An influential XRP researcher has dismissed concerns that SWIFT's new blockchain ledger poses a threat to XRP. The researcher highlighted that XRP's value proposition extends beyond competing with banks, focusing on liquidity solutions and remittance channels. SWIFT, the global payment network, recently announced a blockchain-based shared ledger developed with ConsenSys, supported by over 30 major banks, including JPMorgan and Santander. The project aims to facilitate real-time transactions across fiat and digital assets. XRP supporters maintain that Ripple's vision encompasses broader ecosystem use cases beyond direct competition with SWIFT.