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Personal Finance Rich Enough to Retire, but Afraid To: How to Close the Confidence GapCompanies AstraZeneca's Wainua Fails a Big Heart Trial, Wiping About £19 Billion Off Its ValueCrypto Swift Launches a Blockchain Ledger to Test Tokenized Deposits With 17 Big BanksCompanies The 'Amazon of Oil': How Trading Houses Keep Crude Moving Around the WorldEconomy Britain Extends the Life of Sizewell B Nuclear Plant to 2055Markets Prologis Takes Its £12.6 Billion Bid for SEGRO Public After RejectionCrypto Hyundai Card Settles a Cross-Border Payment in Minutes Using a StablecoinTech OpenAI Clears a US Security Review for GPT-5.6, but the White House Says It Was Not ApprovalPersonal Finance Rich Enough to Retire, but Afraid To: How to Close the Confidence GapCompanies AstraZeneca's Wainua Fails a Big Heart Trial, Wiping About £19 Billion Off Its ValueCrypto Swift Launches a Blockchain Ledger to Test Tokenized Deposits With 17 Big BanksCompanies The 'Amazon of Oil': How Trading Houses Keep Crude Moving Around the WorldEconomy Britain Extends the Life of Sizewell B Nuclear Plant to 2055Markets Prologis Takes Its £12.6 Billion Bid for SEGRO Public After RejectionCrypto Hyundai Card Settles a Cross-Border Payment in Minutes Using a StablecoinTech OpenAI Clears a US Security Review for GPT-5.6, but the White House Says It Was Not Approval

Topic: swift

The skyscrapers of London's Canary Wharf financial district
New Crypto
Thursday, 7/9, 10:37 AM

Swift Launches a Blockchain Ledger to Test Tokenized Deposits With 17 Big Banks

  • Swift, the messaging network that ties together more than 11,000 banks worldwide, is putting a blockchain-based shared ledger into a pilot with 17 major banks, including Citi, HSBC and UBS.
  • The goal is round-the-clock cross-border settlement using 'tokenized deposits', a sign the incumbents of global finance are moving onto the same rails as crypto rather than ceding ground to it.

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