In a world where blockchains are the new black, Chainlink is strutting its stuff like a peacock at a poultry show, while XRP is left wondering if it should have worn a different outfit. You see, Chainlink has been getting cozy with SWIFT, the granddaddy of global banking, and itās starting to look like a match made in financial heaven-or at least a very well-lit conference room.
Reports have emerged, like a cat from a cardboard box, revealing that SWIFT is already using Chainlinkās wizardry to connect over 11,000 banks to both public and private blockchains. This is the kind of real-world adoption that makes Chainlink look like the cool kid at school, while XRP is still trying to figure out how to tie its shoelaces.
Chainlinkās Ties With Global Finance
Supporters of Chainlink are waving their pom-poms, pointing out that itās now rubbing elbows with the likes of the DTCC, Mastercard, and central banks. Itās like a financial Avengers team, and Chainlink is the one with the shiny suit and the best catchphrases.
When asked which blockchain would be the chosen one for these transactions, Chainlinkās very own Zack Rynes casually mentioned that any of the hundreds available could do the job. Itās like saying any pizza place could deliver a pie, but we all know thereās a difference between a five-star pizzeria and that questionable joint down the street.
However, Zack did clarify that SWIFT and Chainlink have been busy linking up a whopping 11,500 Swift-affiliated lenders to various blockchain networks. Thatās a lot of connections-more than a social media influencer at a networking event!
People claim $XRP will replace SWIFT, when in reality, SWIFT is working with @Chainlink to connect 11,500 Swift member banks to any public/private blockchain.
Thereās a million examples of this kind of disconnect between narrative and reality. $LINK = institutional coin.
– Zach Rynes | CLG (@ChainLinkGod) August 10, 2025
Meanwhile, some XRP enthusiasts are pushing back, claiming that the criticism is just a sign that their beloved token is on the verge of a breakthrough. Itās like saying that the more people complain about your cooking, the closer you are to winning a Michelin star.
Rynes, however, isnāt buying it. He argues that Chainlinkās $14 billion market cap is a mere pittance compared to XRPās $188 billion, especially when you consider Chainlinkās impressive institutional achievements. Itās like comparing a well-trained puppy to a dragon-one is cute and cuddly, while the other can incinerate your entire village.
Different Views From Ripple Supporters
The debate has drawn in Dom Kwok, co-founder of EasyA, who responded to a remark from influencer Ansem that Chainlink is what Ripple would be āif it actually worked.ā Ouch! Thatās like saying your favorite band would be great if they could actually play their instruments.
Kwok claims heās seen Rippleās technology in action, but Chainlink? Not so much. Itās like saying youāve seen a unicorn but never a garden gnome. He noted that spending time with builders often reveals which technology is actually working at scale-because, letās face it, no one wants to be the last one to find out their favorite tech is just a mirage.
Chainlinkās partnership with SWIFT dates back to 2016, but it seems to have picked up speed recently, like a tortoise on a caffeine high.
I have actually seen @rippleās tech work in real life.
Iāve never seen @chainlink work in real life, nor have I met anyone building with Chainlink either.
When you spend every day on the ground with developers, you understand what tech works much better than an influencer whoāsā¦
– Dom | EasyA (@dom_kwok) August 10, 2025
Both parties recently announced a proof-of-concept at the latest Chainlink SmartCon event, utilizing the Cross-Chain Interoperability Protocol (CCIP) to connect SWIFTās legacy messages with multiple blockchains. Itās like trying to teach an old dog new tricks, but this time the dog has a PhD in computer science.
In May 2023, tests with BNY Mellon and BNP Paribas successfully transferred tokenized assets between chains. So, while the debate rages on, one thing is clear: in the world of blockchain, itās always best to keep your friends close and your competitors closer-preferably with a side of popcorn. šæ
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2025-08-12 01:41