Crypto researcher SMQKE recently shared a post on X asserting that SWIFT is being upgraded to Ripple. Their statement was accompanied by a video featuring an individual discussing the broader trend of financial digitalization.
The comments in the video suggested that traditional financial infrastructure, including payment networks like SWIFT, Visa, and Mastercard, are being transitioned into digital equivalents such as Ripple and Yellowcard.
Yes, SWIFT is being upgraded to Ripple.
Listen closely.
pic.twitter.com/oECmejNGN4
— SMQKE (@SMQKEDQG) April 2, 2025
Explanation of the Video’s Key Points
The speaker in the video first addressed the ongoing development of financial infrastructure to support the digitalization of finance and commerce.
Companies such as Anchorage, Fireblocks, and Kraken were mentioned as key players in providing digital custody, wallet services, and marketplaces. These companies are seen as instrumental in building the necessary technological foundation for the evolving financial ecosystem.
The discussion then shifted to the digital transformation of money, commodities, and other assets. The speaker stated that entities like SWIFT, Visa, and Mastercard are being upgraded into digital counterparts, explicitly naming Ripple and Yellowcard as examples. This comment was central to SMQKE’s claim, as it suggests that Ripple’s technology is playing a role in modernizing financial transactions traditionally handled by SWIFT.
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Further elaborating on financial digitalization, the speaker mentioned that the US dollar is being converted into digital assets such as Tether and Circle’s stablecoins. The video also highlighted how commodities, including gold, are being tokenized, allowing for digital transactions through assets like Pax Gold.
According to the speaker, this shift extends to various assets, including money market funds, which can now be tokenized and accessible globally on digital infrastructure.
Implications of the Statement
SMQKE’s claim aligns with the broader industry trend of financial institutions integrating blockchain-based solutions to improve efficiency. However, the video does not provide explicit confirmation that SWIFT itself is directly integrating with Ripple.
Instead, it presents a general perspective on how traditional financial systems evolve through digital alternatives. The use of the phrase “we’re taking things like SWIFT” suggests a broader transformation rather than a specific partnership.
Despite this, Ripple has long been positioned as a company offering solutions that could enhance cross-border payments, a sector where SWIFT has traditionally dominated.
Ripple’s technology, particularly its use of blockchain for fast and cost-effective international transfers, has drawn interest from financial institutions looking to modernize their operations. The mention of Ripple in the video reinforces its relevance in the ongoing shift toward digital finance.
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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