SWIFT announced plans to add a blockchain-based shared ledger to its infrastructure to support 24/7 cross-border payments using tokenized assets and smart contracts.

The initiative, revealed at Sibos 2025, is being developed with Consensys and 30+ global banks including JPMorgan, HSBC, Citi, and BNP Paribas.

@swiftcommunity stressed the system is token-agnostic and interoperability-focused, designed to work across existing banking rails, public and private blockchains, stablecoins, and future CBDCs.

Despite community speculation, there is no official mention or confirmation of Ripple, XRP, or the XRP Ledger in SWIFT’s announcement or supporting documents.

This marks a shift from messaging-only rails toward a broader digital finance infrastructure, but integrations with specific crypto networks remain unannounced.