Vet urged the XRP community to ignore unsupported SWIFT claims and instead focus on XRP Ledger development, institutional adoption, and real utility. SWIFT’s blockchain payment pilot sparked
XRPL Foundation Community Director Hussein Zangana, better known as Vet, has called on the XRP community to stop promoting unsupported claims about a possible SWIFT integration. Instead, he urged supporters to pay closer attention to the XRP Ledger’s expanding capabilities and the adoption efforts already taking shape. Vet shared the message on X in response to recurring speculation about SWIFT and XRP.
According to Vet, the XRP Ledger already has enough meaningful progress without relying on unverified narratives. He highlighted several initiatives that reflect the network’s ongoing development, including security improvements, on-chain lending, stablecoins, foreign exchange functionality, and compliant trading through permissioned Domains. Moreover, he said developers are actively working to introduce on-chain privacy features that could further strengthen the ecosystem.
Beyond technical upgrades, Vet noted that teams are investing significant effort in attracting institutions and consumers to the network. Additionally, he stressed that broader adoption remains a priority even though more work is required before those initiatives reach full scale.
Vet also addressed repeated claims that SWIFT either uses XRP or has confirmed plans to integrate it. According to him, those statements have no factual basis and only create unnecessary confusion within the community. He encouraged users to avoid amplifying such claims and instead focus on verifiable developments across the XRP ecosystem.
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The discussion intensified after SWIFT announced that its blockchain-based ledger is ready for pilot programs supporting round-the-clock tokenized cross-border payments. While the announcement generated excitement across parts of the crypto market, SWIFT did not mention XRP or Ripple in its update.
Former SWIFT executive Tom Zschach also challenged the speculation. According to Zschach, many community members confuse ISO 20022 compatibility with payment settlement infrastructure. He explained that ISO 20022 is an open messaging standard that many financial platforms can adopt. However, using that standard does not indicate that SWIFT has selected a specific cryptocurrency for settlement.
Zschach further stated that SWIFT operates as a messaging network rather than a settlement provider. Therefore, he argued that the company’s architecture does not support claims that XRP is already part of its payment process.
Meanwhile, Ripple secured an important regulatory milestone after receiving authorization under Luxembourg’s Crypto Asset Service Provider licensing framework. The approval confirms Ripple’s compliance with the European Union’s Markets in Crypto-Assets regulation. As a result, the company can offer XRP and RLUSD-powered solutions to financial institutions, businesses, and corporate clients throughout the European Economic Area.
Vet’s message redirects attention toward measurable developments across the XRP Ledger instead of speculation surrounding SWIFT. Ongoing network upgrades, expanding regulatory approvals, and institutional adoption efforts provide clearer indicators of XRP’s long-term growth than unverified claims of integration.
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The post XRPL Foundation’s Vet Dismisses SWIFT Rumors as XRP Ledger Development Accelerates appeared first on 36Crypto.
