Ripple XRP Gains Attention After SWIFT Blockchain Expansion

What happened

SWIFT launched its new blockchain ledger, called SWIFT gpi Ledger, and it is now live with 17 participating banks, marking the first operational rollout of the network.

Confirmed

Global impact / market context

The live ledger shows that major banks are willing to use blockchain for cross‑border payments, which supports the idea that Ripple’s technology can integrate with existing systems, potentially increasing interest in XRP as a settlement token.

Analyst inference

The payments industry is seeking faster, cheaper international transfers, and blockchain solutions are gaining traction as alternatives to traditional correspondent banking, creating a backdrop where Ripple’s infrastructure could see broader adoption.

Analyst inference

What to watch

1. Whether any of the 17 banks start using XRP on the SWIFT ledger, which would directly boost demand for the token. Analyst inference
2. Expansion of the SWIFT ledger to more banks, as a larger network could increase the relevance of Ripple’s technology and potentially attract more partners. Analyst inference
3. Regulatory responses to blockchain use in payments, since clearer rules could either facilitate or hinder the adoption of XRP for settlement. Analyst inference

Affected assets

• XRP — XRP

Evidence

• cryptonews.com