XRPL Validator Schools SWIFT CIO After Mocking Ripple and XRP

Vet (@Vet_X0), a validator on the XRP Ledger (XRPL), recently responded to commentary made by Tom Zschach, Chief Innovation Officer at SWIFT , regarding blockchain ￰0￱ argued that surviving lawsuits does not equate to resilience and claimed institutions prefer neutral, shared governance. Vet’s comments came in response to another professional who highlighted Ripple’s history of working with regulators and pushing compliance ￰1￱ countered by pointing out that the XRPL already operates under neutral, shared ￰2￱ explained that its structure is similar to Bitcoin and Ethereum, with hundreds of nodes ensuring that no single entity has ￰3￱ him, the claim that institutions risk being tied to “a competitor’s rails” misrepresents how the ledger actually ￰4￱ reaction suggests that this misunderstanding signals a lack of awareness within SWIFT’s leadership of how decentralized networks ￰5￱ that the Chief Innovation Officer of SWIFT doesn't understand blockchain ￰6￱ XRP Ledger governance is shared by hundreds of ￰7￱ different than BTC or ￰8￱ single entity controlling the XRPL, no bias or skew in favor towards any ￰9￱ — Vet (@Vet_X0) September 2, 2025 The XRP Ledger Governance Model The XRPL is maintained by a distributed network of ￰10￱ independent participants verify transactions, maintain consensus, and uphold the integrity of the ￰11￱ centralized platforms, no single company or balance sheet determines the outcome of governance.

Ripple, while heavily associated with XRP, does not control the ￰12￱ governance process ensures that no company can skew the rules in its favor, a point that Vet emphasized when defending XRP’s ￰13￱ comparing XRP Ledger governance to Bitcoin and Ethereum, Vet pointed out the legitimacy of its decentralized ￰14￱ many detractors have claimed that XRP is centralized, Ripple’s Chief Technology Officer (CTO), David Schwartz, and many other experts have corrected this misconception, with Schwartz explaining that the XRP ledger is more decentralized than proof-of-work blockchains like ￰15￱ institutions considering the adoption of blockchain solutions, the ledger’s decentralized model is a reassurance that they are not entrusting operations to a single corporate entity, as Zschach ￰16￱ for SWIFT and Global Payments The exchange highlights a broader debate about the future of cross-border ￰17￱ has positioned XRP as a faster and more cost-effective alternative to traditional settlement ￰18￱ institutions exploring digital assets, the question of governance becomes central to whether these networks can be trusted to handle global-scale ￰19￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 SWIFT has long been the dominant intermediary for cross-border transfers, but now faces challenges in addressing new decentralized technologies.

Vet’s response suggested that dismissing XRP’s governance model as company-driven overlooks its true decentralized ￰20￱ decision-makers at SWIFT continue to misunderstand or downplay XRP’s potential role, it raises questions about their readiness to adapt in a rapidly changing financial ￰21￱ : This content is meant to inform and should not be considered financial ￰22￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰23￱ are advised to conduct thorough research before making any investment ￰24￱ action taken by the reader is strictly at their own ￰25￱ Tabloid is not responsible for any financial ￰26￱ us on X , Facebook , Telegram , and Google News