Big news in global finance: SWIFT, the backbone of cross-border payments, has launched its 2025 pilot for next-gen paymentsā¦ and the winner is Linea, an Ethereum Layer-2 built by ConsenSys.
Not XRP. Not other payment tokens. Ethereum L2.
The pilot involves 30+ major banks, including JPMorgan, HSBC, and BNP Paribas. This signals a major shift: traditional finance is prioritizing scalable, production-ready infrastructure over hype.
Why Ethereum?
Ultra-fast transaction throughput š
Extremely low fees
Infrastructure banks can deploy today
Part of the trusted Ethereum ecosystem
Implications for XRP:
XRPās long-held narrative as the go-to payment solution faces a strong challenge. Will it remain relevant, or is Ethereum pulling ahead as the institutional favorite?
Market Movers:
Takeaway:
Global payments are evolving, and banks are betting on Ethereum Layer-2. Early adoption could spark significant ripple effects across crypto markets and liquidity flows.