Ripple Senior Vice President Ripple says that Ripple is building update or similar replacement

Erik van Melting, SVP Ripple SVP for strategic initiatives, discussed the company’s recent efforts to revolutionize global financial infrastructure.

Specifically, Miltenberg indicated that Ripple puts itself as A substitute for Swift. This perspective participated while speaking in a committee during the 2025 World Economic Forum in Davos.

Crypto Eri Community Figure XRP recently drew a Miltenburg statement in a tweet. This is followed by the continuous debate in society on the increasing role of Ripple in global payments amid the company’s new acquisition.

Ripple infrastructure: a modern alternative to Swift

During the discussion episode, Eric Van Miltenberg Assure The role of Ripple in providing critical infrastructure for border payments. The Van Miltenburg, which describes the Ripple product, described that Ripple aims to be a “quick update or replacement”.

He also highlighted the company’s continuous efforts to work closely with customers while ensuring organizational compliance. According to Van Miltenberg, Ripple adapts to the advanced needs of its customers, especially those in traditional financial institutions, which increasingly adopt the fastest innovation and the most flexible operations.

ERI commented on the painting clip, noting that Swift’s Ripple aspirations look more competitive than collaboration. In thinking about her history with Swift since 2019, she said: “They are (fast) they did not like Ripple/XRP.”

It is worth noting that the idea of ​​Ripple with Swift was a hot theme in the XRP community. In her comment, ERI tackled speculation that the Ripple payment infrastructure may work alongside Swift or that the two systems could complete each other.

Recovered traction after the last Ripple Accepted on the hidden roadWhich some believe can lead to integration with traditional payment systems.

Instead, ERI explains Van Milteenburg’s comments as a clear indication that Ripple imagines herself as a quick alternative, not an attachment.

Likewise, the XRP Arthur analyst Argue Ripple’s basic mission has always been to replace Swift, not partnership with it. He emphasized that the acquisition of Road Hidden Road is a step to overcome old systems like Swift. Moreover, Arthur claims that Swift can be responsible because of its role in global sanctions and central control.

Clarify the role of XRP in the cross -border payments

Moreover, ERI explained a common wrong idea about the role of XRP in Ripple. She explained that although XRP is an essential feature of Ripple Payments, the company is seeking to provide customers with what they want.

Whether it is xrp, USDC, or USDTRipple guarantees that its platform accommodates the specific needs of its users. ERI emphasized that XRP is not always necessary for some transfers, especially those that include USDT or other stablecoins. In cases of direct transfers, adding XRP would only provide unnecessary complexity and costs.

The Ripple platform seeks to facilitate direct transactions without the need for intermediate steps such as XRP in each transfer. In essence, the use of XRP is a choice in Ripple payment transactions.