Ripple Is Now Integrated Into SWIFT

·

The financial world is witnessing a pivotal shift as blockchain technology increasingly converges with traditional banking infrastructure. A recent development has sent waves across the crypto and fintech communities: Ripple is now integrated into SWIFT through EastNets’ PaymentSafe platform. This integration marks a major milestone in the evolution of cross-border payments, bringing digital assets like XRP into the mainstream financial ecosystem.

This advancement, confirmed by crypto enthusiast Alessio Meloni in a widely shared tweet, highlights how XRP—already recognized as an ISO 20022-compliant asset—can now move seamlessly across SWIFT’s global network. The move reinforces XRP’s role as a bridge currency for modern finance, offering faster, more secure, and transparent international transactions.

🚨 MASSIVE NEWS! 🚨
RIPPLE IS NOW INTEGRATED INTO SWIFT! ✅ WITH EASTNETS’ PAYMENTSAFE, XRP MOVES SEAMLESSLY ACROSS SWIFT’S NETWORK AS AN ISO 20022-COMPLIANT ASSET, ENABLING FASTER, SECURE CROSS-BORDER PAYMENTS. 🌍💸
XRP IS THE BRIDGE CURRENCY OF THE FUTURE! 🔑🚀

This integration is not just symbolic—it represents a tangible step toward the modernization of global finance, where legacy systems and innovative blockchain solutions coexist to enhance efficiency.

What Is PaymentSafe and How Does It Work?

EastNets’ PaymentSafe serves as a critical intermediary in the global financial messaging landscape. Functioning as a universal payment hub, it connects various domestic and international payment networks—including SWIFT—enabling smooth interoperability between different systems.

At the heart of PaymentSafe is its universal translator, a powerful feature designed to convert financial messages across multiple formats. This includes translating between:

This translation capability ensures that banks and financial institutions using older infrastructure can still communicate effectively with those adopting newer, data-rich standards—without costly system overhauls.

👉 Discover how next-gen payment systems are transforming global finance.

The platform significantly improves straight-through processing (STP) rates by minimizing manual interventions and reducing errors caused by format incompatibility. As more institutions transition to ISO 20022—a global standard set to fully replace MT formats by 2025—PaymentSafe acts as a bridge, easing the migration process while maintaining operational continuity.

The Role of ISO 20022 in Modern Finance

ISO 20022 is more than just a messaging standard—it’s a foundational upgrade to how financial data is structured and exchanged. Unlike older MT messages that carry limited information, ISO 20022 supports rich data fields, including detailed sender/receiver information, payment purpose codes, and regulatory compliance tags.

SWIFT has been actively pushing for ISO 20022 adoption to harmonize instant payments and improve transparency across borders. With this standard, banks can:

Ripple’s native compliance with ISO 20022 gives XRP a strategic advantage in this new era of finance. As one of the few digital assets built to align with global financial messaging standards, XRP is uniquely positioned to serve as a digital bridge currency—facilitating liquidity transfers between fiat currencies without the need for pre-funded nostro accounts.

How Ripple’s Integration Enhances Cross-Border Payments

Cross-border payments have long been plagued by inefficiencies: high fees, slow settlement times (often 3–5 business days), and lack of transparency. Ripple’s technology addresses these pain points head-on.

By integrating with SWIFT via PaymentSafe, Ripple enables financial institutions to leverage XRP Ledger (XRPL) for real-time settlement while operating within existing regulatory and messaging frameworks. Here’s how it works:

  1. A bank initiates a cross-border payment using SWIFT.
  2. PaymentSafe translates the message into ISO 20022 format.
  3. XRP is used as a bridge asset to instantly settle value across borders.
  4. The recipient bank receives funds in local currency, with full audit trail and compliance data.

This hybrid model combines the reach of SWIFT with the speed and cost-efficiency of blockchain—offering a best-of-both-worlds solution.

👉 See how digital assets are reshaping international remittances.

For example, a payment from Europe to Southeast Asia could be completed in seconds rather than days, with lower intermediary costs and full end-to-end tracking. This has profound implications for remittance providers, multinational corporations, and even central banks exploring digital currency solutions.

Ripple’s Growing Influence in Traditional Finance

This integration underscores Ripple’s expanding footprint in the institutional finance space. While many blockchain projects remain isolated from legacy systems, Ripple has consistently focused on interoperability—designing solutions that work with banks, not against them.

Partnerships with companies like EastNets demonstrate Ripple’s ability to deliver practical, scalable tools that meet real-world banking needs. It also reinforces confidence in XRP as a compliant, efficient digital asset—especially important amid increasing regulatory scrutiny of cryptocurrencies.

Moreover, this move positions XRP as a key player in the future of programmable money, where smart contracts on the XRPL can automate complex financial workflows within ISO 20022-compliant environments.

Frequently Asked Questions (FAQ)

Is XRP now part of SWIFT’s official network?

While XRP itself isn’t natively transmitted over SWIFT, Ripple’s integration via EastNets’ PaymentSafe allows XRP to be used within SWIFT-connected systems through ISO 20022 messaging. This means banks can initiate SWIFT payments that utilize XRP as a settlement asset behind the scenes.

Does this mean SWIFT is replacing its system with Ripple?

No. SWIFT is not being replaced. Instead, Ripple is being integrated into SWIFT’s ecosystem through third-party platforms like PaymentSafe. This is a collaboration, not a replacement—enhancing SWIFT’s capabilities with blockchain efficiency.

How does ISO 20022 benefit XRP adoption?

ISO 20022 compliance makes XRP more attractive to financial institutions because it meets global messaging standards. This reduces friction in adoption and increases trust in XRP as a legitimate tool for cross-border settlements.

Can any bank start using XRP today?

Banks need to be connected to platforms like PaymentSafe and have internal approval to use digital assets. While access is growing, widespread adoption will depend on regulatory clarity and internal risk assessments.

What makes XRP a “bridge currency”?

XRP acts as an intermediary during currency exchanges—eliminating the need for pre-funded accounts in foreign currencies. For example, EUR → XRP → SGD can happen instantly without holding SGD reserves in Europe.

👉 Learn how bridge currencies are revolutionizing global liquidity management.

Is this integration verified by SWIFT or EastNets officially?

As of now, the announcement stems from public statements by industry figures like Alessio Meloni. Official confirmation from EastNets or SWIFT would provide further validation, but the technical feasibility aligns with known developments in ISO 20022 adoption.

The Road Ahead: Blockchain Meets Global Finance

The integration of Ripple into SWIFT via PaymentSafe is more than a technical achievement—it’s a signal of deeper convergence between decentralized technologies and centralized financial systems. As ISO 20022 becomes the global norm, assets like XRP, Ripple, cross-border payments, blockchain integration, and digital bridge currencies will play increasingly vital roles.

Financial institutions that embrace this shift stand to gain significant advantages in speed, cost savings, and customer satisfaction. Meanwhile, innovators in the blockchain space must continue building solutions that prioritize compliance, interoperability, and real-world utility.

For investors and fintech professionals alike, this development underscores one clear trend: the future of finance isn’t about choosing between old and new—it’s about integrating both seamlessly.

Core Keywords: XRP, Ripple, ISO 20022, cross-border payments, bridge currency, blockchain integration, SWIFT, PaymentSafe