Recently, I came across an interesting viewpoint that caused a stir in the community—some researchers openly stated that a replacement for SWIFT is coming.

The logic behind this is actually easy to understand. According to a recent speech by a certain investment advisor, the global financial system is now performing a "digital operation." This isn’t about upheaval; simply put, it’s system iteration—gradually transitioning from traditional centralized structures to tokenized networks. Large institutions, traditional assets, digital assets—all are being swept into this process.

Why must this be done? Because digitalization itself is no longer optional. Why are custodial infrastructures like Anchorage and Fireblocks expanding rapidly? Ultimately, it’s one reason: the digitalization of finance and commerce requires corresponding infrastructure support. Without these tools, the entire chain cannot operate.

The current trend is clearer—industry players are upgrading traditional payment giants like SWIFT, Visa, and MasterCard into digital versions. Meanwhile, Ripple’s XRP-based payment network is already seen by many as a potential replacement for SWIFT in the digital age. This transition seems silent but is quietly rewriting the payment landscape. If you ask when it will be completed, it’s no longer a question of "if" but "when."