- MasterCard CEO confirms Ripple talks but stops short of any official deal.
- Claims of $1T memecoin volume on XRPL lack a timeline or verified sources.
- No confirmed integration between Ripple and SWIFT has been announced yet.
A new round of posts claims MasterCard’s CEO confirmed Ripple will replace SWIFT, despite no official integration being announced. Though the CEO acknowledged ongoing discussions, no formal partnership or deployment has been verified as of now.
Ripple’s Alleged SWIFT Takeover Gains Attention Again
According to a post by XRP Avengers, the CEO of MasterCard announced that talks are underway to utilize Ripple’s XRP Ledger (XRPL) as part of an evolving transaction infrastructure. The post also stated XRPL is positioned to handle $1 trillion in memecoin transactions, highlighting $XPUMP as a leading token in the top 10 on the XRP Ledger. However, no source has confirmed the $1 trillion figure or its timeline for implementation.
The resurfacing of a prior article from October 2024 has added to the confusion surrounding MasterCard’s involvement with Ripple. That report by Will Izuchukwu suggested potential XRPL integration and projected explosive growth for the CTF token amid plans to launch a decentralized crypto marketplace. Despite the bold claims, no corporate entity has formally endorsed or acknowledged these projections.
Research Post Sparks Confusion Around SWIFT Upgrade
Momentum behind this narrative was further fueled by a post from crypto researcher SMQKE, who shared a video discussing the digital evolution of traditional financial systems. The speaker referred to firms like Anchorage, Fireblocks, and Kraken as central to the infrastructure supporting digital assets. Ripple and Yellowcard were given as examples of platforms replacing legacy systems, without specifying any specific integration.
The video also talked about the tokenization of fiat currencies and commodities, such as the U.S. dollar and gold, through assets like Tether and Pax Gold. While this content illustrates a broader trend towards blockchain adoption, it does not substantiate Ripple’s direct role in replacing SWIFT in the near term. Instead, it points to a general industry trend of decentralization and digitization without naming official participants.
The MasterCard CEO acknowledged that conversations are ongoing, but stopped short of announcing any finalized deployment involving Ripple or XRPL. There has been no formal press release or corporate filing to support the claims currently circulating. Until a public statement is made, the replacement of SWIFT with Ripple technology remains unconfirmed and speculative.
