SWIFT, the dominant force in global financial messaging, has reportedly taken a bold step toward blockchain technology that could significantly challenge Ripple’s position in cross-border payments. According to a report from The Big Whale, SWIFT is now reportedly experimenting with an on-chain migration of its messaging system using Ethereum’s Layer 2 solution, Linea. This move signals a major shift in SWIFT’s strategy to modernize its payment infrastructure, potentially reshaping the competition between traditional financial systems and blockchain-based solutions.