- Zschach’s tweet resurfaces Ripple rivalry; Sibos2025 adds new speculation.
- Ripple challenges SWIFT’s dominance as Zschach teases future competition.
- SWIFT and Ripple prepare for an intense rivalry at Sibos2025.
In a recent tweet from SMQKE (@SMQKEDQG), drew attention to a post by Tom Zschach, SWIFT’s Chief Innovation Officer, who resurfaced an eight-year-old article discussing Ripple’s competition with SWIFT. The tweet, which was tagged “not a drill” by SMQKE, raised eyebrows across the financial community.
Zschach’s tweet, which read: “8 years on — see you at #Sibos2025,” has sparked significant speculation. The tweet, combined with the resurfaced article, has left many wondering why Zschach is referencing this old article now and what he knows about Ripple’s potential that the rest of the world might not yet be aware of.
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Ripple’s Growing Competition with SWIFT
The resurfacing of this article is particularly interesting given the increasing competition between Ripple and SWIFT in the global payments market. Ripple’s blockchain-based technology, including its native cryptocurrency XRP, has been seen as a challenger to SWIFT’s long-established cross-border payment network. Ripple’s solutions are known for being faster, cheaper, and more efficient compared to SWIFT’s traditional methods.
While Zschach’s tweet left many questions unanswered, SMQKE’s post points to the cryptic nature of his comment, suggesting there may be more to this resurfacing than just a simple reference to an old article. The mention of “See you at #Sibos2025” also adds intrigue, as Sibos is SWIFT’s annual global financial conference where key players in the financial industry gather to discuss trends and innovations.
What’s Next for SWIFT and Ripple?
Zschach’s resurfacing of the article and his comment about #Sibos2025 suggest that SWIFT may be preparing for more intense competition with Ripple. With Ripple’s increasing influence and the growing adoption of its technologies, the financial world is closely watching the evolving relationship between the two companies.
The fact that Zschach chose to highlight an old article and make a cryptic reference to the future suggests that SWIFT could be anticipating major developments or disruptions in the years ahead.
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