Former SWIFT CEO: Network Open to XRP — But Only If It Meets Compliance
A former SWIFT CEO told industry audiences that SWIFT would be open to using XRP, but emphasized a single non-negotiable condition: the token must meet established compliance, settlement and interoperability standards — including full alignment with ISO 20022 messaging and the regulatory frameworks banks rely on. The remark frames XRP’s potential institutional role not as a technical question alone but as one of trust, controls and legal clarity.
The timing is notable: XRP’s ongoing transition coincides with SWIFT’s ISO 20022 rollout and a phased decommissioning of older payment infrastructure. If XRP or similar tokens can prove compliance and operational reliability, they could speed cross-border settlement and liquidity. Still, widespread adoption will depend on regulatory certainty and correspondent banks’ willingness to integrate crypto-based rails into existing finance stacks.