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Speculation has resurfaced around a possible integration of Ripple’s XRP with SWIFT following integration by SBI Remit

May 6, 2025 //  by Finnovate

A recent report by Mastercard, titled “Blockchain Technology Fuels New Remittances Business Cases,” highlights several examples of blockchain applications in remittance systems. Speculation has resurfaced around a possible integration of Ripple’s XRP with SWIFT, the global messaging network for cross-border transactions. Previous reports have indicated that banks have tested XRP’s compatibility with SWIFT. If confirmed, such a partnership could significantly boost XRP adoption among global financial institutions. The report also mentions SBI Remit, a Japanese money transfer service that uses XRP as a bridge currency. It places SBI alongside earlier examples such as MoneyGram and Stellar, suggesting a broader trend of using cryptocurrencies to cut costs and speed up cross-border transactions. Mastercard’s reference to Ripple and XRP adds credibility to the token’s role in remittances. It signals that mainstream payment firms are now taking a closer look at blockchain infrastructure. The inclusion gives Ripple added visibility in the financial ecosystem. SBI Remit’s ongoing use of XRP in Asia further illustrates how digital assets are being integrated into real-world payment systems. The Mastercard report underscores that blockchain solutions are being evaluated across regions and technologies.

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Category: AI & Machine Economy, Innovation Topics

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