Ripple vs SWIFT: Banks to Build Own Settlement Rails Amidst XRP Debate

The debate between Ripple and SWIFT continues to intensify, with SWIFT CIO Tom Zschach adding fuel to the fire. In his recent remarks, he suggests that banks are unlikely to adopt Ripple’s XRP settlement rails, instead opting for building their own custom solutions. This statement highlights the competitive nature of financial infrastructure as banks seek greater control and tailored solutions.