SWIFT's Tom Zschach Criticizes Ripple's Governance: A Significant Setback for XRP's Prospects

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Sep 02 2025

Zschach's Critique of Ripple: Tom Zschach, SWIFT's Chief Innovation Officer, criticizes Ripple's governance, arguing that its centralized control undermines claims of decentralization and raises concerns about compliance and resilience in the financial sector.
Public Blockchains vs. SWIFT: Zschach emphasizes that public blockchains lack the necessary compliance and governance, making SWIFT a more reliable option for financial institutions, while hinting at significant developments expected at the upcoming #Sibos2025 conference.

About the author

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.

SWIFT's Tom Zschach Criticizes Ripple's Governance: A Significant Setback for XRP's Prospects

About the author

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