• SWIFT CIO says that legal survival doesn’t equal resilience for payment providers.
• Zschach questions whether banks will trust XRP over stablecoins or tokenized deposits.
• Ripple pushes blockchain speed, but SWIFT relies on trust and proven governance.

The competition between SWIFT and Ripple has intensified as SWIFT’s Chief Innovation Officer, Tom Zschach, questioned whether businesses will trust Ripple following its SEC lawsuit resolution. Zschach’s comments came during a LinkedIn discussion where a user praised Ripple’s regulatory persistence.

Zschach argued that surviving legal challenges does not constitute genuine resilience for financial infrastructure providers. Instead, he emphasized that institutions require neutral and shared governance structures before adopting new payment technologies, suggesting that regulatory survival alone cannot guarantee business confidence.

The post SWIFT CIO Challenges Ripple’s Trustworthiness After SEC Lawsuit Resolution appeared first on Coin Edition.

• SWIFT CIO says that legal survival doesn’t equal resilience for payment providers.
• Zschach questions whether banks will trust XRP over stablecoins or tokenized deposits.
• Ripple pushes blockchain speed, but SWIFT relies on trust and proven governance.

The competition between SWIFT and Ripple has intensified as SWIFT’s Chief Innovation Officer, Tom Zschach, questioned whether businesses will trust Ripple following its SEC lawsuit resolution. Zschach’s comments came during a LinkedIn discussion where a user praised Ripple’s regulatory persistence.

Zschach argued that surviving legal challenges does not constitute genuine resilience for financial infrastructure providers. Instead, he emphasized that institutions require neutral and shared governance structures before adopting new payment technologies, suggesting that regulatory survival alone cannot guarantee business confidence.

The post SWIFT CIO Challenges Ripple’s Trustworthiness After SEC Lawsuit Resolution appeared first on Coin Edition.