment providers demonstrate its utility in enhancing international money transfers.

Solana's Performance Mentioned: While praising Solana's transaction capabilities, Morehead still underscored Ripple's mission to replace or enhance SWIFT, indicating that Ripple's focus on real-world financial needs is a significant aspect of its value proposition.