Watcher Guru's X account, a known crypto news platform, was compromised. The hacker posted a false announcement about SWIFT and Ripple partnership, sparking new debates on XRP's future in cross-border payments.
Watcher Guru Account Hacked
Recently, Watcher Guru's account on the social platform X was hacked. The hacker disseminated false information about an impending agreement between SWIFT and Ripple to use XRP for cross-border payments. The post also claimed that billions of XRP were allegedly held in escrow for liquidity purposes. The Watcher Guru team quickly regained control of the account and clarified that the information was not legitimate.
SWIFT's ISO 20022 Article
Following the SEC's decision to drop its appeal in the Ripple case, SWIFT published an article about its plans to leverage ISO 20022 digital assets for seamless cross-border payments. The article highlights improvements in reconciliation, payment forecasting, and working capital management enabled by the new FINplus service. The timing of the publication drew significant interest from crypto analysts.
The Future of Cross-Border Payments
Financial institutions continue exploring blockchain technologies, with XRP seen as a potential solution due to its ISO 20022 compliance. SWIFT’s efforts to standardize payment messages suggest a shift toward more digital and automated financial operations. While no direct collaboration with XRP has been announced, the implementation of new standards points towards increased adoption of digital assets in global payments.
The events surrounding the Watcher Guru account hack and SWIFT's new publication have reignited interest in XRP's role in future cross-border payment systems. These developments may indicate a path toward more efficient and secure payment solutions.
