They Said It Live On CNBC. Ripple Is Going After SWIFT

Crypto strategist and marketer John Squire has issued a firm statement regarding XRP’s role in the evolving financial system, emphasizing what he presents as a clear strategic objective.

In an X post, Squire wrote that “XRP is targeting the system,” adding that the message was stated live on CNBC. He further asserted that Ripple is going after SWIFT, describing the situation as a direct challenge rather than speculation. According to Squire, XRP is already positioned to play a role in this shift.

The post references an interview with Dan Morehead, founder of Pantera Capital, where broader developments in the digital asset space were discussed. Squire used the remarks to reinforce his position that XRP is part of a competitive landscape targeting established financial infrastructure.

CNBC Interview Frames Competitive Landscape

During the CNBC segment, Morehead reflected on the evolution of blockchain technologies, noting that earlier positions in assets such as Bitcoin and Ethereum have given way to a more diversified view of the market.

He acknowledged that newer platforms like Solana demonstrate significant transaction capacity, stating that Solana could theoretically handle billions of transactions daily.

When asked whether innovations are still necessary, Morehead suggested that while high-performance blockchains already exist, different networks are pursuing distinct use cases.

Within that context, he remarked that Ripple is “going after Swift,” while Bitcoin continues to serve as digital gold. His comments framed the industry as one defined by specialization rather than a single dominant solution.

Squire’s post draws directly from this statement, presenting it as confirmation that Ripple’s ambitions are openly recognized within mainstream financial discussions. By emphasizing that he made this remark during an interview, Squire underscores the visibility of XRP’s positioning in relation to traditional systems.

Community Reaction Reflects Broader Narrative

An X user, Ernest Cheah, responded to the post by interpreting the situation as standard business competition. He argued that established institutions initially viewed Ripple and XRP as a threat, referencing regulatory action as part of that response. He further stated that Ripple and XRP have moved beyond those challenges and are advancing their objectives.

Cheah added that the company has endured for more than a decade and is now progressing forward. His comment characterizes its trajectory as a resurgence, which reflects a sentiment shared by segments of the digital asset community.

Squire’s original message, combined with the CNBC interview and subsequent reactions, presents XRP as part of a broader contest between emerging blockchain solutions and long-standing financial infrastructure.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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