Implemented in 9 months. Global from day one.
Swift's blockchain-based ledger is ready for use, with ANZ, BNP Paribas, BNY, Citi, DBS Bank, First Abu Dhabi Bank (FAB), FirstRand, HSBC, Itaú Unibanco, Lloyds Banking Group, Mashreq, MUFG, OCBC, Standard Chartered, UBS, UOB and Wells Fargo preparing to pilot 24/7 tokenised cross-border payments.
This is a significant step towards scaling tokenised finance powered by the standards, security and global reach the industry relies on. By combining distributed ledger technology with Swift’s secure messaging network, the ledger:
-Enhances liquidity efficiency
-Improves cash flow visibility
-Enables seamless token recognition
What’s next? This is the first use case. The ledger creates a foundation for future innovation in areas like programmable money and agentic commerce, and we're continuing to explore more use cases with our community - helping to take tokenised money closer to scalable, real-world adoption.
Find out more: lnkd.in/eAucE_cJ
#Ledger #Tokenisation #CrossBorderPayments
Swift's blockchain-based ledger is ready for use, with ANZ, BNP Paribas, BNY, Citi, DBS Bank, First Abu Dhabi Bank (FAB), FirstRand, HSBC, Itaú Unibanco, Lloyds Banking Group, Mashreq, MUFG, OCBC, Standard Chartered, UBS, UOB and Wells Fargo preparing to pilot 24/7 tokenised cross-border payments.
This is a significant step towards scaling tokenised finance powered by the standards, security and global reach the industry relies on. By combining distributed ledger technology with Swift’s secure messaging network, the ledger:
-Enhances liquidity efficiency
-Improves cash flow visibility
-Enables seamless token recognition
What’s next? This is the first use case. The ledger creates a foundation for future innovation in areas like programmable money and agentic commerce, and we're continuing to explore more use cases with our community - helping to take tokenised money closer to scalable, real-world adoption.
Find out more: lnkd.in/eAucE_cJ
#Ledger #Tokenisation #CrossBorderPayments
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