A new development from SWIFT has caught the attention of the XRP community after the global payments network revealed plans to integrate blockchain technology into its infrastructure through Linea, in collaboration with ConsenSys , the Ethereum-focused software 0 investor and analyst Mason Versluis shared his reaction in a video posted, describing the update as “bad news for XRP holders.” Versluis emphasized that while he remains bullish on XRP, the news marks a setback for those who believed SWIFT would align with 1 $XRP News?! SWIFT has clearly chosen 2 Ripple, and not XRP! I am NOT selling because of this, I don’t care! Explained 3 — MASON VERSLUIS (@MasonVersluis) October 8, 2025 SWIFT Partners with Ethereum’s ConsenSys According to SWIFT, the organization is developing a shared digital ledger with more than 30 financial institutions 4 initiative aims to enable real-time, around-the-clock cross-border payments by integrating blockchain-based ledgers into SWIFT’s infrastructure 5 surprising element for XRP supporters is the company SWIFT chose to collaborate 6 noted that ConsenSys, founded by Ethereum co-creator Joseph Lubin, “focuses on Ethereum,” showing SWIFT’s preference for that 7 move appears to dismiss two major beliefs within the XRP community: that SWIFT would either be replaced by XRP or directly adopt Ripple’s products.
“Today is the day that we get confirmation that they’re actually just going with ConsenSys,” Versluis said, making clear that the global network has opted for Ethereum-based solutions 8 Over Ethereum’s Efficiency While analyzing the decision, Versluis questioned the practicality of using Ethereum for cross-border settlements, given its transaction fees and speed limitations. “Why would they use Ethereum, where you can pay $20 per fee?” he asked, contrasting it with XRP’s faster and cheaper payment capabilities. However, he acknowledged that recent advances, such as layer 2 scaling solutions and atomic swaps, are improving Ethereum’s efficiency and may have influenced SWIFT’s 9 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Versluis also pointed out that SWIFT’s statement referenced earlier pilot programs involving various blockchain 10 suggested that Ripple or Chainlink could have been among those tested, but the final selection of ConsenSys shows where SWIFT intends to concentrate its current 11 Community Remains Firm Despite describing the update as disappointing, Versluis said he has no plans to sell his 12 reiterated confidence in Ripple’s progress, stating that “Ripple will continue to build as they have been, and XRP will continue to build as they have been.” His closing remarks signaled determination rather than panic, reflecting the stance of investors who view XRP’s utility and partnerships as long-term strengths independent of SWIFT’s 13 SWIFT favors Ethereum, XRP supporters remain confident that Ripple’s ecosystem will continue advancing XRP’s role in cross-border 14 : This content is meant to inform and should not be considered financial 15 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 16 are advised to conduct thorough research before making any investment 17 action taken by the reader is strictly at their own 18 Tabloid is not responsible for any financial 19 us on X , Facebook , Telegram , and Google News
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