# SWIFT

Chainlink CCIP Fees Hit $1.2 Million Weekly as SWIFT Banks Sent $480 Million in Tokenized T-Bill Transfers
Bank rails just paid Chainlink, and the receipt is on-chain. CCIP fees hit $1.2 million weekly, up 38% week over week, after SWIFT-linked banks sent $480 million in tokenized T-bill transfers across three chains. Total CCIP volume crossed $2.1 billion cumulative, with 42% in T-bills, 31% in stablecoins, and 27% in tokenized deposits.
Why banks used it matters. A pilot with 4 large banks and 2 fund managers uses CCIP to lock T-bills on Ethereum and mint a wrapped version on a private cha

#MoneyGram and #NALA just launched stablecoin-powered payouts across Africa and Asia. Near real-time settlements. 24/7. No #Swift Traditional remittance fees average 6.49%. That's $13 lost on every $200 sent home. Stablecoin settlement removes the core problem — pre-funded liquidity. Capital frozen across dozens of countries in advance, just to make transfers possible. One settlement layer now covers all corridors instead. The $300B stablecoin market isn't growing because of retail speculation. Treasuries and payment teams found the real use case. MoneyGram is just the first major player to

The competition has become fierce as global leading organizations such as #SWIFT have joined, and cross-border blockchain transactions have begun trials with 17 major banks.