Author: Crypto Emergency
The international interbank system SWIFT has begun testing the integration of Ripple's digital assets (XRP) and Hedera (HBAR) as part of its efforts to modernize its cross-border payment infrastructure. Experts believe these tokens have a high compatibility with the ISO 20022 standard, making them promising for integration into the global financial system.
Focus on advanced technologies
At this stage, SWIFT is focused on two key solutions:
Ripple On-Demand Liquidity (ODL) — a technology that uses XRP as an intermediary currency for instant transfers.
Hedera's hashgraph-based consensus is a mechanism characterized by high throughput (up to 10,000 transactions per second) and energy efficiency.
Comparison with traditional transfers
For context: standard SWIFT transfers can take from 1 to 5 business days and cost customers $10–$50 per transaction. Meanwhile, transfers using XRP are confirmed in 3–5 seconds at a cost of about $0.0002. Hedera, in turn, demonstrates impressive scalability, making it attractive for large financial flows.
Ripple's statement
At a recent XRP Ledger Apex 2025 event in Singapore, Ripple CEO Brad Garlinghouse expressed confidence in the potential of the XRP Ledger:
"Today, SWIFT has two components — messaging and liquidity. Liquidity is owned by banks. I think less about messaging and more about liquidity. If you control all the liquidity, it's good for XRP. So in five years, I would say that's 14%."
According to Garlinghouse, the XRP Ledger is capable of providing up to 14% of SWIFT's global liquidity within the next five years.
Conclusion
Testing SWIFT with the participation of XRP and HBAR could be an important step towards a faster, cheaper, and more transparent system for international transfers. Given the growing interest in digital assets and their technological advantages, the integration of such solutions into traditional financial mechanisms looks increasingly likely.
