Swift Goes Blockchain: 30+ Banks Join the Ledger Experiment
Hey Digital Banking Fanatic,
Big news from Frankfurt: Swift is going blockchain.
At Sibos in Frankfurt, the payments giant announced it’s building a blockchain-based shared ledger with help from Consensys and more than 30 of the world’s largest banks (think JPMorgan, HSBC, Deutsche, Citi, Santander… the Avengers of finance).
The goal? Real-time, 24/7 cross-border payments that are faster, smarter, and always on.
This doesn’t mean Swift is suddenly minting its own token. Instead, it’s laying the infrastructure rails so commercial and central banks can move regulated tokenized value securely and at scale.
Translation: instant international transactions with the same trust and compliance that the industry already relies on Swift for.
If it works, this could be the biggest shift in global payments since Swift first connected banks in 1973.
Enjoy more news below (including major expansion plans from Tyme Bank), and I'll be back in your inbox tomorrow!
Cheers,
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