This marks the first time a major blockchain platform has explicitly acknowledged terrorism financing risks in DeFi liquidity pools, with Schwartz stating they 'can't use the XRPL DEX for payments yet because they can't be sure a terrorist won't provide the liquidity.' This unprecedented admission reveals the complex security challenges in transitioning from SWIFT to blockchain-based global payments.
Technology/AI
August 1, 2025
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Ripple's XRP Aims to Replace SWIFT: Digital Babylon Rising
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8:09 PM (3 weeks, 1 day ago)
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Prophetic Relevance Analysis
3 prophetic indicators detected •
Source reliability: 7/10
📰 What Happened
Ripple CTO David Schwartz addressed key questions about XRP's role in replacing SWIFT's global payment system. Despite having over 300 bank partnerships, Schwartz acknowledged low on-chain volume, citing institutional preferences for off-chain transactions and terrorism financing concerns. He defended XRP's use over stablecoins, noting that volatility can be advantageous in certain cases. The company is implementing permissioned domains to enhance security and encourage on-chain adoption.
📖 Prophetic Significance
The development of permissioned domains within XRP's system represents a crucial technological stepping stone toward the prophesied global economic control system. The ability to monitor and restrict liquidity providers, combined with 300+ bank partnerships, creates an infrastructure capable of implementing worldwide financial surveillance. Schwartz's admission about terrorist financing concerns reveals how this system could enforce the prophesied economic exclusion mechanisms. The merger of traditional banking (SWIFT) with blockchain technology (XRP) demonstrates how digital currency systems are enabling unprecedented financial control capabilities described in end-times prophecies.
What Makes This Event Unprecedented
🔗 Biblical Prophecy Connections
Revelation 13:17 - XRP's permissioned domains create infrastructure for controlling who can 'buy or sell'
Daniel 12:4 - The increase of knowledge enabling global financial systems to monitor all transactions
Revelation 18:11-13 - Digital payment systems facilitating worldwide merchandise control
💡 What This Means for Believers
Ripple's 300+ bank partnerships signal major shift from traditional to blockchain finance
Implementation of permissioned domains advances financial surveillance capabilities
Believers should understand how blockchain systems enable prophesied economic control
🙏 Prayer Focus
Wisdom for believers navigating the transition to blockchain-based financial systems
Discernment as permissioned domain systems enable greater financial surveillance