The Depository Trust & Clearing Corporation (DTCC) recently announced plans to integrate Canton Network, a permissioned network, which is substantially different from public ledgers like Ripple’s XRP.
However, the fight for the default settlement layer in SWIFT’s new DLT-based financial ecosystem escalates to unprecedented levels and XRP’s on-demand liquidity (ODL) might be the game-changer everybody’s looking for.
While the DTCC is in preparations to activate multiple United States-based treasuries in Q1 of 2026, the XRP Army relies on scaled institutional use for price appreciation. As XRP coin won back the crucial resistance at $1.42 on Friday, the trading volumes almost breached $3 billion.
If XRP’s chain captures a significant portion of SWIFT’s annualized trading volume, the activity could explode into tens of billions a day, but market watchers are divided in opinion of how much Ripple’s XRP chain can actually capture. According to Brad Garlinghouse, that could be 14%.
Ripple’s CEO was flourishing with optimism once the Clarity Act proceeded, a stablecoin focused bill that could potentially open doors for RLUSD’s use on a federal scale. With the Clarity Act’s fate still unknown, negotiations behind closed doors are expected to bear fruit by March 1, 2026.
Moreover, as Bitcoin (BTC) still trades in a narrow range between $62K & $69K on the weekly time-frame, utility altcoins could steal the show given the favorable regulatory circumstances. According to Chart Nerd, both Ripple (XRP) & Stellar (XLM) could be applied as a merged settlement system.
As for SWIFT, XRP & XLM are similarly positioned for integration due to compatibility with the new ISO 20022 global messaging standard. SWIFT’s new financial gold standard went live late last year & now covers the majority of partnered traditional banking institutions, including the XRP-embracing HSBC Bank.
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What is the ‘SWIFT multi-chain future’ referring to? SWIFT is the global messaging network for cross-border payments (handling ~$155T yearly). Its “multi-chain future” means integrating blockchains for faster, cheaper transfers.
Will XRP really absorb most of SWIFT’s market share? It’s speculative—Ripple CEO Brad Garlinghouse predicted XRP could capture 14% of SWIFT’s volume (~$21T/year) by 2030, based on its speed/efficiency for payments.
What’s the DTCC patent diagram about? The United States patent (2024/0005490 A1, Fig. 178) shows transaction chains “merging” Stellar and Ripple BridgeNodes for mega-efficient institutional flows.
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