SWIFT Partner Picks Ripple As Preferred Settlement Route

What happened

SWIFT partner ACI has chosen Ripple as its preferred settlement route, according to the article title. The article says this integration reflects ACI's role as a payments middleware provider handling about 9% of global SWIFT traffic.

Confirmed

Global impact / market context

If a SWIFT partner handling about 9% of global SWIFT traffic prefers Ripple for settlement, more cross-border payments could flow through Ripple's network. That could increase demand for XRP, which means the digital asset used on that network.

Analyst inference

SWIFT is a major global messaging system for banks, and ACI is a payments middleware provider, meaning software that connects payment systems. Choosing Ripple as a preferred settlement route could shift some payment traffic away from traditional correspondent banking.

Analyst inference

What to watch

1. ACI handles about 9% of global SWIFT traffic, so watch whether that share changes after the integration and what it means for payment volumes routed through Ripple. Confirmed
2. Watch whether ACI and Ripple announce a full rollout plan or timeline for the preferred settlement route, which would clarify how much payment traffic could move to Ripple. Proposed
3. Watch whether banks and payment companies using ACI's middleware begin routing cross-border payments through Ripple, which could affect XRP demand and Ripple's revenue from settlement services. Analyst inference

Affected assets

• XRP — XRP

Evidence

• dailycoin.com