New amendments in SWIFT infrastructure are showing signs of blockchain integration as soon as November, 2025. The shift to blockchain-based operations could open up a $155 trillion market for utility altcoins, namely Ripple (XRP) & Hedera (HBAR).
SWIFT Declares Crypto Integration In ISO-2022
Both of these game-tested altcoins have been constantly compared in features and capabilities in terms of a potential SWIFT integration. While that was in theory, SWIFT just made a ground breaking move by officially confirming support for crypto integration this year.
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In the updated infrastructure document released by SWIFT, it states that cash accounts can be settled on a Distributed Ledger (DLT) wallet. Hedera Hashgraph (HBAR) & Ripple (XRP) are the two most famous companies carrying a DLT-based blockchain, adding substance to the claims that XRP X SWIFT or HBAR X SWIFT integration is on the cards.
Furthermore, network fees are going to offer built-in blockchain support for gas fees. SWIFT also named Oracles as trusted crypto pricing sources, tracking of tokenized and sequenced transactions on distributed ledger chains, while CBDC or crypto assets will be kept on a crypto wallet instead of a cash account.
The XRP & HBAR favoring stance is perceived in both the ISO-2022, or the MX & the legacy MT statement. Indeed, MT’s statement offers a like-minded perspective on crypto, adding the Block Chain Wallet (BCCW) into the infrastructure.
Notably, the original cash-settled wallet was deemed โnot sufficient for all casesโ. According to both official SWIFT statements, these ground-breaking upgrades are set to go live on SWIFT by November 2025.
HBAR, XRP Price Rallies On SWIFT Crypto News
Amidst these bullish events, Hederaโs native HBAR token has broken the prolonged downward trend, gearing up towards $0.29 if the positive market sentiment sustains. Currently trading at $0.21, HBAR price soared by 23% since last week, but the trading volumes kept steady below $1 billion in a 24-hour time frame.
On the other hand, Ripple (XRP) tacked on humongous trading volumes on Spot markets this week, whipping up a $10.65 billion trading volume this Tuesday, according to CoinGecko.
On top of that, XRPโs shine canโt be denied on Derivatives either, as the trading volume spiked by 166% to a gargantuan $19.75 billion in 24 hours, according to CoinGlass.
The cross-border transaction favorite XRP coin even briefly overtook USDT for the third position in cryptoโs global ranks yesterday, after securing the $2.50 demand zone after a 21% bull run last weekend.
On The Flipside
- Crypto industry is massively growing in credibility this year, mostly fueled by Rippleโs win against the U.S. Securities and Exchange Commission after a 6-year legal battle.
- Another example of this is KuCoinโs recent benchmark ISO:27001:2022 certification, a globally-recognized Information Security Management Systems (ISMS) standard.
- One of cryptoโs big trio, KuCoin exchange established a $2 billion trust fund to continue the progress in compliance with systematic risk assessment and cross-border cooperation.
Why This Matters
Distributed ledger technology integration brings immediately settled transactions to the globeโs leading financial conglomerate. This is highly beneficial for both digital & legacy finance, as deals can flow in a more efficient manner.
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