SWIFT Launches Blockchain Ledger for 24/7 Cross-Border Payments With 17 Banks Joining Pilot
SWIFT announced the launch of a blockchain-based ledger enabling 24/7 global interbank transactions using tokenized deposits. Seventeen banks from six continents, including BNP Paribas, Citi, HSBC, Itaú Unibanco, Lloyds Bank, MUFG Bank, Standard Chartered, UBS, and Wells Fargo, will begin pilot