- SWIFT confirms DBS Bank helping design blockchain ledger for cross-border payments
- DBS maintains partnership with Ripple using XRP Ledger and RLUSD stablecoin
- Pundit says overlap places Ripple closer to global banking infrastructure layer
A recent post on X by market pundit Diana outlined how a newly confirmed collaboration between SWIFT and DBS Bank may indirectly strengthen Ripple’s position within the infrastructure layer global banks are developing for digital finance. Her remarks focused on the growing overlap between traditional payment networks and blockchain initiatives involving institutions already connected to Ripple’s ecosystem.
SWIFT Ledger Project With DBS Bank Highlights Ripple Connection
Diana highlighted that SWIFT confirmed DBS Bank is contributing expertise to help design a blockchain-based ledger intended to support cross-border payments. She pointed out that DBS already maintains an active partnership with Ripple involving tokenized trading and lending built on the XRP Ledger and Ripple’s RLUSD stablecoin.
Her analysis suggested that the alignment between these initiatives places Ripple closer to the same institutional framework large banks are now constructing for digital asset infrastructure.
According to a statement shared by SWIFT, DBS Bank contributes expertise as part of the global banking community, helping design the new distributed ledger system. The initiative focuses on building infrastructure capable of connecting emerging payment networks and new forms of digital value moving through financial markets.
Also Read: Pundit Says Ripple’s $750 Million Buyback Plan Is Big for XRP Holders – Here’s Why
Work on the project reflects increasing interest among major financial institutions exploring blockchain technology for cross-border transactions. Banks involved in the design process are examining how distributed ledgers could improve settlement efficiency and interoperability between financial systems.
DBS Bank holds a significant position within this effort as one of Asia’s largest banking groups with active digital asset initiatives. Its participation, therefore, links the SWIFT project to several existing blockchain collaborations.
Ripple Collaboration With DBS Strengthens Institutional Links
Ripple and DBS Bank previously announced a partnership focused on tokenized trading and lending infrastructure built on blockchain networks. That initiative uses Ripple’s RLUSD stablecoin together with the XRP Ledger to explore institutional financial applications.
Asset management firm Franklin Templeton also participates in the collaboration, expanding the scope of the project into tokenized financial markets. The initiative examines how blockchain systems could support lending activity, asset trading, and settlement processes.
Diana argued that DBS Bank’s participation in SWIFT’s blockchain ledger project connects Ripple more closely with the global banking infrastructure. Her comments highlighted how overlapping partnerships between financial institutions and blockchain providers continue shaping the evolving financial technology landscape.
Also Read: Caroline Pham Reveals Six-Point Crypto Plan After Historic SEC-CFTC Pact
