Crypto researcher SMQKE has highlighted a development that is now circulating widely in financial technology circles. In a recent post , SMQKE (@SMQKEDQG) noted that SWIFT’s Chief Innovation Officer, Tom Zschach, resurfaced an article published in 2017 that described Ripple as a direct competitor to SWIFT. Zschach’s post ended with the words: “See you at SIBOS2025.” SMQKE commented on the timing of this resurfacing, stating, “What does he know about Ripple and SWIFT that the rest of the world is not supposed to see yet?” The 2017 article covered Ripple’s announcement of its own major conference, designed to coincide with SWIFT’s flagship SIBOS event. At the time, Ripple described its initiative as an effort to bring global financial leaders together, directly challenging SWIFT’s dominance in international payments. By invoking that history now, Zschach has opened the door to renewed speculation about whether Ripple’s blockchain-based solutions could pose a stronger challenge to SWIFT than in previous years. Not a drill. SWIFT’s Chief Innovation Officer just resurfaced an 8 year old article about Ripple competing with SWIFT. His words: “See you at SIBOS2025.” What does he know about Ripple and SWIFT that the rest of the world is not supposed to see yet? I guess we will find… https://t.co/EXBZM7lrF5 — SMQKE (@SMQKEDQG) August 24, 2025 The Context of Ripple’s Challenge Ripple has long presented itself as an alternative to SWIFT’s infrastructure, which facilitates secure financial messaging between over 11,000 institutions globally. The 2017 article that Zschach resurfaced described Ripple’s efforts to disrupt this system, particularly through the launch of its Swell conference . That move placed Ripple in direct competition with SWIFT’s SIBOS, signaling the company’s intent to become more than a niche solution provider. At that time, Ripple emphasized the advantages of distributed ledger technology in providing faster, more transparent, and lower-cost cross-border payments. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The company positioned itself as a modern upgrade to what many critics regard as a slow and outdated SWIFT system . While SWIFT has remained dominant in the global financial system, Ripple is slowly gaining ground. Meanwhile, Brad Garlinghouse, the company’s CEO, has shared his belief that XRP will capture 14% of SWIFT’s network within 5 years . What Lies Ahead While the precise meaning of Zschach’s statement remains unclear, the anticipation surrounding SIBOS 2025 is now heightened. If Ripple’s solutions continue to gain traction, the upcoming conference could mark a turning point in how financial institutions view blockchain as a viable alternative to traditional systems. Whether the resurfacing of an old article was intended as a reminder, a challenge, or a signal of collaboration remains to be seen, and all eyes will be on SWIFT’s SIBOS conference for XRP-related developments. 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. Follow us on X , Facebook , Telegram , and Google News The post SWIFT’s Chief Unearths Old Article About Ripple (XRP) Competing With SWIFT appeared first on Times Tabloid .
