Ripple Remains Relevant in Global Payments Despite SWIFT’s Cautious Approach

A recent post from crypto researcher SMQKE highlights the continued relevance of Ripple (XRP) for cross-border and cross-currency payments, according to insights shared by a SWIFT executive. While Ripple is not currently favored for retail real-time payment systems due to current technology limitations, it remains under constant evaluation when international transactions are considered. The executive’s comments underscore Ripple’s unique position within the financial ecosystem as it continues to be explored by SWIFT for specific use cases such as trade finance and correspondent banking.