#linea $LINEA @Linea.eth
Next time someone asks me why I bought $ETH $LINEA , I will show them this news 🔥🔥🔥
Breaking: SWIFT chooses Ethereum Layer-2 #Linea instead of XRP as the payment solution for the 2025 cross-border payment pilot project.
SWIFT has made a significant institutional decision to adjust, selecting Consensys’ Linea (Ethereum L2) instead of $XRP for its upcoming cross-border payment pilot project set to launch in 2025. This project will involve over 30 major banks, including JPMorgan Chase, HSBC, and BNP Paribas.
This move marks the largest scale adoption of Ethereum Layer-2 by traditional financial institutions to date. Contrary to previous expectations, XRP will not be natively integrated this time, highlighting the growing trust in Ethereum's scaling solutions.
What does this mean?
Ethereum L2 adoption status: This indicates that Ethereum’s Layer-2 solutions are making significant progress in traditional banking.
XRP faces setbacks: As institutional investors explore more scalable and flexible alternatives, XRP's role in cross-border payments is being challenged.
Financial innovation: This pilot project involves over 30 major banks and is expected to reshape the way international payments are processed, making transactions faster and cheaper.
Why choose Linea?
Developed by Consensys, Linea is an #Ethereum Layer-2 solution designed for high-speed, low-cost transactions. SWIFT’s selection of Linea demonstrates its confidence in Ethereum's technological infrastructure and highlights the growing trend of cryptocurrency integration into mainstream finance.
This is a historic moment for Ethereum L2, potentially marking the beginning of a new era for the traditional banking system's adoption of cryptocurrencies.
