DeFiance Daily – Ripple’s flagship Swell 2025 conference in New York City brought more than 600 leaders from Wall Street, crypto, and global policy into the same room—and the message was clear: tokenization, stablecoins, and real-time payments are no longer experiments, they’re infrastructure. Across two days of keynotes from Ripple CEO Brad Garlinghouse, executives from BlackRock, Nasdaq, and JPMorgan, and a spotlight on Ripple’s RLUSD stablecoin and potential XRP ETF momentum, Swell doubled down on the idea that TradFi and crypto aren’t converging someday—they’re converging now.