Swift’s Blockchain Ledger Ready for Use as 17 Banks Set to Pioneer Tokenised Cross-Border Payments on Trusted Global Infrastructure
Swift moves from concept to activation of blockchain-based ledger in nine months
17 banks from six continents are now preparing to pilot live transactions using tokenised deposits for 24/7 payment availability and better liquidity efficiency
The addition to Swift’s resilient global platform marks a key milestone for regulated digital assets, creating a foundation that could support future innovations in areas such as programmable money and agentic commerce
Swift today announced that its blockchain-based ledger is ready for initial use, enabling early adopter financial institutions to support 24/7 cross-border payments with tokenised deposits — and marking a decisive step in scaling the benefits of digital value across the regulated global financial system.
