SWIFT Adds XRP and a Dozen Banks to Its Blockchain Line-Up

DailyCoin reports that SWIFT has introduced a blockchain-based line-up that includes Ripple’s XRP and a dozen banks. The report frames the development as an extension of XRP’s connections to financial institutions participating in SWIFT’s blockchain-adopting offering. No additional outlet coverage was supplied to independently corroborate those details. The source does not specify which banks are involved, the jurisdiction or launch date of the deployment, or how XRP is being used within the infrastructure. It also provides no transaction volume, settlement value, or rollout timetable, leaving the scope of the reported bank participation unclear beyond the headline’s reference to 12 institutions.

XRP is trading at $1.16, down 2.59% over the previous 24 hours and 7.32% over seven days. Its market capitalization is $73.51 billion. The move occurred against a broadly flat crypto market, where total capitalization stands at $2.61 trillion and Bitcoin is up 0.02% over 24 hours.

Market sentiment remains subdued, with the Fear and Greed index at 25, classified as Extreme Fear. The reported SWIFT development and XRP’s simultaneous decline highlight a distinction between institutional infrastructure interest and short-term market performance. The immediate points to monitor are confirmation of the participating banks and further details about XRP’s operational role, none of which are provided in the single supplied report.