In an announcement, an individual affiliated with the XRP Ledger Foundation has confirmed that Swift does not use XRP, putting to rest any speculation. Investors should refrain from believing and spreading false information.
Direct Statement from XRP Ledger Foundation
A consultant with the XRP Ledger Foundation has put to rest any notion of a working relationship between Swift and the XRP cryptocurrency. The consultant emphasized that Swift does not make use of XRP, and in doing so cautioned the crypto community against being swayed by such false information. This is a firm position taken in light of the kind of baseless stories and speculation one finds from investors and influencers these days.
Community Urged to Reject False Narratives
The expert on the most recent installment of Crypto Mason was blunt in his counsel to investors: stop following any influencer promoting the idea that Swift is using XRP. He dismissed it as nothing more than convenient fabrications spread to take advantage of those hoping for easy gains. As for the persistent rumor-mongers in the space, they would have you believe otherwise, but holding on to the belief that Swift has adopted XRP is simply wishful thinking.
Focus on Real XRP Ledger Developments
In the course of his remarks, the consultant presented evidence of verifiable and considerable progress in the XRP Ledger ecosystem. One need look no further than the new stablecoins, on-chain loans, and the strengthening of security to see that there is real growth underway. Such developments make any talk of Swift’s involvement entirely beside the point. As for investors, the advice is to steer clear of the unattainable profits being promised through Swift speculation and focus on what is actually happening on the XRP Ledger.
Investor Protection: Avoid Scams and Unrealistic Promises
There is a need for the community to be on guard, the expert cautioned, particularly with respect to those who are asking for payment in advance in return for what they claim will be exceptional XRP gains. One would do well to view such propositions with suspicion; they are red flags, and their aim is usually to prey on anyone still giving credence to the Swift-XRP myth. Instead of made-up tales or outright scams, an investor’s interests are better protected by sticking to the facts of platform developments and real news.
Source — Crypto Mason: https://www.youtube.com/watch?v=VXhffxL0GOw