XRP Surges as SEC Approves Custody, Ripple Taps SWIFT Network

SEC Greenlights XRP Custody and Ripple’s Thunes Integrates with SWIFT, Unlocking Global Institutional Access

  • XRP received approval from the SEC for digital asset custody services by regulated firms.
  • Ripple partner Thunes integrated its Pay-to-Banks service with the SWIFT network.
  • The SWIFT connection provides access to around 11,000 banks worldwide.
  • The new SEC guidance reduces barriers for institutional investment in XRP.
  • Price forecasts for XRP have increased as a result of regulatory clarity and infrastructure integration.

On September 30, 2025, the U.S. Securities and Exchange Commission (SEC) approved custody services for digital assets, including XRP, allowing registered investment advisers and broker-dealers to hold XRP on behalf of their clients. The regulatory action aims to make it easier for institutions to adopt digital assets while meeting federal requirements.

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According to the SEC’s issued no-action letter, this decision removes a major obstacle that prevented large companies like Coinbase and BitGo from offering XRP storage for clients. The guidance clarifies how digital assets should be held under existing custody rules, which previously created compliance concerns for many firms.

In a related development, Thunes, a payment solutions provider and a partner of Ripple, announced that it has connected its Pay-to-Banks service to the SWIFT network. This move enables XRP liquidity routed through Thunes to reach any of the estimated 11,000 banks linked to the global SWIFT network. On social media, users noted: “Money runs on connectivity. #Ripple partner Thunes plugged its Pay-to-Banks service into SWIFT. This means Ripple liquidity that is routed through Thunes can reach any SWIFT connected bank. Said to cover 11,000 banks.”

The integration with SWIFT is expected to help XRP become part of the mainstream banking system, which processes trillions of dollars in transactions each day. Industry analysis has responded by raising XRP’s price forecasts, with some projecting a target of $5, as reported in recent market outlooks.

The updated SEC guidance and the SWIFT integration address previous barriers for institutional investors and facilitate the adoption of XRP by allowing secure and compliant digital asset storage and broader payment reach. For the official SEC documentation, refer to SEC.gov.

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