Did Chainlink Just Take XRP’s Place With SWIFT… Or Is the Story More Complicated?
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 15 2025
Partnership between SWIFT and Chainlink: SWIFT is collaborating with Chainlink to utilize its Cross-Chain Interoperability Protocol (CCIP) for connecting over 11,000 banks to various blockchains, enhancing its payment system while maintaining the need for a settlement asset like XRP.
Complementary Roles of XRP and Chainlink: Despite concerns that Chainlink may overshadow XRP, both technologies serve distinct purposes; Chainlink facilitates connectivity and data transfer, while XRP provides quick and cost-effective settlement, suggesting they can coexist and potentially enhance each other's utility in the banking sector.
About the author
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Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
