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SWIFT launches blockchain ledger pilot with major banks, boosting tokenized cross-border payments and XRP relevance.

Market News
10 Jul 2026
Coinpaper
View Source
Bullish
SWIFT launches blockchain ledger pilot with major banks, boosting tokenized cross-border payments and XRP relevance.

SWIFT has introduced a blockchain-based shared ledger, entering pilot testing with 17 major global banks to enhance 24/7 tokenized cross-border payments. The platform improves payment coordination, liquidity management, and asset recognition but does not fully solve liquidity challenges across fragmented networks. Analysts say this move highlights the ongoing need for interoperability, reinforcing XRP's role as a neutral bridge asset for seamless value transfer between different digital currencies. The pilot marks a key step toward a tokenized, always-on global financial system, though XRP's ultimate role remains to be seen.

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