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ACI Connetic reportedly adding support for payments through SWIFT's blockchain ledger

A post says banks would be able to handle tokenized deposits alongside traditional payments. It argues the expansion could benefit the XRP Ledger, but notes no confirmation that SWIFT's ledger runs on XRPL or uses XRP.

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1 Source, 8d ago, first seen 8d ago

TLDR

A post says ACI Worldwide is extending Connetic to support payments orchestrated through SWIFT's blockchain-based ledger. Banks would be able to process tokenized deposits alongside traditional payments, routing transactions across different payment and settlement rails. The post cites ACI's use of Ripple as an example of supported distributed ledger technology and argues that greater interoperability could benefit the XRP Ledger (XRPL). It also notes there is no confirmation that SWIFT's ledger itself runs on XRPL or uses XRP.

Combined views

11.4K

1 Source, first seen 8d ago

323 likes5 comments17 saves46 reposts

Combined views

11.4K

1 Source, first seen 8d ago

323 likes5 comments17 saves46 reposts

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

1 Source

@Bird_XRPLBIG NEWS! The XRP Ledger is positioning itself deeper and deeper into the infrastructure being built for the next generation of global finance. ACI Worldwide, which says it supports around 9% of global SWIFT traffic and ~30% in the US, is extending ACI Connetic to support payments orchestrated through SWIFT’s blockchain based ledger. Banks will be able to process tokenized deposits alongside traditional payments, with transactions intelligently routed across different payment and settlement rails. Now look at what ACI already says its infrastructure supports: “SWIFT FIN, gpi, DLT (e.g. Ripple), Wire and immediate payments.” Ripple is literally the example ACI gives for DLT within this multi-rail infrastructure. This is the financial system moving towards the environment Ripple and XRPL have spent years building for: Tokenized assets. Institutional payments. 24/7 settlement. Interoperability. Onchain liquidity. Real world asset infrastructure. And as more of global finance becomes tokenized and interoperable, XRPL has the opportunity to capture a much larger share of that activity. Important distinction: there is currently no confirmation that SWIFT's ledger itself runs on XRPL or uses XRP yet. However, the bullish story is that the infrastructure surrounding SWIFT is becoming increasingly capable of connecting with DLT networks such as Ripple. The plumbing of global finance is changing. And XRPL is positioned to be one of the rails that benefits from it.
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    1 Source

    @Bird_XRPLBIG NEWS! The XRP Ledger is positioning itself deeper and deeper into the infrastructure being built for the next generation of global finance. ACI Worldwide, which says it supports around 9% of global SWIFT traffic and ~30% in the US, is extending ACI Connetic to support payments orchestrated through SWIFT’s blockchain based ledger. Banks will be able to process tokenized deposits alongside traditional payments, with transactions intelligently routed across different payment and settlement rails. Now look at what ACI already says its infrastructure supports: “SWIFT FIN, gpi, DLT (e.g. Ripple), Wire and immediate payments.” Ripple is literally the example ACI gives for DLT within this multi-rail infrastructure. This is the financial system moving towards the environment Ripple and XRPL have spent years building for: Tokenized assets. Institutional payments. 24/7 settlement. Interoperability. Onchain liquidity. Real world asset infrastructure. And as more of global finance becomes tokenized and interoperable, XRPL has the opportunity to capture a much larger share of that activity. Important distinction: there is currently no confirmation that SWIFT's ledger itself runs on XRPL or uses XRP yet. However, the bullish story is that the infrastructure surrounding SWIFT is becoming increasingly capable of connecting with DLT networks such as Ripple. The plumbing of global finance is changing. And XRPL is positioned to be one of the rails that benefits from it.
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