SWIFT addresses problems Ripple highlighted for years

[etfs]

For years, Ripple has criticized the correspondent banking system for slow, unpredictable, and capital-intensive cross-border payments. SWIFT’s new scheme directly targets two of those pain points: transparency and predictability.

Customers will now know fees, exchange rates, and delivery times before sending money. However, the underlying settlement mechanics remain unchanged — banks still rely on pre-funded accounts. SWIFT is improving the customer experience without changing the banking backend.

[tradelikepro]

honestly if it works reliably, most users won’t care what rails are underneath.