Morgan Stanley Backs Ripple: ’The SWIFT Killer Banks Have Been Waiting For’
Wall Street giant Morgan Stanley throws weight behind Ripple’s blockchain solution—positioning it as the first credible threat to SWIFT’s 50-year dominance in cross-border payments.
Why it matters: Banks are tired of paying ’vintage 1973’ fees for transactions slower than a fax. Ripple’s real-time settlements could finally drag correspondent banking into the digital age.
The fine print: This endorsement comes as regulators globally tighten screws on crypto—because nothing says ’adoption’ like institutional approval with one hand while lobbying against decentralization with the other.
“Morgan Stanley considers Ripple to be a leading international payment alternative to Swift.”
… https://t.co/Rpmk5HOcjS pic.twitter.com/ovRTx6IYbH
— SMQKE (@SMQKEDQG) May 1, 2025
Revolutionizing Financial Transactions Through Blockchain-Powered Cross-Border Payment Solutions
Banking Giant Finally Sees Clear Advantages
Transformation – Source: Bu.Edu
According to Morgan Stanley’s publication ““ which came out last year, a “” could significantly reduce settlement times while also lowering fraud risks.
The report specifically notes howthat currently slow down money movements between countries—sometimes taking up to 3-5 business days for no good reason.
the analysis states, pointing to the XRP ledger’s ability to process transactions in seconds rather than days, which is pretty impressive when you think about it.
The $120 Billion Problem We Keep Hearing About
JPMorgan had previously identifiedfrom inefficient cross-border payments. Multinational corporations move $23.5 trillion each year through systems that haven’t seen proper updates since the 1970s. Their research found several key issues:
- SWIFT still depends entirely on legacy correspondent banking (which is crazy in 2025).
- CLS Group only supports 18 currencies despite claiming to be global.
- Ripple’s real-time infrastructure shows real promise but still faces crypto volatility concerns.
Institutional Validation Slowly But Surely Grows
Transformation – Source: Bu.Edu
The Boston University Review of Banking & Financial Law (Vol. 36) recently republished Morgan Stanley’s assessment, giving academic weight to Ripple’s growing credibility in financial circles. While SWIFT processes remain dominant for now, over 25% of global GDP currently moves through systems that Morgan Stanley considers ripe for disruption—and that percentage is only growing year after year.
When it comes to cryptocurrency some of more ‘tradiitional’ players are still uncomfortable with volatility, which is the antithesis to what they seek most. Still, with Ripple now actively building its SWIFT competators, and many of the world’s largest banks only revisiting blockchain technology over the past few years, the pressure on these incumbents is increasing faster than could have been expected even two or three years prior.
