A prominent cryptocurrency commentator known as Remi Relief has developed theories linking Ripple, SWIFT and the global banking system to long-term XRP valuation.

His post on social media platform X was in response to a discussion initiated by renowned analyst Paul Barron, who questioned whether Ripple’s strategy had always been to connect the increasingly fragmented world of bank-issued stablecoins. The idea highlights the usefulness of XRP in providing liquidity between institutional networks, with Remi Relief noting that it could raise the price of XRP to $1,000.

Theories of the Ripple/SWIFT dual system

Remi’s relief he suggested it the global payments structure could be split into two interconnected systems where both could be enabled they ultimately rely on XRP for settlement and support the cryptocurrency price at $1,000. The first theory proposes renewed version of SWIFT which would retain much of the existing framework but include blockchain-based assets such as XRP, XDC, HBAR and Chainlink to achieve faster transaction speeds and better efficiency. Despite these improvements, it would still face skepticism from some financial institutions due to its past weaponization.

Second theory it’s a setup a modern Ripple-based network was built in cooperation with Thunesthat would function as a more trusted and independent channel for cross-border payments. This system would be much faster, much cheaper and would be more trusted by countries.

According to Remi, the two models will coexist for some time, giving banks and governments the freedom to choose based on transaction scale, cost and reliability. However, he believes that the Ripple-Thunes system will gain dominance in the future and overtake SWIFT as more banks exploit it.

Regardless of which of these two theories prevails, Remi Relief has pointed out that both have the potential to push XRP to $1,000 faster than most people think.

Paul Barron’s Perspective on Institutional Stablecoins

Paul Barron’s first post which prompted Remi Relief, is based on the growing race among major banks to issue their own stablecoins. He stressed that while SWIFT continues to promote neutral rails, banks such as JPMorgan, Bank of America, Citi and Wells Fargo are developing Stabilcoins consortium based in the USA. Similarly, European institutions such as ING and Deutsche Bank plan to introduce euro-denominated versions by 2026.

Barron warned that the trend towards proprietary stablecoin systems will further fragment the global financial network and create walled gardens in which each bank’s stablecoins operate in isolation.

In his opinion, such fragmentation would reveal the original purpose of XRP and that may have been the plan Ripple CEO Brad Garlinghouse from the beginning. The plan has always been to exploit XRP as a bridging asset enabling interoperability between otherwise disconnected financial ecosystems. This feature is in line with Ripple’s long-standing vision for XRP Ledger as a neutral settlement layer enabling straightforward cross-border transfer of value between various digital and fiat systems.

At the time of writing, XRP is trading at $2.41 and is far from trading at $1,000.

Featured image from Freepik, chart from Tradingview.com