Crypto Researcher Claims SWIFT Is Being Upgraded to Ripple

A crypto researcher named SMQKE recently asserted that the global financial network SWIFT is being upgraded to utilize Ripple technology. Their claim, backed by a video shared on X (formerly Twitter), suggests a shift toward digitalized finance. The video highlights financial infrastructure’s transition into a digital ecosystem where companies like Anchorage and Fireblocks are playing crucial roles in building necessary tech foundations. It further emphasizes that SWIFT, Visa, and Mastercard are being replaced with digital counterparts such as Ripple and Yellowcard, according to SMQKE’s claims. This aligns with the broader industry trend of integrating blockchain technology into financial systems to enhance efficiency. While SMQKE doesn’t directly confirm a partnership between SWIFT and Ripple, the video hints at a significant transformation in traditional financial transactions.