There is growing speculation about whether Ripple will one day be able to do this replace some conventional banking functions with XRP intensified last week after Paul Barron, founder of the Paul Barron Network, explained why XRP is at the center of global finance. His statements highlight XRP’s potential to transform future financial infrastructure and growth its role in payments and digital money flow.
Why Ripple Can Replace XRP Banks
November 22 Barron there was a spark debate about X, explaining why he thinks XRP can be designed to take on fundamental elements conventional finance. According to his report, XRP stands out as one of the few digital assets that can operate without a counterparty, so it can serve as a neutral settlement layer in global institutions.
Barron emphasized that banks and blockchain applications are rapidly connecting to each other, creating a system where lending, settlements and cross-border transfers can occur instantly on-chain. He argued that XRP is at the center of this change, enabling value to flow seamlessly between systems operating on different technical standards.
He believes that XRP plays this key role because serves as a bridging elementRouting transactions behind the scenes in high-traffic environments where speed and reliability are critical. He also claimed that any fresh stablecoin and tokenized real world assets (RWA) deployed on blockchains inherently increases the need for frictionless assets like XRP that can transfer value between networks.
Barron’s statements suggest a future in which conventional financial rails operate less visibly than blockchain networks handle global cash flows. He believes this transition is already underway, with XRP being seen as a connecting mechanism capable of replacing legacy settlement workflows, which are typically sluggish, narrow and reliant on multiple intermediaries.
Crypto Analyst Responds to XRP Claims
Pseudonymous cryptocurrency analyst “Fishy Catfish”. questioned and criticized Barron’s claims, arguing that XRP is unlikely to replace any conventional banking functions. He dismissed XRP as a “banking-themed meme coin” with minimal real-world application, quoting low adoption rates on XRP Ledger (XRPL)narrow developer activity and negligible DEX volume.
Fish Catfish he emphasized that banks operate through established systems such as FASTthat are controlled by thousands of financial institutions, leaving little room for XRP to take over basic banking functions. He noted that SWIFT is not a third-party intermediary for banks – it represents the banks themselves. As a result, XRP may face significant barriers replacing an older system such as SWIFT.
Cryptocurrency analyst said XRP’s role is exaggerated on social media, stressful that the network “is not cheaper and does not solve anything.” He also emphasized that actual XRP activity remains well below levels necessary to support institutional uses. According to him, the low activity on the network and the tiny revenue generated from user fees highlight the fundamental discrepancy between Current XRP utility and Barron’s prediction that cryptocurrency will replace conventional finance.
Featured image created with Dall.E, chart from Tradingview.com
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