🚨 **BREAKING UPDATE: SWIFT PASSES ON XRP — SELECTS ETHEREUM L2 LINEA FOR ITS 2025 GLOBAL PAYMENTS PILOT** 🌍💥
In a major shake-up for the crypto space, SWIFT has officially chosen Consensys’ Ethereum Layer-2 **#Linea** — *not* XRP — for its large-scale 2025 cross-border payments pilot.
More than **30+ major global banks** — including JPMorgan, HSBC, BNP Paribas, Standard Chartered, and Citi — are participating, making this the biggest institutional move toward an Ethereum L2 ever.
This marks a major setback for XRP’s cross-border narrative, while giving Ethereum’s scaling ecosystem a powerful boost.
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🔥 **What This Means for Crypto**
**🔹 Ethereum L2 is leading the charge** Traditional finance isn’t just exploring crypto anymore — it’s building directly on Ethereum infrastructure.
**🔹 XRP left out** No XRP integration, no RippleNet testing — institutions are clearly favoring L2 solutions.
**🔹 A shift in global payments** If successful, SWIFT could transition to fast, low-cost blockchain rails powered by Ethereum-based tech.
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💡 **Why SWIFT Picked Linea**
Linea, developed by Consensys, offers: 🚀 High throughput 💸 Low fees 🔒 Ethereum-backed security 🌐 Smooth onboarding for banks
SWIFT’s choice highlights growing confidence in Ethereum as a global settlement backbone.
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🌐 **A Historic Turning Point**
This isn’t just another pilot program — it could mark the start of a new financial era where Ethereum Layer-2 networks support worldwide value transfer.