The XRP conversation has always been based on future potential, regulatory clarity, and institutional adoption that always seemed just out of reach. Now, one crypto commentator believes those pieces are no longer forming in isolation but are now coming together in real time.
According to crypto pundit X Finance Bull, a recent development involving global banking infrastructure shows the moment has finally come for XRP and the entire XRP Ledger ecosystem.
The Moment Has Finally Come
Crypto commentator X Finance Bull recently took to the social media platform X to highlight a growing overlap between major global banking institutions participating in SWIFT’s new blockchain initiative and their existing relationships with Ripple.
SWIFT recently announced plans to build a blockchain-based shared ledger capable of processing real-time, 24/7 cross-border payments. However, what caught the analyst’s attention was not just the technology into a 24/7 blockchain but the names behind it. The initiative reportedly involves over 30 banks across 16 countries working on the next phase of financial infrastructure.
A closer look at the participating institutions reveals that a significant portion already has ties to Ripple. Going through the list of institutions involved in SWIFT’s blockchain project, X Finance Bull identified 12 banks with confirmed ties to Ripple.
Banks such as Santander, DBS Bank, Standard Chartered, Mizuho Financial Group, MUFG, Bank of America, and Royal Bank of Canada are among those identified as having existing relationships with Ripple through payments, custody, or consortium participation.
As noted by X Finance Bull, each of these financial companies has already launched a few initiatives using Ripple’s existing blockchain technology. SG-FORGE has issued the EURCV stablecoin on the XRP Ledger, uses Ripple Custody, and has already tested tokenized bond settlement with SWIFT. Santander’s One Pay FX cross-border payment platform was built using Ripple technology. DBS Bank signed a memorandum of understanding with Ripple, focused on tokenized fund trading.
Standard Chartered, Mizuho Financial Group, MUFG, Bank of America, Westpac, Royal Bank of Canada, BBVA, Akbank, and Absa Group round out the 12, each with documented links to Ripple’s ecosystem in varying capacities.
Regulatory And Infrastructure Timelines Converging
Although this is not a direct Ripple-SWIFT deal, the observation by the crypto commentator shows that XRP Ledger is already inside the majority of institutions involved in the architecture of the future of global finance. “12 of 30+ banks working on SWIFT’s ledger have Ripple on their other screen. That’s not a theory. That’s a pattern you can verify,” he said.
Finance Bull’s observation also adds to another context in which SWIFT’s blockchain build is occurring. The analyst points to two parallel regulatory developments that are moving on a similar timeline.
The first is the anticipated CLARITY Act, which is already advancing toward the President’s desk. Separately, a tokenization-related exemption from the US Securities and Exchange Commission is reportedly weeks away.
