SWIFT Backs GBBC’s Blockchain Adoption with XRP, HBAR, ADA

Published: 2025-08-25 08:24:08 |

SWIFT’s Chief Innovation Officer, Tom Zschach, praised the Global Blockchain Business Council (GBBC) and Oliver Wyman for their “commendable work” on a Capital Markets Risk Mitigation Framework. The framework aims to guide regulated institutions in assessing and managing non-financial risks in public blockchains, supporting secure blockchain adoption at scale. Notable industry participants include Ripple (XRP), Hedera (HBAR), and Cardano (ADA). Feedback on the framework draft is open until October 3. SWIFT’s public endorsement signals growing institutional support and a positive outlook for broader blockchain adoption in global finance.

Bullish

SWIFT’s endorsement is a significant positive signal for institutional confidence in blockchain adoption. Similar past validations—like SWIFT’s Innotribe challenges—have boosted project credibility and market sentiment. While short-term price movements for XRP, HBAR, and ADA may be muted, the long-term effect is likely bullish as regulatory guidance and risk frameworks lower barriers to entry, encouraging wider institutional participation and trading activity.