The news clarifies that swift is not using xrp, debunking community hype. while this might temper short-term speculative excitement tied to swift integration, it redirects focus to the actual development and adoption of the xrp ledger, which is a more sustainable long-term driver for price.
The immediate price impact is likely neutral to slightly bearish in the short term as hype around swift integration fades. however, the emphasis on real adoption and ecosystem development could be a positive catalyst for long-term price appreciation, but this is not reflected in immediate trading signals.
The article aims to correct misinformation and set realistic expectations for the xrp community. the focus on long-term ecosystem growth and adoption suggests that the true impact on xrp's price will be realized over an extended period as these developments mature.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Vet (Hussein Zangana), who is the Director of Community at the XRPL Foundation , urges the XRP community to shift away from false narratives about a potential Swift integration and instead focus on the real developments taking place across the XRP ecosystem. Advertisement "A lot is happening with XRP and the XRP Ledger, we don't need to make up this nonsense," Vet said in a recent X post outlining various developments on the XRP Ledger . These include "security improvements, on-chain loans, stablecoins and FX market to compliant trading capabilities with permissioned Domains." Vet also highlighted ongoing work to bring onchain privacy to the XRP Ledger. Vet said that these developments are accompanied by significant efforts to onboard institutions and consumers and scale adoption, adding that there is still a lot of work to do. HOT Stories XRP Finally Back, Shiba Inu (SHIB) Up With 263 Billion Surge, Does Bitcoin (BTC) Need This Level? Crypto Market Review XRP Has 'No Tangible Adoption,' Chainlink Community Lead Says SWIFT is not using XRP. I suggest Blocking all XRP influencers running around lying to you they are using XRP right now or tell you with certainty they will. Free yourself, get lean. Same story with the DTCC news weeks ago. It looks incredibly desperate, luckily its only a… Advertisement — Vet (@Vet_X0) July 11, 2026 "SWIFT is not using XRP," Vet said, debunking false claims being peddled by a few XRP influencers of such an integration. He suggested blocking individuals who say that SWIFT is already using XRP or will definitely do so in the future. You Might Also Like Sat, 06/20/2026 - 14:00 Swift Warns of Key ISO 20022 Deadline Amid Compliance Pressure: Is Ripple Ready? By Tomiwabold Olajide This week, Ripple received authorization of its Crypto Asset Service Provider (CASP) license from Luxembourg's Commission de Surveillance du Secteur Financier (CSSF). The authorization confirms Ripple as fully MiCA-compliant, with its solutions underpinned by XRP and RLUSD made available to financial institutions, corporates, and businesses across all 30 countries of the European Economic Area. Advertisement Swift not using XRP Swift announced this week that its blockchain-based ledger was ready for use to pilot 24/7 tokenized cross-border payments. This announcement created a buzz in the XRP community , with some falsely claiming the global messaging network is exploring an XRP integration. You Might Also Like Fri, 07/10/2026 - 06:13 'Not Happening': Former SWIFT Exec Shuts Down XRP Integration Rumors By Alex Dovbnya Former Swift exec Tom Zschach pushed back on this claim in recent responses on X. "None of this is evidence that Swift will use XRP," Zschach said in response to an X user who claimed that Swift will use XRP , sharing screenshots of cryptocurrencies compatible with ISO 20022. "It shows crypto projects adopting the ISO 20022 messaging format, an open standard Swift does not own, while confusing a message syntax with a settlement asset that Swift, a network that never touches the value leg and has no architectural slot for. Waiting," Zschach stated. #XRP News #XRPL #SWIFT