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SWIFT adopts multi-rail payments, echoing Ripple's earlier blockchain-based cross-border system.

Market News
28 Jul 2026
Coinpaper
View Source
Bullish
pluang ai news

SWIFT has unveiled a vision for multi-rail cross-border payments using blockchain technology, emphasizing interoperability and integration with existing banking systems. This move draws comparisons to Ripple, which has long offered multi-rail settlement via traditional rails, XRP, and stablecoins, enabling faster and more efficient cross-border transactions. While some see SWIFT's strategy as catching up, others view Ripple and SWIFT as complementary players in a future where interoperable payment networks coexist. The evolution reflects growing demand for faster, cost-effective, and flexible global payment solutions.

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