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Former SWIFT exec denies rumors of XRP integration with the global payment network.

Market News
10 Jul 2026
UToday
View Source
Bearish
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Tom Zschach, former Chief Innovation Officer at SWIFT, has firmly denied rumors that SWIFT plans to integrate or support the Ripple-linked cryptocurrency XRP. The speculation arose from claims that SWIFT would collaborate with public tokens like XRP instead of creating its own digital currency. Zschach dismissed these claims on social media with a simple "Not happening." He has been a vocal critic of Ripple's technology and questioned its utility and decentralization. This clarification puts to rest ongoing speculation about XRP's adoption by the global financial messaging system.

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