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Former SWIFT exec denies plans to integrate XRP into global payment network.

Market News
10 Jul 2026
Crypto news
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Bearish
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Tom Zschach, former SWIFT Chief Innovation Officer, has denied rumors that SWIFT plans to integrate or support XRP in its global financial messaging network. While SWIFT is developing a blockchain-based payment system focusing on tokenized bank deposits and cross-border payments, it has not named XRP as a settlement token. Some banks involved in SWIFT's blockchain pilot have ties to Ripple, but this does not confirm XRP adoption. Zschach emphasized that SWIFT's project centers on regulated bank assets, not public cryptocurrencies like XRP, and dismissed claims of XRP integration as unfounded.

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