SWIFT Trials On XRP & HBAR Done: Who Wins The Crown?

SWIFT is exploring blockchain rails for cross-border settlement, testing Hedera (HBAR) and XRP (XRP Ledger) alongside others as part of a multi-rail approach. The trials aim to enable instant settlement and reduce pre-funding, with ISO 20022 adoption driving the initiative in 2026. Hedera highlights high throughput and enterprise-grade compliance, while XRP emphasizes liquidity and rollout potential. The outcome appears to favor a multi-rail strategy, with Hedera suitable for tokenization and institutional workflows and XRP for liquidity corridors.