Tom Zschach, the former Chief Innovation Officer at SWIFT, dismissed claims of a partnership with Ripple regarding XRP in a succinct response on social media. He stated, “Not happening,” refuting various rumors circulating about SWIFT’s potential endorsement of the cryptocurrency.
The speculative comments stemmed from several XRP community influencers on platforms like X, asserting that SWIFT was planning to support public tokens, including XRP. This narrative spread rapidly, yet numerous posts lacked any concrete evidence or official documentation to back their claims. Commentators noted that allegations without verification were akin to anecdotal assertions.
One popular post even suggested that SWIFT was not interested in competing with XRP and hinted at collaboration instead. However, Zschach's direct response indicates a clear distance between SWIFT's intentions and the claims being made, emphasizing that no official announcement or press release from SWIFT corroborated such information.
Zschach’s brief rebuttal effectively squashed the rumors before they gained further traction. Currently, while SWIFT is engaged in testing blockchain-based solutions, including tokenized asset infrastructures, any plans to integrate XRP into their core operations remain unfounded. His concise reply has left little room for misinterpretation, directly confronting the ongoing speculation.
This material is for informational purposes only, not financial advice.
