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WIFT Chooses Ethereum Layer-2 #Linea Over XRP for 2025 Cross-Border Payment Pilot In
đš BREAKING: SWIFT Chooses Ethereum Layer-2 #Linea Over XRP for 2025 Cross-Border Payment Pilot
In a massive institutional pivot, SWIFT has chosen Consensysâ Linea (Ethereum L2) instead of XRP for its upcoming 2025 cross-border payments pilot. This initiative will involve 30+ major banks, including JPMorgan, HSBC, and BNP Paribas.
This move marks the biggest adoption of Ethereum Layer-2 by traditional financial institutions to date. Unlike previous expectations, there will be no native XRP integration, highlighting the growing trust in Ethereumâs scaling solutions.
What Does This Mean?
Ethereum L2 Adoption: This demonstrates that Ethereumâs Layer-2 solutions are gaining serious traction in the traditional banking sector.
XRP Setback: XRPâs role in cross-border payments is being challenged as institutional players explore more scalable and flexible alternatives.
Financial Innovation: With 30+ major banks participating, this pilot could reshape how international payments are processed, making transactions faster and cheaper.
Why Linea?
Linea, built by Consensys, is an Ethereum Layer-2 solution designed for high-speed and low-cost transactions. Its selection by SWIFT shows confidence in Ethereumâs technical infrastructure and highlights the growing trend of crypto integration in mainstream finance.
This is a historic moment for Ethereum L2s, and it could signal a new era of crypto adoption in traditional banking systems.