- Rumors suggest banks are testing XRP within SWIFT’s $5 trillion-a-day infrastructure, hinting at potential mainstream adoption.
- If true, even limited integration could significantly boost XRP’s value and reshape global payments.
A new wave of speculation is sweeping through the crypto world following a rumor that XRP may be undergoing testing within the SWIFT infrastructure. The claim, first shared by well-known crypto analyst Steph (@Steph_iscrypto) on X, suggests that multiple banks are experimenting with XRP as a potential bridge asset in SWIFT’s global payment network.
While unconfirmed, the implications are massive. SWIFT processes over $5 trillion daily, connecting more than 11,000 financial institutions worldwide. Integrating XRP—a digital asset known for its speed and low transaction fees—into such a system could mark a turning point for crypto adoption in traditional finance.
Steph noted that “multiple banks are reportedly testing XRP” within SWIFT’s framework. Though details remain speculative, this aligns with previous SWIFT documentation that acknowledged XRP’s potential role as a bridge currency. If these trials are indeed underway, it could signal Ripple’s progress toward deeper integration with legacy financial systems.
Also read: Ripple CEO Brad Garlinghouse Denies Paying Influencers to Promote XRP: “We Know What We Hold
XRP’s technological edge over SWIFT is well-documented. Transactions using XRP settle in seconds, compared to the one-to-three-day window typical of SWIFT. Ripple CEO Brad Garlinghouse has long criticized SWIFT as outdated, arguing that blockchain-based solutions like XRP are not only faster but also more cost-effective.
For years, Ripple has built strategic partnerships with banks and payment providers. If XRP is now being tested inside the very infrastructure it aims to disrupt or enhance, the door to widespread institutional adoption could be swinging open.
Despite the lack of official confirmation from Ripple or SWIFT, the rumor is gaining traction. Steph emphasized that even a small fraction of SWIFT’s daily volume—say 1%—could have a monumental effect on XRP’s valuation. Some analysts estimate such a scenario could push XRP’s price as high as $35.86.
If the speculation proves true, this would be more than just another crypto headline. It could mark one of the most pivotal milestones in the history of digital finance—where legacy banking and blockchain technology finally converge.
