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Potential Collaboration Between Ripple and SWIFT: Expert Opinions

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by Giorgi Kostiuk

a day ago


A recent tweet by crypto commentator Digital Assets Daily has drawn attention to past comments from Ripple regarding its relationship with SWIFT.

The Tweet That Sparked Discussion

The tweet, which lacks any attached video or sources, refers to a statement made by Ripple CEO Brad Garlinghouse suggesting a potential partnership with SWIFT. Digital Assets Daily noted that the expressions of SWIFT representatives were visibly uncomfortable when they realized Ripple’s technology could surpass theirs.

Community Reaction

The commentary elicited curiosity and speculation from the crypto community. One user expressed that it would be wise for SWIFT to partner with Ripple and incorporate XRP for the future of the global economy. However, Digital Assets Daily did not specify which rumors he was alluding to.

Ripple’s Long-Term Positioning and SWIFT’s Modernization Efforts

The possibility of cooperation or competition between Ripple and SWIFT remains a hot topic in the digital asset sector. Ripple’s On-Demand Liquidity service, utilizing XRP for payments, offers real-time settlements, bypassing traditional banking networks. Meanwhile, SWIFT continues to modernize its system, showing interest in blockchain technologies.

While no official statements about a partnership have been made, Digital Assets Daily’s tweet reflects ongoing speculation about the future alignment of these two entities in the financial technology landscape.

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