No, SWIFT will NOT be creating its own digital assets or cryptocurrencies.‼️
SWIFT is intentionally avoiding competition with cross-border payment services like Ripple and XRP. 🎯
Highlighting XRP is crucial here, as SWIFT’s strategy focuses on integration with, not rivalry against, these ESTABLISHED blockchain solutions. This is a clear recognition of XRP’s significant role in the cross-border payments space.
Remember: $180 trillion.💰
There’s enough for everyone if they collaborate.
This isn’t about competition—it’s about cooperation.✅