The decades-long rivalry between Ripple and SWIFT took a new turn this week after a bold comment from SWIFT’s Chief Innovation Officer, Tom Zschach, drew sharp reactions from the Ripple and XRP community. Zschach argued that calling a private token a “ bridge currency ” was like calling a fax machine ”the internet.” The remark set off heated debates among Ripple supporters, many of whom felt the analogy was either misguided or a thinly veiled jab at XRP’s role in global cross-border settlements .

Ripple Community Fires Back At SWIFT’s “Fax Machine” Remarks

In a post on X social media, Zschach sparked controversy by dismissing the idea of private tokens serving as bridge currencies. His analogy of a fax machine and the internet ignited discussions across the Ripple

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