SwiftCash Market Overview

As of June 9, 2025, the crypto currency SwiftCash closed at a price of $0.000788654. Over the past year, SwiftCash has experienced significant price fluctuations, reaching a 52-week high of $0.00100467 on February 16, 2025, and a 52-week low of $0.000362267 on August 6, 2024.

Ripple’s Ambitious Plans for XRP

In recent developments, Ripple CEO Brad Garlinghouse has set ambitious targets for the XRP Ledger (XRPL). During a press session at the XRP Ledger Apex 2025 in Singapore on June 10, Garlinghouse announced that Ripple aims for the XRPL to capture 14% of the SWIFT market’s global liquidity by 2030. This forecast emphasizes the XRPL’s potential in liquidity services over traditional messaging functions.

Garlinghouse highlighted that while RippleNet, Ripple’s global payments network, has hundreds of banking partners, the actual usage of XRP through On-Demand Liquidity (ODL) is currently limited to a select group of companies, including MoneyGram, SBI Holdings, and Santander. He noted, “SWIFT today has two components—messaging and liquidity. Liquidity is owned by banks. I think less about the messaging and more about liquidity.”

Shift in Global Currency Dynamics

In related financial news, Asian governments are accelerating their move away from the US dollar, driven by geopolitical uncertainties and shifts in monetary policy. The Association of Southeast Asian Nations (ASEAN) has outlined its Economic Community Strategic Plan for 2026–2030, which aims to promote trade and investment using local currencies. This initiative seeks to mitigate the impact of exchange-rate fluctuations by encouraging settlements in home currencies and enhancing payment links across the region.

The trend of reducing reliance on the dollar is not confined to Asia; globally, the dollar’s share of world foreign-exchange reserves has decreased from over 70% in 2000 to 57.8% in 2024. This shift was further underscored by a sharp sell-off of the dollar in April, attributed to uncertainties surrounding US policy.

Cryptocurrency Exchange Insights

For those new to cryptocurrency, selecting the right exchange is crucial. A recent guide highlights the best cryptocurrency exchanges for beginners in 2025, focusing on platforms that offer ease of use, secure infrastructure, low fees, and accessible learning tools. The guide compares leading platforms and wallets, including non-custodial options like MetaMask and Phantom, which allow for direct purchases without a centralized exchange. These features are essential for newcomers looking to navigate the crypto market effectively.