A quiet but powerful shift is brewing in the global payments industry. For years, blockchain enthusiasts imagined a day when legacy financial networks would embrace on-chain settlement. Now, the world’s largest interbank messaging system appears to be testing that very idea—potentially reshaping the landscape that Ripple has spent more than a decade trying to dominate. A Surprise Pilot That Turned Heads A post on X by CryptosRus drew widespread attention to reports that SWIFT is piloting blockchain settlement on Linea, an Ethereum Layer-2 developed by ConsenSys. Multiple reputable sources confirm that SWIFT is experimenting with combining its trusted messaging network with atomic, on-chain settlement and stablecoin rails. If successful, the move would mark a historic step for the $150 trillion cross-border payments giant, one that could redefine how banks settle international transactions. Scale That Reframes the Competition SWIFT handles an estimated $150 trillion in global transactions each year. Even a 1% migration of that traffic to on-chain settlement represents roughly $1.5 trillion in flows—far eclipsing the $27.6 trillion total stablecoin payments recorded in 2024. DID SWIFT JUST EAT RIPPLE’S LUNCH? @Ripple spent a decade competing with SWIFT. Now SWIFT just leveled up. The $150 TRILLION payments giant is piloting blockchain settlement on ETH's L2 Linea ($LINEA). Even 1% of SWIFT volume = $1.5T on-chain flows – that’s bigger than ALL… pic.twitter.com/HmJIa1CCZG — CryptosRus (@CryptosR_Us) September 26, 2025 These figures illustrate why market watchers are riveted: a pilot of this magnitude could dwarf the combined activity of the entire existing stablecoin ecosystem. What It Means for Ripple Ripple built its brand by offering a faster, cheaper alternative to SWIFT’s traditional messaging rails . Its XRP Ledger enables on-demand liquidity and near-instant settlement, sidestepping costly nostro/vostro accounts. But a SWIFT move into blockchain doesn’t automatically spell doom for Ripple. Different Roles: SWIFT is primarily a messaging cooperative, while Ripple provides both messaging and liquidity solutions. Market Expansion: If major banks grow comfortable with tokenized settlement because of SWIFT’s pilot, the overall market for blockchain payments could expand—leaving room for Ripple to capture new niches. Rather than a knockout punch, SWIFT’s experiment is a direct competitive test of Ripple’s long-standing thesis: that blockchain can transform cross-border payments. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRP Price Action Remains Resilient Despite the headlines, XRP is trading around $2.79 as of report time, showing resilience after a week of modest swings. Technical indicators suggest ongoing short-term volatility, but analysts have not linked any sudden price moves to the SWIFT news. Traders continue to monitor exchange flows, on-chain volume, and broader market sentiment to gauge whether SWIFT’s pilot will have a tangible impact on XRP demand. The Bottom Line The question—Did SWIFT just eat Ripple’s lunch?—captures the drama but oversimplifies the reality. SWIFT experimenting with Ethereum’s Linea network is the strongest institutional validation yet for on-chain settlement, but it is not the end of Ripple’s story. The next phase depends on concrete results: which banks participate, whether SWIFT adopts an interoperable settlement token, and how Ripple positions its own technology to stay indispensable. For now, CryptosRus’ post has highlighted a critical turning point. Whether it becomes a decisive shift or merely a shared milestone for the entire blockchain payments sector remains to be seen. 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. Follow us on Twitter , Facebook , Telegram , and Google News The post Did SWIFT Just Eat Ripple’s Lunch? Here’s the Latest appeared first on Times Tabloid .
