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SWIFT Unveils Blockchain for Faster Global Payments | Bitcoin and Crypto News

SWIFT Unveils Blockchain for Faster Global Payments | Bitcoin and Crypto News

Published 2 days, 11 hours ago
Description

SWIFT just unveiled a new blockchain ledger designed to revolutionize international payments by handling tokenized bank deposits—17 major banks are already testing it, aiming for faster, 24/7 transfers without sacrificing security or compliance. With giants like HSBC, Citi, and UBS on board, this marks a major step toward integrating digital assets into traditional finance, upgrading global money movement for speed, flexibility, and scalability. Already connected to over 11,500 banks, SWIFT is laying the groundwork for a more agile financial future, as other institutions follow suit.

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