🌐 SWIFT Rolls Out Blockchain Ledger, 30+ Global Banks on Board

SWIFT, the global payments messaging giant, is taking a major step toward 24/7 cross-border payments with a blockchain-based ledger.

Key points:

▪ 30+ top banks collaborating, including JPMorgan, Bank of America, Citigroup

▪ Developed with Consensys, the team behind MetaMask and major Ethereum upgrades

▪ Designed to enable real-time, secure, and efficient cross-border payments

▪ Interoperability built-in, allowing seamless transfers between fiat rails and emerging digital systems

💡 Why it matters:

With over $150 trillion in annual cross-border transactions, SWIFT’s blockchain initiative could dramatically reduce settlement times and costs, while modernizing the global financial infrastructure.

📊 Current market context: BTC +2.01%, ETH +1.55%, CORE -3.19%

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