Global payment giant Swift has launched an experiment with two blockchain networks, Ripple’s XRP ledger and Hedera’s Hashgraph (HBAR), to facilitate money transfers between countries. This project could change the way banks send money around the world.
The goal of the test is to get blockchain technology to work with an already in place banking system. To achieve this, the ISO 20022 guidelines are used.
swift In: Swift is testing XRP and HBAR for blockchain-based cross-border payments to increase efficiency and interoperability.
The future of global payments is being built right now 🔥pic.twitter.com/glxuhbkvsh
– Real World Asset Watchlist (@rwawatchlist_) August 21, 2025
Swift’s blockchain testing illustrates the careful but important steps to connect old-fashioned banks with cutting-edge digital infrastructure. The market will closely monitor the tests to see if there are any indications of long-term planning.
Possible use of iso 20022 Digital Asset Standards allow new standards to be set for global connectivity. XRP and HBAR are two examples of how blockchain can change the way money is transmitted and received.
Swift could expose XRP and HBAR to $trillion
XRP and HBAR have the ability to promote fast, scalable, and energy-efficient cross-border payments. XRP is known for its near-instant payment times and strong support from the banking sector. It uses little energy and processes around 1,500 transactions per second.
Meanwhile, HBAR uses hashgraph consensus methods to allow more than 10,000 transactions per second while using the same small amount of energy and having strong corporate governance. Both assets are valued to see how easy it is to transfer assets and use tokenization in a global financial environment.
Swift is not the only beneficiary. XRP and HBAR may benefit from more effort to standardize and verify them by institutions. Swift also processes over $150 trillion in cross-border payments each year. It is essentially the lifeblood of global finance. Even if only a small portion of that flow shifts to blockchains such as XRP or HBAR, it could create large transactional demand for these tokens.
Meanwhile, even after the news, the price of XRP It is stable at a price of $2.88, a 0.67% drop. on the other hand, hbar It is trading at $0.2338, a 1.14% drop.
Institutional and regulatory blockchain interest
This exam is a good sign for the crypto industry. They show that more institutions are beginning to understand how blockchain can be used in financial processes. Analysts also say the trial shows how blockchain-based solutions can work with current banking systems to improve speed, governance and standardization.
Swift’s approach focuses on ensuring that different systems work with each other and can be integrated over time.
Swift is not certain that it will use one blockchain technology in the long run, but it is testing many different platforms. This shows you understand how the industry is changing and how important it is to be flexible.
These tests are being conducted at the same time as regulators are becoming more interested in digital currencies. For example, Hong Kong has the Stablecoin Lab, and China is considering yuan-backed Stablecoins.
Furthermore, as before It has been reported By Cryptopolitan, the Shanghai financial regulator, the State Assets Supervisory Board (SASAC) held a high-level meeting to explore strategic policy responses to stubcoins and digital currencies despite the ban on crypto.
Major regulators are accelerating their involvement with US blockchain. The Securities and Exchange Commission (SEC) announced “Project Cryptography” A groundbreaking initiative aimed at modernizing digital asset regulations. This is to clarify cryptographic classification and to facilitate the integration of blockchain into traditional finance.
However, these regional projects are still in their early stages compared to more advanced testing of Swift at the institutional level.
