Swift Adopts Blockchain-Based Shared Ledger - Community Declares ’XRP Has Collapsed’

Financial infrastructure giant Swift shakes up traditional banking with blockchain pivot

THE DISRUPTION ACCELERATES

Swift's move toward distributed ledger technology sends shockwaves through both traditional finance and crypto circles. The global messaging network that handles trillions daily now eyes blockchain efficiency - cutting settlement times from days to minutes.

XRP HOLDERS REEL

Ripple's native token faces brutal selling pressure as Swift's announcement undermines XRP's cross-border payment value proposition. Community sentiment tanks faster than a leveraged crypto position during a margin call.

INSTITUTIONAL DOMINO EFFECT

Major banks that previously dismissed blockchain now scramble to adapt. The very institutions that called crypto a 'fad' suddenly race to implement the technology they once mocked - typical Wall Street hypocrisy at its finest.

LEGACY MEETS LEGACY-KILLER

Swift's embrace of blockchain represents the ultimate validation for distributed ledger technology while threatening existing crypto payment solutions. The financial establishment just co-opted the revolution - and made traditional bankers look innovative in the process.

Image source: Getty Images.

It's not just one partnership with an AI leader that has investors excited today

UiPath announced today that it will partner withon a more advantageous solution that provides AI capabilities to strengthen their existing automated workflows in high-trust scenarios like fraud detection or healthcare. The new offering will offer customers an Integration Service Connector that connects UiPath and Nvidia's NIM, which accelerates deployment of generative AI, as well as Nemotron, reasoning models that enhance AI deployment.

Partnering with OpenAI, UiPath announced today that it will work to develop a ChatGPT connector that integrates OpenAI frontier models with UiPath's enterprise orchestration to provide enhanced enterprise customer workflows. According to UiPath, the two companies are "creating a benchmark for using computer-use models in agentic automation."

A third partnership that UiPath announced today is with cloud computing leader, which will see the two companies bring together UiPath's Agentic Automation platform with Snowflake's Corex AI, a platform for building AI agents. Graham Sheldon, UiPath's chief product officer, lauded the collaboration, stating, "By combining Snowflake Cortex AI with the UiPath Platform, customers can turn trusted insights into orchestrated action without reworking their existing systems."

Do these new partnerships suggest that UiPath stock is a buy now?

The several announcements that UiPath announced today are encouraging, and they demonstrate the company's commitment to remaining at the forefront of AI innovation. Even before today's announcements, UiPath was a compelling consideration, and today's news just adds to the bull case.