Swift’s pilot allows 17 global banks to transfer tokenized deposits on weekends, but ultimate settlement still relies on legacy systems.

Global financial messaging network Swift launched a blockchain-based shared ledger on Thursday with an initial set of 16 banks including Citi and ​HSBC , as part of a push to enable round-the-clock ...

Swift confirmed its blockchain-based shared ledger is ready for use, with 17 banks across six continents set to pilot live ...

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Swift has confirmed that its blockchain-based ledger is ready for initial use, clearing the way for 17 banks across six continents to pilot live cross-border payments settled with tokenized deposits.