Altcoins News

Story: SWIFT Launches Blockchain Registry with 17 Banks to Transform Cross-Border Payments

By Evie Vavasseur

1 / 15

A Pilot Designed for 24/7 Payments. SWIFT's blockchain registry has been designed to operate without interruption.

2 / 15

Banking Tokenization Gains Momentum. This project is part of a broader trend. Global financial institutions are increasingly looking at…

3 / 15

SWIFT has launched a blockchain registry in partnership with 17 major banks. The goal: to test cross-border payments via tokenized deposits. This is no half measure.

4 / 15

The pilot project aims to bridge traditional banking systems with modern digital infrastructures — those that operate continuously, without the limitations of traditional banking…

5 / 15

Seventeen banks. It's a number that speaks volumes about institutional appetite for this kind of solution.

6 / 15

The banks involved are looking to assess the real feasibility of all this. They want to identify the technical challenges that arise when integrating a blockchain into existing…

7 / 15

The full results of the pilot have not yet been publicly shared. SWIFT and its banking partners have not disclosed specific details about the system's performance or the…

8 / 15

Related reading: Le projet pilote de Swift avec 17 banques mise sur les actifs tokenisés pour des paiements 24/7

9 / 15

This project is part of a broader trend. Global financial institutions are increasingly looking at blockchain as an operational tool, not just a conference topic.

10 / 15

More context: Swifts 17-Bank Blockchain Pilot Bets on Tokenized Assets for Round-the-Clock Payments

11 / 15

SWIFT, which has managed the global financial messaging network for decades, has every interest in remaining relevant in this new landscape.

12 / 15

The success of the pilot phase could pave the way for wider adoption. If the results are conclusive, other banks might join the movement, and SWIFT could deploy the system on a…

13 / 15

See also: Les outils dIA poussent les équipes de sécurité crypto à auditer plus vite ou perdre des millions

14 / 15

Except that integration into a complex regulatory framework remains the real challenge. Regulatory issues still need to be addressed to ensure compliant implementation.

15 / 15

Read also: AI Tools Are Pushing Crypto Security Teams to Audit Faster or Lose Millions

The Currency Analytics

Want the full story?