Skip to content

This Partnership Gives Ripple Direct Access to Central Banks, SWIFT, WEF

2025-07-12 08:55:36

This Partnership Gives Ripple Direct Access to Central Banks, SWIFT, WEF

Main Idea

Ripple's partnership with Eastnets provides it direct access to central banks, SWIFT, and global financial systems, enhancing its role in international finance and compliance solutions.

Key Points

1. Eastnets provides critical services like compliance, SWIFT connectivity, and ISO 20022 migration to top banks and central banks, with over 270 banks relying on its solutions.

2. Ripple is integrated into Eastnets' 'PaymentSafe' platform as a distributed ledger technology (DLT) rail, supporting multiple messaging formats and real-time system integration.

3. The partnership gives Ripple indirect exposure to high-level forums like the World Economic Forum (WEF) and the International Association for Trusted Blockchain Applications (INATBA).

4. Ripple's technology interfaces with SWIFT systems, ISO 20022 frameworks, and compliance networks, expanding its reach to central banks and policy-making bodies.

5. Eastnets' clientele includes major financial institutions like American Express, FBN Bank UK, and Mastercard, potentially boosting Ripple's adoption for cross-border payments.

Description

Crypto researcher SMQKE has emphasized the strategic importance of Ripple’s partnership with Eastnets , describing it as significantly underrated given the scope and influence Eastnets holds in the global financial infrastructure. According to SMQKE, Eastnets is deeply embedded in the fabric of international financial systems, providing critical services such as compliance, SWIFT connectivity, and ISO 20022 migration to a network that spans some of the world’s most influential financial institut...

>> go to origin page
Tags:
Cryptocurrency News Ripple SWIFT World Economic Forum (WEF) XRP
$FORM
$3.3644
-1.81%

Latest News