SWIFT Introduces Blockchain Ledger for Global Payments

The post Ex-SWIFT Executive Rejects XRP Integration Claims: “Not Happening” appeared on BitcoinEthereumNews.com. Former SWIFT executive Tom Zschach rejects claims that the network plans to integrate XRP. Viral XRP rumors lacked official evidence, with no SWIFT statement confirming support. Zschach’s latest remarks reinforce his long-standing skepticism toward Ripple and XRP. Former SWIFT Chief Innovation Officer Tom Zschach has dismissed claims that the global financial messaging network plans to support or integrate XRP. The rumors spread after an XRP community post suggested that SWIFT would support public digital assets like XRP instead of creating its own cryptocurrency. Zschach responded with a short but direct statement: “Not happening.” His reply pushed back against claims that SWIFT planned to work with XRP-based payment infrastructure rather than compete with it. Viral XRP Claims Had No Supporting Evidence XRP community figure SMQKE shared excerpts from an alleged document cla

The post Swift’s New Blockchain Ledger Targets $315B Stablecoin Market With 17 Banking Giants appeared on BitcoinEthereumNews.com. Key Takeaways: Swift has enabled its ledger, and 17 major banks are looking forward to testing out cross-border payments tokenized. The platform allows for direct 24/7 transfers between the money and the tokenized deposits, and preserve the same banking compliance and settlement processes. The move is among the stiffest challenges by traditional finance to the burgeoning stablecoin business. Global banking network Swift has officially transferred its blockchain ledger from development to deployment, paving the way for real bank-to-bank payments far easier and quicker to make, working 24 hours a day, cross-border. The launch follows a little over a year since the project was announced and represents a considerable stride toward making blockchain-based financial infrastructure mobile. 17 Global Banks Join Initial Pilot In total, 17 banks from six continents a

The post XRP News: Former SWIFT Exec Denies Integration Rumors, XRPL’s Independent Path Still Bullish? appeared on BitcoinEthereumNews.com. The long-running rumor of a SWIFT-XRP integration just hit a wall. On July 10, 2026, Tom Zschach, former chief innovation officer at SWIFT, publicly dismissed claims that the global bank messaging network would back or integrate XRP or the XRP Ledger. SWIFT Moves Toward Tokenized Bank Deposits, Not Public Crypto Zschach explained that SWIFT is developing its own shared ledger for the blockchain system. It aims to address tokenized commercial bank deposits and interoperability between traditional finance and distributed ledgers, 24/7. His response on X was direct: “Not happening.” The statement came at a moment when XRPL is recording its strongest institutional milestones yet, without any SWIFT endorsement. Not happening — Tom Zschach (@TomZschach) July 10, 2026 First live transactions are planned for later in 2026. That ledger is built around regul

The post SWIFT Opens New Chapter in Blockchain Payment Tech appeared on BitcoinEthereumNews.com. SWIFT has concluded its extensive nine-month development phase on a blockchain-centric shared ledger platform and is ready to commence initial rollout. The global leader in financial messaging infrastructure is transitioning to a pilot phase alongside several major banking institutions, poised to revolutionize tokenized international payments across the banking landscape. Continue Reading:SWIFT Opens New Chapter in Blockchain Payment Tech Source: https://en.bitcoinhaber.net/swift-opens-new-chapter-in-blockchain-payment-tech

The post Blockchain News: SWIFT Adopts Blockchain, Unveils New Ledger for Global Banks appeared on BitcoinEthereumNews.com. Key Insights: Blockchain news headlines cast a spotlight on SWIFT, which just launched a blockchain-based ledger to pilot tokenized cross-border payments with major global banks. The platform enables 24/7 settlement, improved liquidity management, and interoperability across distributed ledgers. The initiative could accelerate the adoption of tokenized assets and boost interest in ISO 20022–aligned crypto projects. In the latest blockchain news, banks are going all out on crypto adoption after SWIFT dropped its own blockchain-based ledger. Traditional finance (tradfi) players (banks) are already lining up to test it as the shift places tokenized crypto right at the center. This crypto news sends a clear signal that things are changing fast. The old rails can no longer support the rapidly changing financial landscape, so they are being upgraded. SWIFT Rolls Out Its

The post Former SWIFT executive denies XRP integration rumors appeared on BitcoinEthereumNews.com. Former SWIFT Chief Innovation Officer Tom Zschach has rejected online claims that the global financial messaging network plans to integrate or support XRP. Summary Former SWIFT executive Tom Zschach rejected claims that the payment network plans to integrate XRP directly. SWIFT’s current blockchain project focuses on tokenized bank deposits and cross-border payment links between institutions. Ripple-related banks may join SWIFT pilots, but their involvement does not confirm XRP token adoption. Zschach responded to posts on X that claimed SWIFT would work with established public tokens rather than create its own digital asset. He described the alleged XRP integration as “not happening,” challenging another round of claims that lacked official confirmation. Former SWIFT executive rejects XRP claims The rumor claimed that SWIFT did not intend to compete with XRP and would instead support or

Former SWIFT executive rejects XRP integration rumors, saying the network’s blockchain work does not confirm direct support for the token.

The post Global Messaging Giant SWIFT Denies Integration with XRP Token appeared on BitcoinEthereumNews.com. Recent speculation concerning a potential alliance between SWIFT, the global leader in financial messaging, and Ripple‘s XRP coin has been dismissed by Tom Zschach, formerly SWIFT’s Chief Innovation Officer. Zschach made a clear statement directly addressing the claims that have been generating buzz among cryptocurrency enthusiasts. Continue Reading:Global Messaging Giant SWIFT Denies Integration with XRP Token Source: https://en.bitcoinhaber.net/global-messaging-giant-swift-denies-integration-with-xrp-token