Could Ripple (XRP) lose its long-held edge after Swift revealed its own blockchain initiative? For years, XRP’s promise has been clear: eventually replace Swift as the backbone of global bank transfers.
Swift’s sudden announcement of a blockchain-based ledger built on Ethereum seems like a potential roadblock. Traders, analysts, and crypto enthusiasts are trying to figure out whether this spells trouble for Ripple price or just noise in the market.
What you'll learn 👉
Swift Launches Blockchain-Based Ledger With Over 30 Banks
At Sibos 2025 in Frankfurt, Swift CEO Javier Perez-Tasso introduced a blockchain-based shared ledger aimed at enabling instant, 24/7 cross-border payments. The project is starting with a conceptual prototype developed with Consensys and focuses on real-time, secure transaction recording using smart contracts. Swift emphasizes interoperability and compliance, claiming it will extend its traditional platform into a digital-first environment.
📣 Swift announces new blockchain-based ledger with 30+ banks.
— Swift (@swiftcommunity) September 30, 2025
At Sibos, Javier Perez-Tasso, Swift CEO, revealed plans to build a blockchain-based shared ledger to enable instant, 24/7 cross-border payments.
Learn more https://t.co/n4S7Ue7Yji#swift #swiftatsibos #sibos pic.twitter.com/fSGqh6RORX
While this may sound like a challenge to Ripple, Pumpius, a crypto commentator, argues it is far from a threat. He pointed out that Swift’s move is more of a Band-Aid fix using Ethereum, which still faces slow transactions and high costs. Meanwhile, Ripple already has active corridors in multiple regions, partnerships with over 100 banks, and a ledger that settles in 3 to 5 seconds with almost zero fees.
XRP’s On-Demand Liquidity Keeps Its Edge
Some voices have panicked, seeing Swift’s announcement as a cue to sell XRP. Crypto Bitlord tweeted concerns over Ripple’s CTO stepping down and Swift’s new partnership with Consensys. This has fueled speculation about Ripple’s ability to maintain relevance.
Other experts, like The Real Remi Relief, emphasize that Swift is primarily a messaging system without liquidity. Banks partnered with Ripple already handle the money and can save costs using XRP’s On-Demand Liquidity system. Large institutions, including Vanguard and BlackRock, reportedly hold XRP in treasuries, creating incentives for banks to continue using Ripple. From this perspective, Ripple price may remain supported by real-world use cases rather than hype.
The blockchain and crypto community seems divided. Some see Swift’s entry into blockchain as a direct competitor, potentially threatening Ripple price. Others argue Ripple is deploying production-grade infrastructure while Swift is still testing prototypes. XRP’s ISO 20022 compliance, legal clarity in the U.S., and partnerships with banks and regulators provide a foundation that Swift cannot replicate overnight.
🚨 PANIC IN THE RANKS?
— Pumpius (@pumpius) September 30, 2025
When SWIFT announced a blockchain prototype with Consensys (Ethereum), some panicked.
But here’s the truth: This move only proves what we’ve been saying for years, the old guard is scrambling, XRP is inevitable. 🧵👇 pic.twitter.com/CxPYCIashl
Pumpius highlighted the regulatory and compliance advantages, noting that XRP’s ecosystem includes verifiable digital IDs, on-chain KYC, and AML solutions that are already trusted by institutions. These are areas where Swift + Ethereum prototypes fall short.
What This Means for Ripple Price Now
While headlines about Swift’s blockchain initiative triggered chatter online, XRP fundamentals appear largely intact. Ripple continues to expand RippleNet, its ledger settles quickly with minimal fees, and partnerships with financial institutions keep growing. Swift is experimenting, Ripple is operating. XRP price may continue to respond more to adoption than announcements by legacy systems.
Swift’s blockchain move may create some short-term uncertainty, but Ripple’s vision is far from dead. XRP’s On-Demand Liquidity, active banking corridors, and real-world adoption set it apart.
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Analysts like Pumpius and commentators such as The Real Remi Relief suggest the rails of tomorrow could still run on Ripple + XRP. Banks already integrated with Ripple are unlikely to switch quickly, leaving the token with tangible use cases that go beyond hype or prototypes.
Ripple price could remain influenced by these operational developments, rather than speculative reactions to Swift’s experiments.
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