🔥🚨 BREAKING : Swift Tests 24/7 Ledger as Banks Race to Adapt to Stablecoins
$BTR $CLO
Swift and two major banks (HSBC, Standard Chartered) completed the first live, 24/7 cross-border transaction using tokenized deposits on its blockchain ledger. This pilot proves the tech works for real-time settlement outside banking hours, aiming to modernize correspondent banking and compete with stablecoins. Next step: scaling the rollout to 17 participating banks for wholesale programmable money.
$BTR $CLO
Swift and two major banks (HSBC, Standard Chartered) completed the first live, 24/7 cross-border transaction using tokenized deposits on its blockchain ledger. This pilot proves the tech works for real-time settlement outside banking hours, aiming to modernize correspondent banking and compete with stablecoins. Next step: scaling the rollout to 17 participating banks for wholesale programmable money.
