Speculation Mounts as SWIFT Could Adopt Ripple and XRP for Cross-Border Payment Settlements

SWIFT may consider Ripple and XRP for bank settlements, says Van Code, stirring interest in global payment innovation.

Fridah Kangai
July 15, 2025
11:30 am

Fridah Kangai

Fridah Kangai is a dedicated crypto journalist with a sharp eye for market trends, blockchain innovation, and digital asset movements. She specializes in breaking down complex topics into clear, engaging stories for both seasoned investors and curious newcomers. With a passion for decentralization and a pulse on the ever-evolving crypto space, Fridah delivers timely, accurate, and insightful coverage. Her work bridges the gap between technology and everyday understanding in the world of cryptocurrency.

Van Code hints at possible SWIFT and Ripple collaboration soon.
Ripple’s XRP may be used for interbank settlements via SWIFT.
SWIFT could modernize cross-border payments using Ripple technology.

A new claim by blockchain advocate Vincent Van Code has sparked excitement within the XRP community. According to Van Code on X, SWIFT may soon adopt Ripple and XRP as an alternative settlement layer for banks.

Should this come through, it would augur a new phase of financial communication and international payment systems. Van Code’s post implied that Ripple’s advancement had perhaps contributed to its decision to adopt the services of a blockchain-driven master Ripple.

SWIFT interlinks more than 11000 financial institutions to the global payment messaging platform. With its RippleNet and On-Demand Liquidity, Ripple provides real-time payments via instant conversion of one currency to another using XRP.

The big surprise will be when SWIFT announces it will use Ripple/XRP as alternative settlement for interbank payments.

You don't always have to destroy your opposition. Just scare them enough to make sure they play with you.
— Vincent Van Code (@vincent_vancode) July 13, 2025

ODL eliminates the need for pre-funded accounts by using XRP as a bridge between fiat currencies. The solution enhances liquidity and lowers the transaction cost and time among financing organizations that take part in its practice.

Van Code implied that Ripple’s growing power had perhaps given SWIFT the edge to cooperate. He observed that making changes is not always the only solution when progress can make the changes happen rather than being resisted.

Proponents of XRP have considered the Ripple technology to be a game changer in the international transfer of money.

This view is credible because of the possibility of SWIFT integrating XRP, which would give Ripple a stronger position in the industry.

Ripple’s Network Expansion Draws Industry Attention

Over the past few years, Ripple has been extending its worldwide associations with banking institutions and central banks. Meanwhile, SWIFT has also expressed an interest in blockchain and experimented with cross-chain technology on the Chainlink network.

The trends indicate that conventional financial networks are opening up to the use of blockchain. Part of the regulatory clarity has been established in the United States, where Ripple has some regulatory clarity, which is a potential supporter of future integrations as well.

The comments of Van Code do not make deals official but reflect the changing nature of the financial technology arena. The financial sector is under pressure to switch to quicker and more efficient international settlement systems.

SWIFT has not yet officially announced a partnership or integration with Ripple or XRP. Nevertheless, Van Code’s statement has revived debates about whether Ripple and legacy financial institutions may forge a partnership.

The possibility that SWIFT will use XRP has advanced past speculation to become the subject of genuine industry debate.

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