This Partnership Gives Ripple Direct Access to Central Banks, SWIFT, WEF

Crypto researcher SMQKE has emphasized the strategic importance of Ripple’s partnership with Eastnets, describing it as significantly underrated given the scope and influence Eastnets holds in the global financial infrastructure.

According to SMQKE, Eastnets is deeply embedded in the fabric of international financial systems, providing critical services such as compliance, SWIFT connectivity, and ISO 20022 migration to a network that spans some of the world’s most influential financial institutions.

Eastnets is a global provider of compliance and payment solutions for the financial services sector. With over four decades of experience, it enables participation in the global financial system for more than 800 institutions, including 15 of the world’s top 50 banks and 22 central banks.

Furthermore, over 270 banks and corporations rely on Eastnets for outsourced SWIFT connectivity and compliance solutions. These figures alone reflect the scale and reach of the company’s operations and influence.

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Integration of Ripple in Eastnets’ PaymentSafe Platform

SMQKE’s tweet highlights that Ripple is integrated as a distributed ledger technology (DLT) rail within Eastnets’ “PaymentSafe” platform. This platform serves as a unified payment hub for managing domestic and international payments.

According to a presentation slide shared in the tweet, PaymentSafe supports multiple messaging formats, including ISO 20022, and offers real-time integration with back-office systems and message transformations. The DLT integration features Ripple, indicating that Ripple technology is being actively utilized as part of Eastnets’ broader transaction infrastructure.

This integration is not only a technical detail but a strategic connection that places Ripple in direct alignment with the high-value systems used by Eastnets’ clientele, including central banks and tier-one financial institutions. By participating in this platform, Ripple’s technology becomes accessible to a vast ecosystem of banks already interfacing with Eastnets.

Regulatory and Strategic Influence

Eastnets’ involvement in global regulatory and strategic initiatives adds another layer to this partnership’s significance. It is a strategic contributor to the World Economic Forum, where it engages in global financial policy dialogue.

It is also a founding member of the International Association for Trusted Blockchain Applications (INATBA), contributing to global efforts in standardizing blockchain technologies and promoting regulatory convergence.

By association, Ripple gains indirect exposure to these high-level forums and working groups, potentially influencing the development of blockchain policies and standards on a global scale.

Eastnets’ services also align closely with evolving regulatory requirements and innovations, particularly in the area of secure messaging standards such as ISO 20022, where it plays a leading role in migration and implementation support.

Implications for Ripple’s Position in Global Finance

SMQKE argues that this partnership provides Ripple with direct access to the infrastructure of global finance. Through Eastnets, Ripple’s technology interfaces with SWIFT systems, ISO 20022 frameworks, and the compliance architecture used by hundreds of institutions globally. This reach also extends to central banks and policy-making bodies through Eastnets’ extensive institutional relationships.

The collaboration indirectly amplifies Ripple’s role in shaping the future of digital finance. Notably, Eastnets also lists companies such as American Express, FBN Bank UK, and Mastercard among its customers, some of which have also been connected with Ripple’s broader enterprise offerings. This alignment supports Ripple’s long-standing goal of becoming a foundational infrastructure for cross-border payments and digital asset integration.

Disclaimer*: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.*


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