At SWIFT’s Sibos conference in Canada, blockchain and Ripple’s On-Demand Liquidity (ODL) solution were directly mentioned in a conversation with Artur Pereira of Key Info Technologies (Portugal).
✨ Blockchain Recognition
Pereira confirmed that major financial institutions, including SWIFT, are already running blockchain trials. He called adoption “a certainty,” signaling that DLT is not being ignored but actively explored.
✨ Ripple Mentioned by Name
When asked about Ripple, Pereira acknowledged full awareness, replying: “Yes, of course we do.”
On Ripple’s ODL: He confirmed familiarity.
On partnerships: He said, “Not yet,” leaving the door open for future collaboration.
✨ Why It Matters
Ripple ($XRP ) has long been seen as a competitor to SWIFT in cross-border payments. Yet, its recognition at Sibos shows banks are not dismissing Ripple — instead, they’re openly discussing its role in the future of finance.
✨ Beyond Payments
The discussion also referenced blockchain use in trade finance, like bills of lading in the UK, showing the technology’s scope is expanding far beyond payments.
📌 Bottom Line: $XRP and Ripple’s ODL are firmly on the radar of traditional finance players. The conversation at Sibos highlights growing recognition of Ripple within the global banking community.
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