Swift launches blockchain ledger for cross-border payments, 17 banks to pilot tokenised deposits for 24/7 transactions.

Swift moves from concept to activation of blockchain-based ledger in nine months 17 banks from six continents are now preparing to pilot live transactions using tokenised deposits for 24/7 payment ...

The pilot will enable participating banks to support round-the-clock cross-border payments using tokenised deposits while settling transactions through existing payment systems ...

Swift today announced that its blockchain-based ledger is ready for initial use, enabling early adopter financial institutions to support 24/7 cross-border payments with tokenised deposits — and ...

SWIFT is on the point of a monumental transformation in cross-border payments, entering a pivotal moment for the future of international finance. SWIFT is setting a clear timeline for a future where ...

Swift, a member-owned cooperative operating messaging infrastructure for the world’s banking system, has announced that its blockchain-based ledger is ready for initial use. Early-adopting financial ...

Key insights: Seventeen banks, including BNY, Citi, HSBC, Standard Chartered and Wells Fargo, are preparing to test live, tokenized cross-border payments on the company's blockchain-based ...

Quick ReadMastercard picked XRP's ledger for card settlement, MoneyGram chose Stellar for its dollar stablecoin, and the UK Treasury endorsed Hedera for FX collateral.Swift bypassed all three networks ...