As financial institutions explore blockchain technology for cross-border payments and digital asset settlement, attention is on the early experiments that helped shape the industry’s understanding of distributed ledger technology.
A recent tweet from crypto researcher SMQKE has brought one of those early efforts back into focus, highlighting comments from a SWIFT webinar that confirmed the organization evaluated several blockchain networks, including those associated with XRP and XLM, during its initial research phase.
The post has attracted interest among cryptocurrency supporters because it revisits a period when SWIFT, one of the world’s most influential financial messaging networks, was actively examining how emerging blockchain solutions could fit into the future of global payments.
Remember:
XRP and XLM were already tested.👇 https://t.co/5B5pjYzySJ
— SMQKE (@SMQKEDQG) May 31, 2026
SMQKE Highlights SWIFT’s Early Blockchain Experiments
Crypto researcher SMQKE shared a clip from a SWIFT webinar on X and wrote, “Remember: XRP and XLM were already tested.”
The video included remarks from a SWIFT representative who discussed the organization’s early blockchain research. According to the speaker, approximately 45 to 50 commercial banks participated in discussions examining what blockchain technology could offer the financial sector.
The representative explained that SWIFT’s experimentation around 2015 focused on distributed ledger platforms that were available at the time. Those evaluations included Bitcoin, Ethereum, Stellar, Ripple, and several other blockchain-based solutions. The speaker also cited Project Genesis as one of the early initiatives connected to those efforts.
What the Testing Signified
The webinar comments confirm that technologies linked to XRP and XLM were among the platforms reviewed during SWIFT’s initial efforts to understand distributed ledger technology and its potential applications in financial services.
However, the testing should be viewed within the context of research and experimentation rather than deployment. SWIFT examined multiple blockchain networks as part of a broader effort to evaluate the strengths and limitations of emerging technologies.
While the comments demonstrate that Ripple-related technology and Stellar were considered during the research phase, they do not indicate that SWIFT adopted either network to replace its existing infrastructure.
Community Debate Over Ripple, XRP, and Global Payment Systems
The post prompted discussion among community members about the webinar’s significance and the role blockchain technology has played in modern payment systems.
One commenter, Luis Fintech, argued that SWIFT’s testing of Ripple and Stellar was “old news,” adding that the United Arab Emirates had already demonstrated the effectiveness of blockchain-based payment infrastructure.
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That assessment is partially supported by developments such as Project Aber and the mBridge initiative, both of which involved distributed ledger technology for cross-border settlements.
These projects showed that international transactions could be processed much faster than traditional correspondent banking systems. However, they did not simply replace SWIFT with the public XRP Ledger or Stellar network. Instead, they relied on institution-focused and sovereign digital payment frameworks.
For many supporters of XRP and XLM, the webinar serves as confirmation that both ecosystems were part of SWIFT’s early blockchain evaluations, a fact that continues to generate interest as financial institutions expand their exploration of digital asset technologies.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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