The SEC Document That Mentions XRP As SWIFT's Replacement

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A post on X by crypto analyst Amonyx has gained traction after claiming that the U.S. Securities and Exchange Commission published a document that references XRP replacing the SWIFT system.

In the post, Amonyx wrote, “BOOOOOOOOOOOOOOOOOOM The SEC just published a document mentioning the replacement of the SWIFT system with XRP!” The statement was shared alongside an image of a “Financial Impact Table” outlining potential economic outcomes linked to XRP adoption.

The table included estimates such as $1.5 trillion in capital released from U.S. Nostro accounts, $7.5 billion in annual savings from transaction fees, and $500 billion in reduced federal payment costs over ten years.

It also suggested that some of the freed capital could be redirected into Bitcoin reserves. These figures were presented as potential results of integrating XRP into payment systems and government operations.

Origin of the Document Explained

Although the claim suggests official backing, the document was not written or issued as policy by the U.S. Securities and Exchange Commission. It is a third-party submission titled “XRP as a Strategic Financial Asset for the U.S.” and was authored by Maximilian Staudinger.

The SEC hosts public submissions on its website as part of its transparency process. Individuals and organizations can submit proposals, comments, or research, and these materials are often published without endorsement. The fact that the document appears on an SEC server has led some social media users to assume it reflects the agency’s position, which is not the case.

Details Within the Proposal

The table’s content reflects a hypothetical scenario rather than an official plan. It proposes replacing pre-funded banking systems, such as Nostro accounts, with XRP-based liquidity. It also suggests moving federal payments, including IRS and Social Security distributions, onto the XRP Ledger.

These ideas are consistent with arguments often made by XRP supporters regarding efficiency and cost reduction in cross-border payments. However, they remain theoretical and are not part of any confirmed government initiative. There has been no announcement from U.S. authorities indicating a move to replace SWIFT with XRP.

Skepticism From Other X Users

Current Industry Context

As of early 2026, XRP operates with improved regulatory clarity following the resolution of its legal case with the SEC. Despite this progress, there is no indication that the U.S. government plans to integrate XRP into its financial infrastructure.

At the same time, SWIFT continues to work on its own technological upgrades, including blockchain testing and central bank digital currency compatibility.

The situation shows how quickly information can be misinterpreted on social media, especially when official platforms host third-party materials.

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.*