Traditional financial infrastructure takes a new step toward tokenization: 17 global banks have connected to the SWIFT ledger using ISO 20022 adapters to support tokenized deposit instructions. ๐ŸŒ๐Ÿฆ

Although final settlement continues to operate on traditional systems, this move reduces operational frictions and brings institutional banking closer to digital asset infrastructure. However, latent risks remain in the sectorโ€™s reliance on the cloud, which it must address.

What to watch: The speed at which more financial entities adopt these standards and how it impacts liquidity on blockchain rails.

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