CEO Reveals Ripple’s XRP Is Driving A JPMorgan Competitor, Is SWIFT Next?

Share This Post

The Chief Executive Officer (CEO) of Teucrium Trading, Sal Gilbertie, has given a bold endorsement of Ripple and XRP, positioning the crypto payments company as a potential competitor to JPMorgan Chase. He described Ripple as a highly interconnected ecosystem that could scale globally once it acquires a banking license. As Ripple grows to challenge the largest bank in the US, it raises the question about how its rapidly expanding network could also rival legacy banking systems like SWIFT.  

Ripple Positioned As New JPMorgan And SWIFT Rival

Crypto enthusiast and XRP advocate Diana recently shared a striking interview between Paul Barron, founder of the Paul Barron Network, and Gilbertie. In the interview, the Teucrium Trading CEO shared his perspective on Ripple, showing full support for the crypto payment company’s growth and future potential. 

He explained that Ripple is actively building a fully operational financial institution capable of rivaling traditional banking giants like JPMorgan. The crypto payments company has also frequently been described as a competitor to SWIFT, positioning itself as a faster and more efficient alternative for cross-border payments.

Gilbertie stressed that once Ripple obtains a banking license, it would operate with the capitalization and operational discipline typically associated with top-tier banks. Notably, the crypto payments company has been seeking a US national banking charter from the Office of the Comptroller of the Currency (OCC) to establish a new national trust bank. If authorized, Ripple could become one of the first crypto-native companies to obtain a US national bank license.  

Moving forward, Gilbertie said during the interview that XRP lies at the heart of this growing banking ecosystem. He noted that Ripple has no intention of selling XRP, describing the cryptocurrency as a strategic asset whose value is intended to appreciate over time through its use across the XRPL ecosystem. 

The Teucrium Trading CEO also called Ripple a “machine,” highlighting how the company operates in a disciplined, coordinated way, with its team growing and innovating while keeping the network strong and connected. Furthermore, he boldly claimed that Ripple is at the center of the universe, underscoring its pivotal role in potentially shaping the global banking landscape. 

Gilbertie’s Validation Confirms XRP’s Role

The interview between Gilbertie and Barron drew strong, supportive reactions from many members of the crypto community, who interpreted the Teucrium Trading CEO’s statement as validation of XRP’s evolving role in institutional finance. Observers noted that hearing a regulated TradFi CEO describe Ripple as a JPMorgan rival offered rare institutional recognition that went beyond the usual industry speculation. 

They also pointed out that the timing of this endorsement coincides with the upcoming full enforcement of ISO 20022 standards and rising XRP ETF inflows. Diana, the XRP advocate who shared the interview, echoed this view, emphasizing that Gilbertie’s statements signal that infrastructure, compliance, and institutional interest are all aligning. She noted that price movements typically follow institutional and infrastructure rails, suggesting that XRP may be positioned for substantial growth once these rails are fully in place.

XRP

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

9 Ways MSCI’s Proposed Digital Asset Rule Could Undermine Index Neutrality

Bitcoin Magazine 9 Ways MSCI’s Proposed Digital Asset Rule Could Undermine Index Neutrality A proposed MSCI digital asset rule risks distorting index neutrality by redefining operating companies

XRP and Solana ETFs Maintain Strength as Bitcoin and Ether See Outflows

Bitcoin and ether ETFs ended their midweek momentum with fresh outflows on Thursday, while solana and XRP ETFs delivered steady inflows It was a mixed session that underscored different sentiments

Tether Targets a $500B Valuation with Major Share Sale Plan

The post Tether Targets a $500B Valuation with Major Share Sale Plan appeared first on Coinpedia Fintech News Tether plans to raise up to $20 billion in a new share sale that would value the company

Solana’s Firedancer Goes Live on Mainnet After 3 Years, Sol jumps by 6%

The post Solana’s Firedancer Goes Live on Mainnet After 3 Years, Sol jumps by 6% appeared first on Coinpedia Fintech News Solana blockchain, known for its fast transaction speeds and low fees, has

What Is The Next Crypto to Explode? BTC Delivered More Than 1000x, Can MUTM Be Next?

The post What Is The Next Crypto to Explode BTC Delivered More Than 1000x, Can MUTM Be Next appeared first on Coinpedia Fintech News The hunt for the next big winner in crypto coins keeps growing

Crypto CEOs “41-year” prison run rate predicts a brutal future doubling the 83-year record Do Kwon just set

US federal courts have imposed about 83 years of prison terms on crypto company leaders since early 2024 That total grew yesterday with Terraform Labs co-founder Do Kwon’s 15-year sentence tied to