Swift's blockchain-based ledger is now operational and already in use by major global financial institutions. CEO Javier Pérez-Tasso confirmed the launch at Sibos 2026, marking a significant milestone since the development was first announced at last year's conference.
At least 19 banks are expected to adopt the ledger by the end of 2026, enabling 24/7 payments through tokenized deposits across five major currencies. The system facilitates round-the-clock settlement for participating institutions using blockchain infrastructure.
Swift Blockchain Ledger Goes Live With 19 Banks Expected by Year-End
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