Linea Layer 2 Powers SWIFT Blockchain Rail
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Linea, a zk-EVM Ethereum layer 2 developed by Consensys, will underpin SWIFT’s blockchain payments platform. With $2.27B TVL and transaction speeds 15x cheaper than Ethereum, Linea could offer near-instant settlement, reduce errors, and cut costs, creating a competitor to Ripple’s XRP Ledger for institutional payments.
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Linea’s role as SWIFT’s blockchain backbone is a huge step — $2.27B TVL and 15x cheaper transactions than Ethereum could make it a direct challenger to Ripple’s XRPL in the institutional payments race.
For banks, this means faster settlement, lower costs, and fewer errors. -
If SWIFT integrates Linea at scale, the impact could be massive: instant settlement rails for global finance, institutional-grade zkEVM security, and Ethereum compatibility.