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 64
CoinMeta 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
Google Survey: Scientists Save Nearly 7 Hours per Week Due to AI; After Efficiency Increases, Experiments Become a New Bottleneck
On September 15th, Google updated AI and Economy ATLAS, and announced a study in collaboration with Google DeepMind and MIT FutureTech. The study analyzed 2,600 professional AI models and surveyed over 600 scientists from the United States and the United Kingdom. The results showed that nearly half of the surveyed scientists used some form of AI daily, and they reported saving nearly 7 hours per week as a result. However, the study also found that with the rapid generation of more hypotheses, there was a backlog in physical experiments, clinical validation, and result verification. This conclusion is more comprehensive than the claim that "AI speeds up scientific research": while models can streamline some mental processes, they cannot automate...
CoinMeta
·2026-09-17 10:16:17
39
OpenAI Testing "Sponsored Agents": Ads No Longer Just Wait for Clicks, but Require Answers in Conversations
On September 16th, OpenAI announced a new round of product updates for ChatGPT Ads, among which Sponsored Agents has drawn the most attention. After seeing the ads, users can proactively enter an agent dialogue sponsored by merchants and clearly labeled with relevant information. There, they can continue to ask questions about size, features, applicable scenarios, etc., before deciding whether to visit the merchants' websites. OpenAI also introduced an ad management plugin, suggestions for copywriting and images, as well as text adaptation features. Additionally, HubSpot and Shopify were integrated into the system. It is important to note that the sponsored agent feature is currently only being tested with some advertisers in the United States and has not yet been fully rolled out to users worldwide or all merchants.
CoinMeta
·2026-09-17 10:14:59
41
Theo Launches Tokenized Silver Product thSLVR
Theo Launches Tokenized Silver Product thSLVR, and Incorporates Related Leased Assets into the Underlying Support Scope of thUSD.
CoinDesk
·2026-09-16 22:26:49
43
Latin American telecom operator VIVA integrates into Avalanche stablecoin settlement network
VIVA connects to the Iris network based on Avalanche, using the stablecoin USDi for settlement and US dollar reserves, indicating that stablecoins are entering the financial management scenario of telecommunications enterprises.
CoinDesk
·2026-09-16 22:26:47
46
Elon Musk proposes that AI companies test each other's models before making them public
Elon Musk suggests that major AI companies test each other before releasing their models, so that competitors can identify high-risk capabilities and vulnerabilities. This related discussion has once again intensified the differences regarding AI security and regulation.
Coinpaper
·2026-09-16 22:10:46
42
View More