SWIFT Is Transitioning to Ripple (XRP): Essential Information You Should Know

crypthub

2 days ago

SWIFT Upgrade Claim

SMQKE announced that SWIFT will be upgraded to Ripple, referencing a Matthew Le Merle presentation that places Ripple within a wider digital infrastructure shift. He shared the claim on Twitter, prompting discussion about a global payments system moving to blockchain rails for real‑time settlement. The statement linked traditional finance’s structural upgrade to tokenized networks.

Digital Infrastructure Evolution

Le Merle, a Bitwise advisory board director, described how modern finance now depends on digital custodians like Anchorage and Fireblocks, replacing many bank‑only functions. He said legacy networks such as SWIFT, Visa, and Mastercard are being transformed into digital equivalents, naming Ripple and Yellowcard as examples. Stablecoins such as Tether and Circle were also highlighted as part of the new ecosystem.

Implications for XRP

If SWIFT adopts a Ripple‑style blockchain, the XRP Ledger could become the backbone for instant cross‑border settlements, enhancing XRP’s utility and price prospects. Le Merle noted institutional interest, including BlackRock’s move into tokenization, where XRP already holds a prominent role. The scenario underscores XRP’s growing relevance in global finance.