Vincent Van Code, a prominent software developer and vocal supporter of blockchain adoption, has sent shockwaves through the XRP community with a bold new claim. In a recent X post, Van Code suggested that financial messaging giant SWIFT may soon announce its intention to use Ripple and XRP as an alternative settlement layer for interbank payments. This move would fundamentally reshape the global financial system.
“The big surprise will be when SWIFT announces it will use Ripple/XRP as an alternative settlement for interbank payments,” Van Code wrote, igniting fresh speculation about Ripple’s growing influence in traditional finance.
From Rivals to Strategic Alignment?
For years, Ripple and SWIFT have been positioned as competitors in the race to modernize cross-border payments. SWIFT, with over 11,000 member institutions, has long been the standard for interbank communication. Ripple, on the other hand, has introduced a real-time, blockchain-based solution through RippleNet and On-Demand Liquidity (ODL), leveraging XRP to provide immediate liquidity without the need for pre-funded accounts.
The big surprise will be when SWIFT announces it will use Ripple/XRP as alternative settlement for interbank payments.
You don't always have to destroy your opposition. Just scare them enough to make sure they play with you.
— Vincent Van Code (@vincent_vancode) July 13, 2025
However, Van Code’s latest remarks hint at a paradigm shift—one in which SWIFT may choose collaboration over competition. The possibility of SWIFT adopting XRP, even as an optional settlement mechanism, is no longer far-fetched given the mounting pressure on traditional institutions to modernize.
“You don’t always have to destroy your opposition,” Van Code added. “Just scare them enough to make sure they play with you.”
The implication is clear: Ripple’s progress and expanding network of financial institutions may have created enough leverage to bring even the largest legacy players to the negotiation table.
XRP’s Role in Real-Time Settlement
Ripple’s value proposition lies in its ability to enable real-time, cross-border payments using XRP as a bridge asset. The ODL solution eliminates the need for costly nostro/vostro accounts, making it highly attractive for financial institutions looking to reduce operational friction and improve capital efficiency.
A SWIFT-Ripple alignment, particularly one involving XRP, would address many of the inefficiencies that plague the current global payments infrastructure. It would also represent a groundbreaking moment: the first time a legacy financial consortium openly embraces a decentralized digital asset for mainstream settlement use.
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While SWIFT has not confirmed any such move, there have been hints of its openness to blockchain integration. In 2022, SWIFT began testing interoperability between different blockchains using Chainlink. Ripple, too, has previously acknowledged dialogue with SWIFT and its growing number of partnerships, including collaborations with central banks.
A Claim That Can’t Be Ignored
Though speculative, Van Code’s assertion is grounded in broader trends shaping the future of finance. With Ripple achieving partial legal clarity in the U.S. and the global banking sector actively exploring tokenization and blockchain rails, an eventual partnership between Ripple and SWIFT is no longer out of the question.
For the XRP community, such an announcement would be a dream realized—a validation of their belief in XRP’s long-term utility and a catalyst for mass adoption. Whether the surprise Van Code hinted at arrives soon or not, one thing is clear: Ripple’s influence is growing, and the world of traditional finance is beginning to take notice.
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 urged to do in-depth 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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