The SWIFT network and Ripple’s blockchain-based system are typically positioned as separate, even competing, ecosystems for processing cross-border payments. The idea of them working in concert often assumes a formal partnership that does not exist.
However, a technical analysis and diagram presented by crypto researcher SMQKE (@SMQKEDQG) on X shows a technology-driven method for interoperability.
This connection is enabled within the existing software infrastructure of financial institutions, creating an unofficial but highly functional bridge between SWIFT’s messaging standard and Ripple’s modern settlement capabilities.
How SWIFT GPI taps into RippleNet and XRP through Ripple partners using HTTPS and APIs without a direct SWIFT to Ripple relationship
Documented.
pic.twitter.com/zpsRLpT3gq
— SMQKE (@SMQKEDQG) August 15, 2025
The SWIFT-to-Ripple Payment Flow
When a bank initiates a cross-border transaction using SWIFT’s Global Payments Innovation (GPI) service, it sends a standardized payment message such as the MT103 format to the receiving institution.
SWIFT GPI was introduced to improve speed and provide end-to-end tracking. Normally, this message would remain within the correspondent banking system until settlement.
When the receiving bank also uses Ripple, its internal systems can act as a pivot. Core banking platforms and enterprise resource planning (ERP) systems from providers such as Temenos, SAP, or CGI can be configured to parse data from incoming MT103 and trigger a separate workflow.
The Ripple Integration Point
At this point, the workflow shifts from traditional rails to digital settlement. Instead of passing through correspondent banks, the bank’s software can make a secure HTTPS API call to Ripple. This converts the SWIFT payment instruction into a settlement request on Ripple’s platform.
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This step happens independently of SWIFT. The SWIFT network’s role ends once the GPI message reaches the bank. What follows is the bank’s choice to use Ripple as the settlement layer, allowing it to keep a familiar SWIFT interface for clients while internally relying on Ripple for faster execution.
Real-Time Settlement Using XRP
When the instruction enters Ripple, settlement can be executed with XRP through On-Demand Liquidity (ODL). This process eliminates the need for pre-funded nostro accounts. The originating currency is exchanged for XRP on a digital asset platform, transferred across the XRP Ledger (XRPL) within seconds, and then converted back into local currency at the destination.
Funds are delivered to the beneficiary almost immediately. This reduces settlement times from days to seconds, freeing up capital that would otherwise remain locked in correspondent banking networks.
Many experts believe Ripple and XRP will replace SWIFT. This system could help build familiarity with banks as they move away from legacy systems and embrace the future of global finance.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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The post How Banks Can Use XRP For SWIFT Payments Without a Partnership appeared first on Times Tabloid.
