News Explorer — Swift's Blockchain Network Attracts Major Banks With 24/7 Token Transfers

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Jul 9, 4:23 pm

Decrypt

Swift's Blockchain Network Attracts Major Banks With 24/7 Token Transfers

Swift announced that 17 banks worldwide, including major institutions like BNP Paribas and HSBC, will participate in a pilot program using its blockchain-based ledger for tokenized deposits. This move aims to enhance global liquidity efficiency and client experience while maintaining compliance standards.

Swift announced that 17 banks worldwide, including major institutions like BNP Paribas and HSBC, will participate in a pilot program using its blockchain-based ledger for tokenized deposits. This move aims to enhance global liquidity efficiency and client experience while maintaining compliance standards.

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