Global banking messaging network SWIFT has clearly drawn a line against rumors of integration with Ripple (XRP) or the XRP Ledger (XRPL).

According to overseas crypto media outlet Coingape on the 10th (local time), SWIFT's former Chief Innovation Officer (CIO) Tom Zschach publicly denied claims of supporting or integrating XRP or XRPL. In a post on X (formerly Twitter), Zschach stated, "Not happening."

Zschach explained that SWIFT is developing its own shared ledger. The ledger aims to support tokenized commercial bank deposits and interoperability between traditional finance and distributed ledgers 24 hours a day, and is designed based on regulated bank liabilities rather than the public token XRP. Coingape reported that the first live transactions are expected to begin in the latter half of 2026.

This is consistent with the stance Zschach has maintained for some time. Coingape noted that in a previous post, he clearly distinguished between messaging and payments, stating, "SWIFT is not where money moves."

Meanwhile, XRPL is recording its strongest performance in terms of institutional adoption even without SWIFT's support. Coingape reported that Ripple CEO Brad Garlinghouse previously projected that by focusing on payment areas that SWIFT does not cover, XRPL could capture 14% of SWIFT's liquidity. Zschach's latest denial further underscores the argument that SWIFT is not essential for XRPL's growth.

While proponents of XRP integration have long argued that the two systems could complement each other, SWIFT has effectively shut down that possibility with this statement. The debate over SWIFT and XRP integration has persisted for several years.

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