The brand “XRP” registered in 2013 returns to the spotlight just as SWIFT announces the start of operational tests.The brand “XRP” registered in 2013 returns to the spotlight just as SWIFT announces the start of operational tests.
XRP: the 2013 brand reemerges as SWIFT initiates DLT operational tests — Impacts on global payments and ISO 20022
4 min read
The “XRP” brand registered in 2013 returns to the spotlight just as SWIFT announces the start of operational tests on transactions with digital assets set for 2025. An interesting aspect is that this coincidence brings attention back to interoperability, cross-border payments, and ISO 20022 standards, with possible practical implications for banks and infrastructures.
According to the data collected by our research team on payment systems (monitoring 2019–2025), the pilot projects that combined structured messaging and linking to DLT ledger showed significant reductions in operational exceptions and improvements in end-to-end visibility.
Industry analysts observe how the convergence between ISO 20022 and tokenized solutions is accelerating use cases for instant liquidity in high-volume corridors. I have personally followed some proof-of-concept integrations between banks and DLT networks and confirm that the complexity of integration requires governance, resilience testing, and detailed compliance procedures.
What has resurfaced: the XRP brand from 2013
Archive documents show a filing with the U.S. Patent and Trademark Office on December 31, 2013 for the distinctive sign “XRP”, registered in international class 36 (financial services) with the registration number 4,458,993 (WIPO; Justia — record). It is not a patent, but rather a trademark registration to protect the use of the name in a commercial context.
- Legal nature: a trademark protects the name in the reference markets; does not confer exclusive rights on the technology or the DLT network.
- Scope of use: the brand can be referenced in contracts, offers, and documentation of payment services, facilitating branding compliance.
Why now: SWIFT operational tests in 2025
SWIFT has announced the start of operational tests for transactions with digital assets, aiming to ensure interoperability between different ledgers and leverage ISO 20022 messaging for reconciliation and end-to-end monitoring. It should be noted that the initiative aims to connect the traditional banking system with DLT networks without compromising security, compliance, and scalability.
To frame the perimeter, SWIFT serves over 11,000 institutions in more than 200 countries and territories, making the impact of the tests potentially systemic, especially on high-volume cross-border flows.
Legal and commercial implications of the brand
- Brand vs technology: the protection of the name “XRP” supports commercial agreements and licensing, but does not equate to a technical or regulatory green light.
- Compliance: the use of the brand does not replace KYC/AML requirements, sanction checks, reporting, and prudential assessments.
- Contractual: a well-defined brand ownership reduces ambiguities in service offers and documentation with financial institutions.
Technical interoperability: connecting DLT and banks
The challenge is not only legal. It is primarily technical and about integration:
- Messaging and standards: alignment with ISO 20022 allows for richer data and automated reconciliation. For a technical overview and implementation requirements, see our guide: ISO 20022: meaning and impact on payments.
- Institutional wallets: management of keys, custody, and segregation of assets in compliance with banking policies.
- Bridge and connectors: creation of secure links between heterogeneous ledgers, with audit trail and complete traceability.
- Settlement: coordination between payment messages and settlement of on-ledger/off-ledger transactions.
In the market debate, networks like XRP and Hedera (HBAR) are often mentioned for use cases such as tokenized liquidity and instant payments. In this context, the scope of SWIFT tests concerns the orchestration of transactions across multiple DLT infrastructures, with the participation of banks and international operators.
Impact on cross-border payments
- Speed and transparency: improvement of settlement times and greater end-to-end visibility of transactions.
- Reduction of errors: the adoption of data structured according to ISO 20022 allows for the reduction of exceptions and manual fallbacks.
- Liquidity: possibility of using token and tokenized deposits as collateral or means of settlement in selected corridors.
- Scalability: the tests will evaluate network costs, throughput, and operational resilience.
Box — What changes for banks and clients
- Interoperability: integration between SWIFT and DLT to connect existing systems to new settlement networks.
- Compliance: on-chain traceability supports KYC/AML checks and sanctions screenings, while a solid data governance remains necessary.
- Expected costs: efficiencies in managing exceptions and reconciliations are anticipated, although uncertainties remain regarding network fees and institutional custody.
- Timeline: operational tests expected in 2025, with gradual adoptions and controlled perimeters before a wider rollout.
Risks and limitations
- Regulation: uncertainties persist regarding the prudential treatment, accounting, and the applicable regime for tokens in different jurisdictions.
- Costs and performance: a balance is needed between network fees, latency, and availability requirements 24/7/365.
- Governance: it is essential to clearly define roles and responsibilities between on-chain and off-chain operators.
- Reputational risk: sensitivity to the regulatory context — including any disputes in the crypto world — remains high.
Essential Timeline
- 2013 — Filing of the “XRP” trademark with the USPTO on December 31, 2013 (registration no. 4,458,993, class 36) (WIPO; Justia — record).
- 2025 — SWIFT announces the start of operational tests on transactions with digital assets using ISO 20022 messaging (SWIFT — official release).
Sources
- https://www.swift.com/news-events/news/live-trials-digital-asset-transactions-swift-start-2025
- https://www.uspto.gov
- https://www.wipo.int/amc/en/domains/search/text.jsp?case=D2016-0605
- https://www.iso20022.org/
- https://trademarks.justia.com/859/35/xrp-85935696.html
Market Opportunity
XRP Price(XRP)
$1.5178
$1.5178$1.5178
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Unlocking Massive Value: Curve Finance Revenue Sharing Proposal for CRV Holders
BitcoinWorld Unlocking Massive Value: Curve Finance Revenue Sharing Proposal for CRV Holders The dynamic world of decentralized finance (DeFi) is constantly evolving, bringing forth new opportunities and innovations. A significant development is currently unfolding at Curve Finance, a leading decentralized exchange (DEX). Its founder, Michael Egorov, has put forth an exciting proposal designed to offer a more direct path for token holders to earn revenue. This initiative, centered around a new Curve Finance revenue sharing model, aims to bolster the value for those actively participating in the protocol’s governance. What is the “Yield Basis” Proposal and How Does it Work? At the core of this forward-thinking initiative is a new protocol dubbed Yield Basis. Michael Egorov introduced this concept on the CurveDAO governance forum, outlining a mechanism to distribute sustainable profits directly to CRV holders. Specifically, it targets those who stake their CRV tokens to gain veCRV, which are essential for governance participation within the Curve ecosystem. Let’s break down the initial steps of this innovative proposal: crvUSD Issuance: Before the Yield Basis protocol goes live, $60 million in crvUSD will be issued. Strategic Fund Allocation: The funds generated from the sale of these crvUSD tokens will be strategically deployed into three distinct Bitcoin-based liquidity pools: WBTC, cbBTC, and tBTC. Pool Capping: To ensure balanced risk and diversified exposure, each of these pools will be capped at $10 million. This carefully designed structure aims to establish a robust and consistent income stream, forming the bedrock of a sustainable Curve Finance revenue sharing mechanism. Why is This Curve Finance Revenue Sharing Significant for CRV Holders? This proposal marks a pivotal moment for CRV holders, particularly those dedicated to the long-term health and governance of Curve Finance. Historically, generating revenue for token holders in the DeFi space can often be complex. The Yield Basis proposal simplifies this by offering a more direct and transparent pathway to earnings. By staking CRV for veCRV, holders are not merely engaging in governance; they are now directly positioned to benefit from the protocol’s overall success. The significance of this development is multifaceted: Direct Profit Distribution: veCRV holders are set to receive a substantial share of the profits generated by the Yield Basis protocol. Incentivized Governance: This direct financial incentive encourages more users to stake their CRV, which in turn strengthens the protocol’s decentralized governance structure. Enhanced Value Proposition: The promise of sustainable revenue sharing could significantly boost the inherent value of holding and staking CRV tokens. Ultimately, this move underscores Curve Finance’s dedication to rewarding its committed community and ensuring the long-term vitality of its ecosystem through effective Curve Finance revenue sharing. Understanding the Mechanics: Profit Distribution and Ecosystem Support The distribution model for Yield Basis has been thoughtfully crafted to strike a balance between rewarding veCRV holders and supporting the wider Curve ecosystem. Under the terms of the proposal, a substantial portion of the value generated by Yield Basis will flow back to those who contribute to the protocol’s governance. Returns for veCRV Holders: A significant share, specifically between 35% and 65% of the value generated by Yield Basis, will be distributed to veCRV holders. This flexible range allows for dynamic adjustments based on market conditions and the protocol’s performance. Ecosystem Reserve: Crucially, 25% of the Yield Basis tokens will be reserved exclusively for the Curve ecosystem. This allocation can be utilized for various strategic purposes, such as funding ongoing development, issuing grants, or further incentivizing liquidity providers. This ensures the continuous growth and innovation of the platform. The proposal is currently undergoing a democratic vote on the CurveDAO governance forum, giving the community a direct voice in shaping the future of Curve Finance revenue sharing. The voting period is scheduled to conclude on September 24th. What’s Next for Curve Finance and CRV Holders? The proposed Yield Basis protocol represents a pioneering approach to sustainable revenue generation and community incentivization within the DeFi landscape. If approved by the community, this Curve Finance revenue sharing model has the potential to establish a new benchmark for how decentralized exchanges reward their most dedicated participants. It aims to foster a more robust and engaged community by directly linking governance participation with tangible financial benefits. This strategic move by Michael Egorov and the Curve Finance team highlights a strong commitment to innovation and strengthening the decentralized nature of the protocol. For CRV holders, a thorough understanding of this proposal is crucial for making informed decisions regarding their staking strategies and overall engagement with one of DeFi’s foundational platforms. FAQs about Curve Finance Revenue Sharing Q1: What is the main goal of the Yield Basis proposal? A1: The primary goal is to establish a more direct and sustainable way for CRV token holders who stake their tokens (receiving veCRV) to earn revenue from the Curve Finance protocol. Q2: How will funds be generated for the Yield Basis protocol? A2: Initially, $60 million in crvUSD will be issued and sold. The funds from this sale will then be allocated to three Bitcoin-based pools (WBTC, cbBTC, and tBTC), with each pool capped at $10 million, to generate profits. Q3: Who benefits from the Yield Basis revenue sharing? A3: The proposal states that between 35% and 65% of the value generated by Yield Basis will be returned to veCRV holders, who are CRV stakers participating in governance. Q4: What is the purpose of the 25% reserve for the Curve ecosystem? A4: This 25% reserve of Yield Basis tokens is intended to support the broader Curve ecosystem, potentially funding development, grants, or other initiatives that contribute to the platform’s growth and sustainability. Q5: When is the vote on the Yield Basis proposal? A5: A vote on the proposal is currently underway on the CurveDAO governance forum and is scheduled to run until September 24th. If you found this article insightful and valuable, please consider sharing it with your friends, colleagues, and followers on social media! Your support helps us continue to deliver important DeFi insights and analysis to a wider audience. To learn more about the latest DeFi market trends, explore our article on key developments shaping decentralized finance institutional adoption. This post Unlocking Massive Value: Curve Finance Revenue Sharing Proposal for CRV Holders first appeared on BitcoinWorld.
Share
Coinstats2025/09/18 00:35
Best Crypto To Buy Now: Pepeto vs BlockDAG, Layer Brett, Remittix, Little Pepe, Compared
Today we compare Pepeto (PEPETO), BlockDAG, Layer Brett, Remittix, Little Pepe (and how they stack up today) by the main […] The post Best Crypto To Buy Now: Pepeto vs BlockDAG, Layer Brett, Remittix, Little Pepe, Compared appeared first on Coindoo.
Share
Coindoo2025/09/18 02:39
Solana Price Plummets: SOL Crashes Below $90 in Stunning Market Reversal
BitcoinWorld Solana Price Plummets: SOL Crashes Below $90 in Stunning Market Reversal In a dramatic shift for one of cryptocurrency’s leading networks, Solana (
Share
bitcoinworld2026/02/05 06:45