Home BlockchainSWIFT Adopts Ripples Playbook — But Without Replacing Banks

SWIFT Adopts Ripples Playbook — But Without Replacing Banks

by Vivek Kumar
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SWIFT Adopts Ripple’s Playbook — But Without Replacing Banks

SWIFT has announced a new global payments scheme to make cross-border transfers for consumers and small businesses as fast and predictable as domestic payments.

The initiative, revealed on January 29, will launch in phases in 2026, with a minimum viable product planned for the first half of the year. More than 40 banks are already involved in developing the framework.

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