BREAKING: SWIFT SKIPS $XRP EMBRACES ETHEREUM L2 LINEA FOR 2025 PAYMENTS PILOT
In a move that’s sending shockwaves through crypto circles, SWIFT has opted for Consensys Ethereum Layer-2 #Linea instead of XRP for its 2025 cross-border payments program.
Over 30 major global banks including JPMorgan, HSBC, BNP Paribas, Standard Chartered, and Citi are participating, making this the largest institutional experiment with an Ethereum L2 to date.
This marks a serious setback for XRP’s role in cross-border finance while giving Ethereum’s scaling solutions a major credibility boost.
Key Takeaways for Crypto Markets
Ethereum L2 in the Spotlight
Traditional banks aren’t experimenting anymore they’re deploying Ethereum based infrastructure.
XRP Left Out
No XRP integration. No RippleNet trials. Big institutions are favoring Layer-2 solutions
Payments are Evolving
If SWIFT’s pilot succeeds, the world could see fast, low-cost blockchain payments powered by Ethereum’s ecosystem.
Why Linea Was Chosen
Built by Consensys, Linea offers
High speed processing
Minimal transaction fees
Ethereum-level security
Seamless bank integration
SWIFT’s endorsement of Linea signals huge trust in Ethereum as a global settlement platform.
#CryptoNews #EthereumL2 #GlobalPayments #BlockchainRevolution
