XRPL validator Hussein Zangana, better known as Vet, has urged the XRP community to stop spreading claims that SWIFT is using XRP or will adopt it soon.
According to Vet, these claims distract from the real progress happening across the XRP Ledger (XRPL) ecosystem.
His comments came after former SWIFT Chief Innovation Officer Tom Zschach publicly dismissed renewed speculation that SWIFT would integrate XRP.
Focus on Real XRPL Growth
In a post on X, Vet told investors to “block” influencers who claim SWIFT is already using XRP or say with certainty that it will in the future.
He said these rumors are similar to earlier unverified claims involving the Depository Trust & Clearing Corporation (DTCC). According to Vet, such narratives are unnecessary and hurt the community’s credibility.
Instead, he encouraged the community to focus on ongoing XRPL developments. These include security upgrades, on-chain lending, stablecoins, foreign exchange capabilities, permissioned domains for compliant trading, and privacy improvements.
Vet also said Ripple and the XRPL ecosystem are working to onboard institutions and consumers while expanding real-world adoption. He argued that building useful infrastructure is “10000x better” than relying on unfounded speculation.
XRP Doesn’t Need SWIFT
Responding to Vet’s post, XRP community member CharuSan said XRP’s long-term success does not depend on SWIFT integration. He pointed to Ripple’s existing network of financial institutions as a stronger foundation. He also highlighted future developments such as AI agents on XRPL, lending protocols, and other ecosystem innovations as better reasons for optimism.
CharuSan added that XRP could eventually compete with traditional payment networks instead of operating alongside them.
Former SWIFT Executive Rejected XRP Rumors
The discussion follows comments made on July 10 by former SWIFT Chief Innovation Officer Tom Zschach. He rejected viral claims that SWIFT planned to support XRP.
Responding to social media posts claiming SWIFT would adopt public digital assets like XRP instead of launching its own cryptocurrency, Zschach replied, “Not happening.”
The speculation came from posts citing an alleged SWIFT document that supposedly said the organization would support existing digital assets such as XRP. However, no official SWIFT document or announcement backed those claims.
Zschach’s response is consistent with his long-standing skepticism toward Ripple and XRP. During his time at SWIFT, he questioned XRP’s utility and decentralization. He also criticized Ripple’s technology.
If you haven’t read former SWIFT (@swiftcommunity) Chief Innovation Officer, @TomZschach latest piece on tokenized assets yet, you might want to. In addition, if you haven’t watched his recent appearance on the @CryptoAmerica_ podcast, you should. Both are excellent, and… https://t.co/CeoCmXfavM
— 🌸Eri ~ Carpe Diem (@sentosumosaba) July 10, 2026
Despite recurring speculation whenever SWIFT announces blockchain or digital asset initiatives, neither SWIFT nor Ripple has announced any partnership involving XRP. Instead, Ripple executives have said the company is building an alternative to the SWIFT system.