XRP Drops 0.686% Amid Institutional Adoption and SWIFT Integration Talks

XRP's latest price was $2.83, down 0.686% in the last 24 hours. Tokenization platform Securitize is planning to integrate with the XRP Ledger (XRPL), a move that could bring BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) directly onto the blockchain network. This development signifies a growing connection between institutional finance and blockchain infrastructure, as well as an expansion of XRPL’s role in the real-world asset (RWA) sector. In recent months, XRPL has attracted several institutional adopters, including Guggenheim, VERT, and Dubai Land Registry, pushing it into the top ten blockchains for RWA activity. Ripple has further reinforced this momentum by publishing a roadmap that positions XRPL, along with native assets XRP and RLUSD, as infrastructure for stablecoin payments, collateralized lending, and broader institutional use cases. The potential arrival of the $2 billion BUIDL fund on XRPL would be a significant milestone, given its status as the industry’s largest tokenized money market fund.

As part of the collaboration, Ripple and Securitize are rolling out a smart contract integration that embeds RLUSD into the tokenization platform. This contract will allow investors to exchange shares in tokenized funds such as BlackRock’s BUIDL and VanEck’s VBILL for RLUSD 24/7. The integration is designed to enhance liquidity and offer investors a seamless way to move between tokenized money market funds and on-chain stable assets. While RLUSD for BUIDL is already live, VBILL support is expected to follow shortly. Ripple’s president, Monica Long, highlighted the accelerating institutional adoption of RLUSD, noting that DBS and Franklin Templeton are using it as a liquid, stable, and compliant exchange mechanism for tokenized assets in lending and trading use cases. Securitize has also added RLUSD as a new offramp for BlackRock and VanEck’s tokenized funds.

In recent months, there have been discussions and debates regarding the international banking network SWIFT integrating Ripple’s XRP Ledger for real-time cross-border transactions. SWIFT has been running trials with blockchain systems, including the XRP Ledger and Hedera, to test how distributed ledgers could plug into its cross-border payments infrastructure. Meanwhile, Ripple has gained momentum with institutional adoption through tokenized money market funds and its RLUSD stablecoin. Regulatory clarity in the US has also reduced some uncertainty around XRP. However, SWIFT has not confirmed a formal partnership with Ripple and has not made any formal commitment to using XRP in production. It remains unclear whether SWIFT will treat XRP Ledger as a core settlement option or simply keep it as one of several blockchains in a broader interoperability framework.

SWIFT has been explicit that it does not want to issue its own digital assets or pick winners. Its goal is to be the “messaging and interoperability layer” for its member institutions, making direct, wholesale adoption of any single asset like XRP unlikely. SWIFT has tested multiple ledgers, including XRP Ledger and Hedera, for tokenized settlement and cross-border experiments. The framing is “plug-and-play” interoperability, not single-rail dependency. XRP Ledger is one of the candidates in trials, but not the only one. From a technical perspective, XRPL is compatible and could slot into SWIFT’s modernization strategy. XRPL’s consensus mechanism offers 3 to 5 seconds settlement, with low fees, which matches SWIFT’s modernization goals. RippleNet’s On-Demand Liquidity (ODL) already demonstrates using XRP to source cross-border liquidity, something SWIFT’s correspondent banking lacks. XRPL is ISO 20022-compatible, which matters since SWIFT is mandating migration by November 2025.

Ripple has resolved much of its US legal uncertainty after years of SEC litigation, which de-risks XRP in institutional contexts. However, global regulators still treat XRP as a “high-risk” token in some markets, compared with central bank digital currencies (CBDCs) or regulated stablecoins. Banks tend to prefer assets with minimal compliance friction. Stablecoins and tokenized deposits may enjoy a regulatory edge. XRP’s legal position has improved, yet it’s still riskier for SWIFT to endorse outright compared with stablecoin integrations. Ripple has momentum with real tokenization use on XRPL, including DBS, Franklin Templeton, and Ripple’s RLUSD stablecoin project. Shariah compliance approvals also expand its market potential in Islamic finance. SWIFT is watching where liquidity builds. If XRP consistently captures tokenized fund and settlement flows, its odds rise. If Ripple keeps stacking institutional partnerships, SWIFT has a practical reason to treat XRPL as a viable option.

It is realistic that XRP Ledger becomes one of the ledgers integrated into SWIFT’s interoperability framework. However, it’s not realistic that SWIFT will integrate XRP exclusively or position it as the default backbone of global payments. The most likely outcome is a multi-rail setup, where XRP is available as an option for institutions that value its liquidity and settlement speed. The current boom of XRP news has been driven by mounting speculation around potential exchange-traded funds and their impact on the market sentiment of Ripple in 2026. Traders are watching intently how institutional adoption and regulatory clarity have the ability to control the long-term trajectory of XRP. Its status as a fintech cross-border payments leader is to maintain it at the center of discussions regarding how blockchain adoption can be achieved without sacrificing traditional finance. In the meantime, new players like Remittix (RTX) are getting into gear with similar visions on the table and fresh ideas about how crypto can influence cross-border payments.

Regulatory developments and shifting institutional sentiment continue impacting XRP's trajectory. Recent shifts in U.S. policy, occurring alongside broader cryptocurrency market movements, have influenced the landscape for XRP. This evolving environment, marked by a gradual warming following previous regulatory uncertainties, is fostering growing interest from institutional investors. Analysts observe that XRP is presently in what some characterize as an early stage of significant developmental potential, building upon its established position in the market, though specifics regarding this "all at once" phase remain under discussion.

The introduction of a dedicated Exchange-Traded Fund (ETF) targeting XRP exposure marked a significant institutional milestone. However, the immediate market reaction demonstrated pronounced volatility. The ETF's debut coincided with one of XRP's heaviest trading volumes, triggering a substantial market sell-off as some institutions opted to unload holdings, reflecting a classic 'sell-the-news' dynamic. This event led to XRP establishing a technical downtrend channel, suggesting a period of consolidation following the heightened post-launch activity.

In the wake of this ETF-induced selloff, market analysts are actively assessing the token's current standing using various technical and on-chain metrics. Some indicators point towards the asset being potentially undervalued relative to its network activity, suggesting underlying fundamental strength despite recent downward pressure. This potential undervaluation hints at the possibility of a future price recovery, though caution prevails. Analysts concurrently warn that further challenging market conditions could materialize before any substantial rebound takes hold, emphasizing the current cautious near-term outlook within the ecosystem.