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SWIFT Tests A Blockchain Ledger With 30+ Banks -- What It Means For XRP
Yahoo Financeยท 2025-10-01 11:51
"A digital shared ledger, created with the SWIFT community, offers transparency and interoperability, two priorities to effectively manage cross-border payments in a 24/7 world," said AJ McCray, Bank of America's head of global payments, in a prepared statement.The first step is an early stage conceptual prototype by Ethereum (CRYPTO: ETH) developer ConsenSys. This approach combines SWIFT's decades of trust-building with a fast, secure, and low-cost digital ledger, most likely using tokens on the Ethereum b ...
X @Consensys.eth
Consensys.ethยท 2025-09-29 17:33
We're proud to share that Consensys is supporting SWIFT with early-stage prototyping as the global financial infrastructure adds a blockchain-based digital ledger to its technology stack.@swiftcommunity's move is a pivotal one for global finance, beginning with instant, always-on cross-border payments at unprecedented scale. ๐ ...