4h ago

SWIFT says blockchain ledger enters initial use with 17 banks, enabling 24/7 cross-border payments via tokenised deposits

AI Market Summary

SWIFT’s announcement that its blockchain-based ledger is ready for initial use with 17 banks signals accelerating institutional adoption of tokenised deposit rails and 24/7 cross-border settlement. With Ripple connected to 12 of the participating banks, the news reinforces interoperability expectations between incumbent messaging/settlement infrastructure and Ripple-linked networks, strengthening perceived validation of Ripple ecosystem utility and, by extension, XRP’s role in related settlement flows.

Impact level

● High

Affected assets

XRP/USDT+1.23%

AI Insight · XRP/USDTAI Insight

▲ Bullish

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SWIFT said on 2026年7月9日 that its blockchain-based ledger is ready for initial use with 17 banks. The ledger is designed to let early adopters support 24/7 live cross-border payments using tokenised deposits. Ripple has existing connections with 12 of the 17 banks, including Citi, HSBC, UBS and Wells Fargo.

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