Ripple’s latest strategic move has sparked fresh discussions on whether it is positioning itself as the modern successor of the Society for Worldwide Interbank Financial Telecommunication (SWIFT) . A crypto pundit has highlighted the company’s quiet expansion through global payment corridors , arguing that Ripple’s investment in regulated infrastructure is laying the groundwork for it to potentially emerge as the new SWIFT.
Ripple Tipped To Quietly Replace SWIFT
According to crypto investor Stern Drew, Ripple’s long-term strategy to establish itself as the next-generation global payments network that could rival SWIFT has taken a major leap. In a thread posted on X social media, Drew described Ripple’s recent investment in Singapore-based Tazapay as a “backdoor” m