SWIFT’s Latest Announcement Raises Questions About Ripple’s XRPL Blockchain

bitcoinistPublished on 2025-12-16Last updated on 2025-12-16

Abstract

Crypto pundit Chain Cartel suggests that SWIFT’s recent announcement about adopting a blockchain-based ledger closely mirrors Ripple’s XRP Ledger (XRPL) model. According to the expert, SWIFT’s goal of creating a neutral settlement layer with real-time finality, shared institutional visibility, and interoperability aligns with what Ripple has built over the past decade. However, SWIFT is developing its system in partnership with Consensys and Chainlink, not Ripple. Meanwhile, Ripple continues to grow its payment services, including plans to test its RLUSD stablecoin on multiple Ethereum Layer-2 networks, following recent regulatory approvals.

Crypto pundit Chain Cartel has raised several key points following SWIFT’s latest comment on its move to adopt blockchain technology. The pundit claimed that Ripple’s XRPL network best suits what SWIFT is trying to achieve and suggested that the two firms collaborate.

Pundit Points To Ripple’s XRPL After SWIFT’s Announcement

In an X post, Chain Cartel stated that SWIFT admitted they are building Ripple’s XRPL network, but did not explicitly say so in their announcement. The pundit was referring to an X post from SWIFT highlighting their earlier announcement to add a blockchain-based ledger to their infrastructure.

The pundit explained that SWIFT’s language in the X post suggests that they want to build something like Ripple’s XRPL. He declared that it is not Bitcoin, Ethereum, or any generic blockchain experiment but precisely what Ripple has been building for a decade. Chain Cartel noted that Ripple’s model has always been a neutral settlement layer, real-time atomic finality, shared ledger visibility for institutions, interoperability with legacy rails, and liquidity-first design.

Chain Cartel then alluded to SWIFT’s statement about its plans to build a blockchain-based ledger to be included in its payment infrastructure and provide a single source of truth, enabling instant, 24/7 cross-border payments. He declared that this is Ripple’s blueprints with the XRPL, as the crypto firm uses the network for its payment services.

In line with this, the pundit remarked that SWIFT doesn’t replace rails, but instead coordinates them, and that Ripple doesn’t replace banks, but instead connects them. He added that SWIFT is acknowledging that the future payment stack requires a ledger layer, not just messaging, and that the only model already battle-tested at scale is Ripple’s XRPL.

However, it is worth mentioning that SWIFT doesn’t plan to integrate Ripple’s Ledger. Instead, it is building this blockchain-based ledger in partnership with Consensys and Chainlink. As such, although SWIFT may plan to build a network similar to Ripple’s XRPL, it intends to do so without assistance from the crypto firm.

Ripple Looking To Expand Its Payment Service

Ripple is looking to expand its payment service, as it recently announced plans to begin testing its RLUSD stablecoin on Ethereum layer-2 networks Base, Ink, Optimism, and Unichain. The move comes just days after the OCC granted Ripple a conditional approval to become a bank, which is also a major boost for the firm’s payment service.

Ripple plans to expand its RLUSD stablecoin beyond the Ethereum and XRPL networks to these layer-2 networks through its partnership with Wormhole. The firm noted that the future of crypto is multichain, which is why it is adopting this strategy. This move gives Ripple’s clients greater options when using the RLUSD stablecoin, and it could also attract new users to the stablecoin, which is currently one of the fastest-growing stablecoins.

XRP trading at $1.87 on the 1D chart | Source: XRPUSDT on Tradingview.com

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