I may have it wrong but I took the c22 mil daily swift messages from the official data of swift website.
I don't think that this volume can be compared with the 42 mil volume of ripple to judge if ripple is undervalued or not since it is different things.
But ripple as a company doesn't generate income. The only profitability comes from 1) burning xrps at each transaction (dividends to shareholders) 2) pure speculation about how much this service should be worth.. That is why although ripple is amazing and will be in our day lives in the future I am not convinced that it is not a huge bubble now ready to pop.
Taking into account the quality and number of the gateways, the fact that initial shareholders can dump xrps anytime and crash the market I think ripple is very expensive (cough cough...ripple FUD)...
Now let's see BTS... That monster will be served as a secured decentralized bank that no one can confiscate your assets, it will become user friendly and easy for forex trading as ripple and will be by protocol a profitable company, it's future potential will be affected by future demand and speculation as ripple. It is way undervalued now and has the potential to be worth trillions assuming half of the people in earth decide to use this platform as a bank instead of current banks.
Of course if xrp becomes adopted as a reserve currency as usd then it is a completely different story and ripple will be worth trillions as well..
Please someone correct me if my logic is not correct. If I underestimate ripple and I overestimate BTSI would like to be proven wrong now rather than next year...