SWIFT
SWIFT has begun a phased rollout of a payment scheme modeled on XRP's on‑demand liquidity approach to enable real‑time, ISO 20022‑compliant cross‑border payments. The move could steer institutional flows toward blockchains and token models that meet the standard.
Swift and Standard Chartered have unveiled a shared blockchain ledger to support global tokenized finance, building on Swift’s network that connects 11,500 institutions. The initiative aims to improve interoperability and accelerate settlement for institutional tokenized assets.
Standard Chartered analyst Geoffrey Kendrick projects XRP could grow roughly 73% per year over the next three years. Ripple CEO Brad Garlinghouse says XRP could capture 14% of payment volume currently handled by SWIFT within five years.
SWIFT has completed its migration to ISO 20022 in November 2025, retiring the legacy MT messaging format — a move that could reshape cross-border settlement and create new pathways for XRP and other utility coins. The upgrade promises richer payment data, better interoperability with tokenized assets, and faster liquidity flows between banks and crypto rails.
UBS and Chainlink have showcased a groundbreaking solution enabling financial institutions to use Swift messages for seamless on-chain token transfers, enhancing efficiency and compliance.
Swift announced a partnership with Consensys to build a conceptual prototype ledger aimed at enabling 24/7 real-time cross-border payments. This innovation could revolutionize global financial transactions by making transfers faster and more reliable.