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Ripple News: Swift To Integrate Regulated Digital Assets

September 14, 2024

Ripple Unicorn News - September 14, 2024

Swift has announced plans to support regulated digital assets, including potential candidates like Ripple's XRP, for its global payment services. The company is also working on blockchain interoperability and central bank digital currencies.

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( 00:00:32 ) Swift Plans to Integrate Regulated Digital Assets Including XRP

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Swift has announced plans to integrate regulated digital assets into its global payment and transfer services, as detailed in a report released on September 11, 2024. This announcement has generated significant interest within the crypto community, with speculation about which digital assets might be included, although the report does not specifically mention any particular asset like XRP. Swift's report also outlines its involvement in projects related to central bank digital currencies (CBDCs) and its efforts to address regulatory challenges and platform fragmentation in the digital asset space. The company aims to establish a central network that supports various currencies and asset classes, including tokenized assets and CBDCs. Additionally, Swift is working on blockchain interoperability in collaboration with Chainlink and 12 other financial entities to enhance the integration and functionality of blockchain technology within the financial sector.

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