SWIFT has launched the first phase of its blockchain ledger, with 17 global banks set to pilot tokenized deposit payments for round the clock cross border settlements.

SWIFT has launched the first phase of its blockchain ledger, with 17 global banks set to pilot tokenized deposit payments for round the clock cross border settlements.

LONDON, July 9 : Global financial messaging network Swift launched a blockchain-based shared ledger on Thursday with an initial set of 17 banks including Citi and HSBC, as part of a push to enable round-the-clock payments and compete with the emerging stablecoin industry. Belgium-based Swift, which underpins th

LONDON, July 9 : Global financial messaging network Swift launched a blockchain-based shared ledger on Thursday with an initial set of 16 banks including Citi and HSBC, as part of a push to enable round-the-clock payments and compete with the emerging stablecoin industry. Belgium-based Swift, which underpins th

LONDON, July 9 : Global financial messaging network Swift launched a blockchain-based shared ledger on Thursday with an initial set of 16 banks including Citi and HSBC, as part of a push to enable round-the-clock payments and compete with the emerging stablecoin industry. Belgium-based Swift, which underpins th

SWIFT launches blockchain ledger pilot with 17 banks including HSBC, Citi, and UBS to test tokenized deposit payments for 24/7 cross-border transfers.