đš BREAKING DEVELOPMENT IN GLOBAL PAYMENTS: Ethereum Layer-2 Linea Surpasses $XRP in SWIFTâs 2025 Pilot! đâĄ
A major shake-up is hitting the crypto and banking sectors!
SWIFT has officially chosen Linea, the Ethereum Layer-2 built by Consensys, as the technology partner for its upcoming 2025 international payments trial â and notably, XRP was not included in this round.
đ Whatâs Happening?
Linea, running on Ethereumâs advanced L2 framework, is being positioned at the center of a huge cross-border settlement experiment involving some of the worldâs most influential financial institutions.
â Major Points You Need to Know
đč Ethereum L2 Moves Into the Spotlight
Banks are now leaning into Ethereumâs scaling capabilities, giving ETHâs ecosystem a massive credibility boost.
$ETH: 2,864.42 (+1.77%)
đč Over 30 Global Banks Participating
Institutions such as JPMorgan, HSBC, BNP Paribas, and others are aligned with this pilot â signaling enormous confidence in L2 infrastructure.
đč Enhanced Speed & Lower Costs
Lineaâs architecture allows rapid, low-fee transaction processing, making it a strong contender for real-world, large-scale financial operations.