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SWIFT Confirms Well Fargo and Many Banks’ Interest In Using Ripple (XRP)
By: times tabloid|2025/05/16 18:45:05
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A recent tweet exchange between a crypto enthusiast known as Shane and a researcher named SMQKE drew attention to two separate mentions of blockchain-related technologies on SWIFT’s official website.Shane initially commented on the absence of XRP in SWIFT’s latest materials while highlighting a collaboration with Chainlink. In response, SMQKE pointed out that Ripple technology is indeed referenced by SWIFT, citing a direct quote from the organization’s website.Shane posted a screenshot from a SWIFT webpage describing Project CALM (Corporate Actions Life Cycle Management), which mentioned, “We’ve been working in collaboration with Chainlink and other stakeholders in the industry.” He accompanied the post with the statement: “I don’t see $XRP anywhere” and concluded with “$Link x SWIFT,” implying a more prominent role for Chainlink.Ripple Mentioned in Broader Blockchain DiscussionIn response, SMQKE posted another excerpt, also taken directly from the swift.com domain, refuting Shane’s assertion by stating, “I do,” and highlighting the following quote: “Wells Fargo is looking at this area, using Ripple, as are lots of other banks.” This was followed by an additional quote: “Our technology allows fiat and crypto-currencies to exist in parallel,” credited to Epiphyte’s Patrick in the same publication.I do. “Wells Fargo is looking at this area using Ripple... Our technology allows fiat and cryptocurrencies to exist in parallel”Directly from SWIFT’s website. https://t.co/90hABQako4 pic.twitter.com/EXkLpVSkfZ— SMQKE (@SMQKEDQG) April 25, 2025Chainlink and Ripple Referenced in Different ContextsThe excerpt provided by Shane confirms that SWIFT is involved in a blockchain-related initiative with Chainlink, particularly within the framework of Project CALM. This initiative focuses on streamlining corporate actions using technologies such as artificial intelligence and blockchain.We are on twitter, follow us to connect with us :- @TimesTabloid1— TimesTabloid (@TimesTabloid1) July 15, 2023In contrast, the source cited by SMQKE refers to an earlier SWIFT event transcript where participants discussed blockchain integration among financial institutions. Within that context, Ripple is mentioned as a technology being explored by major banks.The quote confirms Ripple’s relevance to ongoing experiments in blockchain-enabled financial operations. Additionally, the mention of supporting both fiat and cryptocurrencies aligns with broader efforts in the industry to enable interoperable financial systems.Clarifying the Broader Scope of SWIFT’s Blockchain EngagementSMQKE’s argument does not dispute Chainlink’s role in Project CALM but clarifies that Ripple is also mentioned elsewhere on SWIFT’s platform, specifically about bank experimentation with blockchain. The quotes are factual excerpts from different SWIFT-hosted pages and reflect separate but concurrent developments involving two different blockchain technologies.While Shane’s initial post highlighted Chainlink’s involvement as a primary focus, SMQKE’s reply brought attention to Ripple’s historical and ongoing relevance within SWIFT-related discussions, even if not featured in the latest announcement. The conversation underscores the importance of examining multiple sources when evaluating the role of specific technologies within institutional frameworks such as SWIFT.Also, these contributions collectively provide a more complete understanding of SWIFT’s multifaceted approach to integrating blockchain technologies into the global financial infrastructure.Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.Follow us on X, Facebook, Telegram, and Google NewsThe post SWIFT Confirms Well Fargo and Many Banks’ Interest In Using Ripple (XRP) appeared first on Times Tabloid.
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