SWIFT's announcement is nothing but a nothing burger.
Nothing really changes in the system. They'll drag their feet for years before anything hits production, exactly like they delayed ISO 20022 for ages. Why? Because real progress goes against the status quo and their precious correspondent banking system which extracts so much money. That whole racket is purposely built full of middlemen, inefficiencies, and rent-seeking to keep the fees and control flowing. Just marginal improvements here and there on top of a completely broken and corrupt infrastructure. We don't even need SWIFT anymore.
And once again, they will NOT use XRP or XRPL. Anyone who understands the history and how SWIFT operates, knows that SWIFT would prefer to die than use XRP. It's against their "ethos". Moving on...
@PaulGoldEagle Bro, drop the Ripple delusions—it's got zero role with the Fed or tokenization. This has nothing to do with $XRP. Chainlink is the orchestration layer behind it all. $Link it all.