SWIFT Crypto Ledger Targets Settlement Dead Zones With 17-Bank Go-Live
SWIFT is taking its largest step into crypto after confirming its blockchain-based shared ledger is prepared for preliminary use. Built on Hyperledger Besu over 9 months, the community will let 17 main banks, together with HSBC, Citi, UBS, BNP Paribas, DBS, ANZ, and Standard Chartered, pilot stay cross-border funds utilizing tokenized deposits. The rollout strikes…
