TLDR Tech / Crypto
Swift Blockchain Ledger Goes Live With 17 Major Banks
Swift's blockchain-based ledger is live after nine months of development, with ANZ, BNP Paribas, BNY, Citi, HSBC, Standard Chartered, UBS, Wells Fargo, and nine other major institutions preparing to pilot 24/7 tokenized cross-border payments. The ledger combines distributed ledger technology with Swift's secure messaging network to improve liquidity efficiency and cash flow visibility, with programmable money and agentic commerce as planned future use cases.
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